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Zynga, Inc. Message Board

odonnellm66 93 posts  |  Last Activity: Jul 7, 2016 2:16 PM Member since: Jan 17, 2012
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  • Options related Monday reversals are quite common even for a junk stock like ZNGA. Since we witnessed a 3% options related decline in ZNGA common last Friday, it is quite likely the stock will regain that 3% near Monday's open. By the way, when premiums are taken into account, most all of the actively traded ZNGA $2.50 puts expired worthless, and there is no coincidence here. Obviously the $2.50 calls were losers. This strategy is only for those very adept with the trigger--buy quickly and sell quickly-- because the long term path of this horror story remains down and down substantially. The cooperation of the broad averages is also generally required, so if the Sunday night futures are down substantially, you avoid this type of trade.
    Summary: Brother, take this ZNGA roadkill bounce and may it serve you well.

  • It has everything to do with the US dollar and its questionable status as the world's reserve currency. There comes a point in the next five to ten years, and perhaps sooner, when the rest of the globe balks at trading certain critical commodities and transactions in dollars. Since our currency only has so-called legitimacy through massive accumulated debt which trades liquid only for the moment, the devaluation would be catastrophic. Imagine a scenario where China and Russia teamed together to create a new currency, backed not by debt, but freely convertible into let's say a basket of commodities, including but not exclusively oil and the precious metals. By the way, it is common knowledge that China has "secretly" been accumulating huge stocks of physical gold and their leaders are all too aware that the US dollar has days which are numbered. The scary part of this entire notion is our last source of strength will be found in our military hardware, and we will use it. The unreported truth is that Saddam Hussein wanted to trade Iraqi oil outside of the petro dollar, and we already know our response. The question thus becomes, how do you hedge against a declining dollar?

    Sentiment: Strong Sell

  • I warn you that this applies to today's close only, and next week likely involves more pain for the delusional ZNGA longs. For the moment, the options pit is the tail which wags the dog ZNGA, and clearly, free price discovery is fictitious on an options expiration day. You can call it what you want, but it is highly convenient for the movers and shakers to have both the puts and calls expire worthless. The bottom line is that truth is discovered only over the long haul, which is why a gifted stock trader is able to ignore the short term rattle and hum with a singular focus on the grand landscape, not background noise. This is what ZNGA is (and has been since $15-) over a wider measurement of time:
    A tale told by an idiot
    Full of sound and fury
    Signifying nothing

    Sentiment: Strong Sell

  • This behavior is all grounded in human psychology, which has not changed one iota in many thousands of years. Cro-Magnon Man obviously had no access to computers, but he was also subject to the same herd mentality which is the product of existing as a social being. This observation has important implications for the junk stock ZNGA. I suspect volume will continue to rise on the sell side and herein rests that unpleasant possibility of a mass exodus for the very narrow exit door. The danger of mass psychology will be further exacerbated when waves of selling occur in the broad averages which are absurdly overvalued in light of interest rates which approach zero, and actually with negative yield curves in a few parts of the world. This of course has caused massive speculation in equities (and rubbish like ZNGA), and the feeding orgy is now long in teeth. I suggest that downside risk is now greater than in 2008. We have very heavy sailing ahead.

    Sentiment: Strong Sell

  • If you actually believe there is a fair and free flow of information on Wall Street, then I guess you are soon expecting a vestal virgin to sit in your lap at the local strip club. Proprietary information leaks all the time, and the little fish in the sea--meaning you--are the last to know. That's why an individual retail investor should have a singular obsession with volume because volume doesn't lie. That all brings us to yesterday's sudden burst to a 30 million share session with price to the downside. You need to ask who was selling and why. Pink sheet stocks like ZNGA are always the most susceptible to the pump and dump strategy because relatively little capital is required for the ruse. My own suspicions rest in ZNGA's highly creative accounting. I see a highly bloated work force of 1600 techies cranking away at God knows what in the nation's most expensive city while active paying users are in a virtual free fall. In my mind, anecdotal evidence says things just don't add up.
    Summary: We once again break below 200 pennies.

    Sentiment: Strong Sell

  • FB can, at least for the moment. A pink sheet penny stock like ZNGA, which trades thin, cannot. I fully expect a full blown liquidity crisis with this dog excrement. Holders of this junk stock will receive a most unpleasant haircut--a Mohawk at the very least, and perhaps the more dreaded scalping. All it takes is a single substantial player attempting to unload his position--50 million shares let's say-- and the buy side of the equation will fall like a lead zeppelin.

    Sentiment: Strong Sell

  • A pure market technician (which I am not) doesn't like this type of day chart, especially with a mere 1 penny move on more than double the average daily volume. Churning price action on this kind of volume is seldom healthy and indicates that the day traders who took advantage of the LinkedIn innuendo already sold and secured their short term gains. Those shares were then picked up by the die hard victims of delusion who persist in believing that this mirage of a company will eventually be purchased at a substantial premium in some sort of tendered bid. Herein rests a slight problem. Downside risk levels in the broad averages remain at nearly unprecedented levels, and selling, not the buying of shares, will soon hold the upper hand. Then the major players become gun shy and focus not on a momentum play, but that age old notion of value. In terms of a value investment, ZNGA doesn't qualify. Overhead remains out of control via a bloated work force, and ZNGA has never once posted a profit since the IPO. My estimate is that ZNGA at today's price still carries more than a $1 billion premium over its liquidation value, so downside risk still looms huge.

    Sentiment: Strong Sell

  • I have the perfect remedy. Watch a PBS taping of Bob Ross's show, The Joy of Painting. I don't paint at all myself (metal, welding rod, and wood are my formats), but I always find his instruction mesmerizing and strongly hypnotic, all qualities not found in the ZNGA universe. He expresses a certain calm joy in life and the natural world which is able to calm the nerves. We are clearly not talking about Cezanne or Renoir here, but that is entirely beside the point. Bob Ross dons this rediculous Afro perm which somehow fits his msytique perfectly, but more importantly, his greatest asset is some sublime spiritual quality which I can't quite put my finger on. He is at ease in a tumultuous world, and he shares that ease through painting. Read his wikipedia bio--it is quite interesting. Bob Ross unfortunately died quite young (52) from lymphoma in 1995. The irony is that he became a self-made multi-millionaire, but did all his PBS shows free of charge.

    Sentiment: Strong Sell

  • This does make for an interesting day trade, but nothing more. Just imagine, whoever purchases the ZNGA Brain Trust would then have access to the personal information of 300 pound welfare mothers and an assortment of other idlers whiling the hours away in touchscreen diversions. This pop, like all the others, will fade in a New York minute. By the way, such a fanciful notion best be brought to fruition in short order because the broad stock averages appear to be fully primed for some waves of selling which likely amount to more than a traditional 10% correction. Once the dynamic shift from greed to fear is fully underway, and that occurs shortly, the mantra then becomes preservation of capital, not tossing good money at failed companies with zero earnings.

    Sentiment: Strong Sell

  • I refer specifically to tonight's game in Oakland. The timing of Draymond Green's one game suspension comes as no surprise to me. Each game in the finals represents many millions of dollars in TV revenue alone, so why not extend the series to a game seven if possible. I guess the NBA assumes the public is that naive. Of course, the NBA is run by the same tribe pushing and shoving on the junk stock ZNGA. Do the names of David Stern and Adam Silver ring any bells? If it smells like the Kosher Nosta, it probably is. The reach of this triad is far and wide. It is also found at the highest levels of the ZNGA Brain Trust. Supreme Court? The Federal Reserve? And on and on and on.

    Sentiment: Strong Sell

  • I did notice a few days back that a few of you boys (real men short this junk penny stock) were suffering from acute wet panty syndrome as this pink sheet issue soared all the way to 266 pennies. Alas, a common symptom of erectile dysfunction is an inability to stay hard more than 3 minutes, and I'm just lucky to have some pills to appease my own personal shortcomings. Unfortunately, medical science has found no cure for a deflated pinky on the feral and flea ridden canine ZNGA. It should come as no surprise that the only one to make a penny off of these ZNGA roadkill bounces are made men in the tribal syndicate. No honey, that does not include a message board poster boy. Here's the immediate problem: We are looking at a huge increase in volatility in the broad averages this week as selling picks up a rapid head of steam. As fear supplants greed, the herd will attempt to unload this speculative rubbish in droves, and then one more problem rears it's very ugly head. Quite simply, ZNGA is characterized by atrocious liquidity. The price adjustment will be rather unpleasant.

    Sentiment: Strong Sell

  • Why would an enlightened citizenry entertain someone as plainly absurd as Donald Trump, a perverse nuance of Dr. Strangelove? It is because the population at large has not benefited one iota from this massive stock run. The middle class, traditionally the heart and soul of the nation, is now an endangered species and under huge financial pressure. Huge amounts of capital are controlled by less than 3% of our population, while the average person doesn't have $1000 in the bank to meet an emergency. Long term, this is a prescription for disaster. For the moment, the asinine junk generated by the ZNGA Brain Trust appears to keep the natives satisfied in their virtual realities, but I rather think these mundane pastimes go by the wayside once even more severe economic pain is inflicted upon the masses. The broad stock averages falter first, but longer term, it will be all about the value of the US dollar. Imagine how the population will react when their dwindling dollars are able to buy less and less? We are not a homogenized society like Japan where conformity and cooperation are central values, so I eventually expect unrest and a violent reaction from our now militarized police forces. This ain't no ZNGA touchscreen game.

    Sentiment: Strong Sell

  • Consider for a moment the enormous bloodshed and hatred unleashed long ago by our invasion of Iraq, a war founded completely on lies and false pretenses. Quite simply, there were no weapons of mass destruction. It is common knowledge that the Zionists, the pig Netanyahu, and his puppet Bush Neocons (many Jewish) were instrumental in this absolute disaster. The invasion of Iraq, carried out with our men, money, and military hardware, single-handedly destabilized the entire region, and the rise of radical Islam is the net and logical result. The genie is now out of the bottle, so where do we go from here? Do we continue to allow Israel to dictate our nation's foreign policy? There is no limit (false flags anyone?) to what Israel might do to achieve its ultimate goal, which is the destruction of Iran. If there is only one good thing you can say about Obama, it is that he resisted the machinations of Israel and Netanyahu. So why wouldn't Israel throw their substantial weight and money behind Trump if he works in their interests?

  • odonnellm66 odonnellm66 Jun 12, 2016 9:51 AM Flag

    If last night's mass shooting in Orlando is any indication, international terrorists might wish to up the ante before the fall election. Unfortunately, this is what I anticipate. It is not a far fetched notion as the perpetrators already reside on our shores and in many parts of the nation. It could be one large scale event (the BART tube under SF Bay immediately comes to mind), or it could be a whole series of more subdued killings. I reiterate that all terrorist events work in the favor of Donald Trump, and by the way, Mr. Trump will not be able to save our stock market which is in the final phases of one massive bubble. We live in very interesting and dangerous times. I see the very real potential of a perfect storm.

    Sentiment: Strong Sell

  • The volume was especially impressive on a down market session. ZNGA does have this odd characteristic of defying the averages, at least in a single trading session. One day does not however an established trend make, and I would point out that this week's moves in the VIX are signaling that we likely have strong selling ahead in the coming week. If ZNGA can continue to resist down market trends over the coming sessions, that is obviously a major plus, but this stock most often expresses itself as minor flashes in the pan with no follow through. I expect much excitement in the indexes next week and there will obviously be much focus on the pending vote in great Britain on an exit from the European Union.

    Sentiment: Strong Sell

  • So, where's the SPY volume today, and why is it in decline? Are we perhaps churning away at a major market top? I sense huge amounts of complacency among retail and professionals alike. Precise market timing is best left to the clairvoyant types, but I sense big trouble before this year is out. Politically speaking, we already have had our black swan event, and it is obviously Donald Trump. There will also be a black swan event in our financial universe, and it likely starts with the bond market, junk bonds specifically. 2008 deja vu all over again? Real estate is once again all the rage, at least here in California. Remember, risk is more concentrated and consolidated now than in 2008 because so many players disappeared from the scene. Lehman? Washington Mutual? Bear Stearns? And so on. There are only a handful of major participants sitting at this rigged poker game now, and that's very dangerous. The amount of leverage at play is nothing less than astounding, especially in the bond market via complex swaps and derivitives. All it takes is one of the big boys to falter and we have mass contagion.
    Summary: I can't go for that. No can do.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Jun 8, 2016 3:23 PM Flag

    Mark Pinky and his tribal brothers launched a $600 million bank heist against ZNGA shareholders and rank and file employees via a sham secondary offering. The triad was able to back door exit company shares during the lockout period, and executed sales at prices above $12- per share. The stock now languishes in the 200 penny range. Manila ain't got nothing on Mark Pinky.

    Sentiment: Strong Sell

  • Someone gained the access codes for the backwater nation of Bangladesh and transferred $81 million to one more backwater nation, the Philippines, which is a country I have intimate familiarity with. The electronic transfer was drawn on the Federal Reserve Bank of New York, and the money has only been traced to the point where it disappears into several Manila gambling casinos. The ethnic Chinese (Marcos and Aquino both heavy with Chines blood) are the movers and shakers in the Philippines and most all of S.E. Asia, and no doubt at the heart of this con game very worthy of a good movie script.

    Now read below about a ZNGA bank heist of $600 million.

  • ZNGA is one junk penny stock which has driven many a good man to the bottle, and it is common knowledge throughout the Bay Area that more than 75% of the delusional longs now seek a spiritual solution, a liquid remedy as is to be found in fresh Guinness Stout on tap. Countless retail investors subjected themselves to ZNGA's hallucinogenic mirages of large capital gains, only to see their brokerage accounts move in the direction of zero. Brothers, I feel deeply for your pain and I now offer you a temporary reprieve from these rather severe spankings. Seldom have I seen a person fail who has not followed in my illustrious example, and I therefore invite you to a spiritual revival at Shannon Arms Irish Pub on Taravel Street in San Francisco this Friday evening. The elixir of life shall flow profusely as you contemplate the mounting losses with your foolhardy investment in the ZNGA Brain Trust. More than a few of you will have a tear in your beer, but rest assured that after numerous libations, you will feel better about this comedy of errors. A slush fund has been established by your former CEO, Mark Pinky, so you needn't worry about trivial matters such as mounting bar tabs in the House of Leprechauns. Der Fuhrer may even be on hand to sign stock certificates. Take this Guinness and may it serve you well! Come to believe that a power great than yourself (Guinness Stout) can restore you to sanity!

    Sentiment: Strong Sell

  • Any one or all these events greatly assist Donald Trump before the election.
    1. A junk bond liquidity crisis.
    2. A decline in the stock indexes of 20% or more.
    3. Any substantial terrorist attack on our shores.
    Summary: Bad news only helps Trump and diminishes Hillary Clinton's prospects. An insane choice can then become quite plausible. The American mood is already very restless and we have yet to see the real economic pain which is yet to come.

    Sentiment: Strong Sell

ZNGA
2.69+0.05(+1.89%)Aug 26 4:00 PMEDT