These guys don’t play. They gave me three winners in a row. Ultimate Stock Alerts (search Google for them)
I believe he was one of the first to get let go at ZNGA during their downsizing. If you don't want to listen to his moronic rants just put him on ignore if not they are good for a laugh every once in a while.
If your so smart why are you on here every second of everyday? You should have so much money you don't need to waste your time on a message board!
It's when this entire stock market experiences a rather severe bout of deflation.
Following the oil chart downward trajectory.
That's the most pertinent question.
Then rubbish stocks like ZNGA will be vaporized.
You say, "Buy every dip!"
Just as you have since 2008 to great success.
The problem is, that game plan will now bankrupt you.
Again I preach unto the ZNGA sheep.
Watch junk bonds (HYG) very carefully.
Please feel free to now return to your silly games.
Madness for the masses.
Dawn of Caligula.
Or Nero's violin.
Sentiment: Strong Sell
Like I said in earlier post, ZNGA is in a recently formed, ascending channel. Yesterday, ZNGA was in the top portion of that channel (and thus overbought). ZNGA bounced off that, and is now close to the bottom of the channel. If the current momentum holds, we should bounce up again soon, to 2.92 as Ross said (perhaps by Friday).
Resistance at $2.92 and just above $3 too. However it could easily pop to $3.24. Today really shows what resistance is. Struggling to stay in the high $2.70's
That's a lot of shares short and a lot to cover. The only thing shorts have going for them right now is a frothy market. If the market turns down there will be more time spent on games.