sp will be CRACKEN to $1.70
Why else would Mattrick throw his own money into a Angel Fund with London Venture Partners seeding new & upcoming Game Dev firms.. read the news. It's NOT ZYNGA's money it's HIS... Wake Up, I think Mattrick did what he was asked to do.. "Steer the ship" - which is now complete aka FV2 mobile, NFL/Disney/Wood. I expect his exit within 6 mo's.
"IT ALONE" says it ALL and history will repeat...
#$%$ is that all about - doesn't say Zynga funding it - it says Mattrick's funding it with London VP.. read the news.
Now earnings date gets pushed back 2 weeks. Back then, DM said he'd need 2 - 4 Qtrs for a turnaround and the market cut him slack. The KING IPO lifted the Zynga Boat to mid 5's and now sits 50 cents below where DM took over... row, row, row, your boat....
Z behind the curve on game pr - king going all out on gaming space on - TV ad's ramp - z playing catchup and toast - 9 months out and late no girls for at the prom dance - ie a No NEW GAMES zip and king eatiing their lunch and Mattrick keeps playing Candy Crush... Carry on ya'll
They announced both in their SEC Pre14 A in mid April when the sp was $4.20ish now it's $3.10.. ...a 25% haircut since announced. 1 slip up and another 25% haircut on tap. Earnings will deliver that drop. watch and learn.