The only sick puppy I can see on this board is going to be you when we hit new 52 week high.. Thanks God we have Obamacare because you are not going to be able to afford treatment.. You better cover.. I will remind you again at $4, $5 and so on...
Never fight the trend , you will lose.. Learn to be humble and admit that you are about to be F***ed good
That is great News. We have hardly any day traders and momentum players here and that should bode well as most of us such as myself are planning to hold ZNGA for the long run specially given the fact that the recent lowered estimates combined with many game launches in the next 6 months and lets not forget the recent after hour capitulation of $2.40 level will insure that ZNGA Slingshot move continues with full force in near term.
I will not be surprised one bit if we make new 52 week highs before next earning call specially when the next earnings will be compared to dismal performance of last year and all metrics will be up for the first time and that is what wall street loves.
Meanwhile, we should start seeing some street etc SELL articles over the coming days and weeks just like we did at the lows and hopefully some of the morons who listened to those calls will start cursing them and start going long.. My gut feeling is that the party will not begin until this baby close over $4 /200DMA. We may be about 6 weeks away from that..
Automated trading just kicked in.. Expect to close over $3.50 this week... Ouch.. I see quite a few shorted their underwear today... LOL :)
The move has begun and I am convinced that shorts will add more instead of covering.. It is called greed , the same things that longs did on the way down AVERAGE DOWN.. Now tables have turned and shorts turn has come.. However, with longs the downsized was limited due to huge cash position, assets and other enterprise value but Shorts don`t have the luxury because they can never predict how high this will go in long term...
Real action will come after we close above 50 DMA.. It is something called automated trading conducted by computers with no emotion ..
Sentiment: Strong Buy
Oh Boy, what a fun week we have ahead for ZNGA.. Hope you are on the right side of the 20% move up ahead... There is going to be lots of tears of joy for some of us as ZNGA unveils the SLINGSHOT move that will be remembered for a long time to come....
The unthinkable I was referring to was ZNGA closing positive for once and as you can see I was right.. The path of least resistance is up from here specially if markets don`t crash and we close the weekly chart with a close at the top of the range ( that is over $2.92 ) ..
I will post a follow up tomorrow...
must admit i thought I was wrong but looks like I am right because king will make me a king tomorrow.. Yeah baby , ZNGA already crashing after hours in sympathy
Looks like I made the right decision.. King will take ZNGA down tomorrow making me rich beyond your imagination
I think you forgot a zero.. Learn some math first .. Also take accounting 101 to learn how to read 10Q because given your remark , the only thing you are correct is about posting your IQ as 10
ZNGA managed to end the week on high note despite 100`s of negative articles and 1000`s of social media blog condemnation, a ton of analyst downgrades and a HUGE Miss on guidance.. Investors are now assured that a multi year bottom is put in place for ZNGA and lets not forget that we are just a quarter away from 2015 when performance metrics point to a surge in earning, audience and revenues with lots of releases on the way,,
My broker was correct to suggest that it is to cover short and go long and therefore , I have taken a huge long position here with plans to liquidate in 18 months !!!! I don`t know about near term but things are going to be great starting first Q-2015, For first time , I must admit that Don is worth the money given the strategy that he revealed at the CC.That strategy made tons of money in console for both microsoft and EA and bringing it to mobile using natural motions highly advanced platform will make Zynga tons of money going forward..
Shorts who held on over the weekend are going to be the catalyst for next leg up and ZNGA breaks thru 50 DMA of 3.05 by next friday.. Once that is done, automated institutional trading platforms will take it very close to $4 before next earnings..In short, there is lots of pain ahead for the greedy shorts who did not cover.. Come on you must be plain stupid not to cover given that all this bad news didn`t take this to $1.99 as hoped by many, then what will ???
Never fight the trend ... This goes for both longs and shorts.. Life is all about timing and patterns
Sentiment: Strong Buy
Do it in all Asian languages and have the user play and interactive game with tiger.. Wow , now we will talk 50 dollar per use versus 5 cents.. Asians and Arabs and big white american whales are rich in case you havn`t noticed .. All ZNGA has to do is to make VIP version of the game and charge bigtime so people can show off that they have tiger game on their device.. Same goes for NFL game in smaller scale price wise and 100 times the audience... Need to create exclusive game that allows user to show off that they can afford it