Things already known:
Guidance will be flat or low end as stated in the last earnings call "choppy".
John Doerr joined the board - a heavyweight VC, that's well respected, influential and connected.
Mattrick will run "the business" and implement strategy. That strategy is the next generation of TV consoles for interactive user engagement and entertainment - search, gaming, purchase, et-al.
Pincus will direct product development across all games. That is his strong suit.
Spooky Cool will focus on casino RMG. That is their strong suit.
Bwin.Party CEO Norbert Teufelberger will launch RMG with Zynga on Facebook in Q3/4 as stated in their last conference call... So in my opinion, there is no need for any partnership in Jersey or Nevada, let alone buying a casino with that cash burn.
The 18% headcount reduction reaffirms their execution of strategy, with little impact to the balance sheet.
This Q IS THE PIVOT POINT IN THEIR BUSINESS.
The Media's Relentless Pounding is all about "Clicks for Cash" with zero substance, zero facts, all innuendo, all "a reliable source" who is never named and short hedge fund MM's paying a $1 per post on CNBC/Yahoo message boards .... If you want the FACTS... Google up what the insiders say and do. And I don't mean scheduled share sales by insiders.
No fluff in this post.
The Voice of Reality...
No one in their right mind would call this a Strong Buy right now... this is the WORST time to buy, maybe wait until next week when the dust settles. I think this will be down even more on Monday then it is today. No one wants to keep this over the weekend