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bklyntexan 5 posts  |  Last Activity: Jun 5, 2014 9:06 PM Member since: Jan 30, 2013
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  • According to ZYNGA's 10-Q. Zynga still has 178.9 million as of March 31, 2014 from the authorized stock repurchase program announced on October 24, 2012.

    If they did not purchase shares today. This is a perfect opportunity for management to buy back shares at an insanely discounted rate.

  • bklyntexan@att.net bklyntexan Jun 4, 2014 9:21 PM Flag

    I hear ya. I also disagree with you. Mark Pincus was one of the founders. Not every founder is a good CEO. Mark Pincus proved that. He finally woke up one morning and realized that he needed a true leader to run ZYNGA. He swallowed his pride and passed the torch to a proven talented leader (Don Mattrick). Amongst other things, Don Mattrick has to work hard to shake off the old Zynga stigma (some of what you wrote). Mark Pincus is no longer involved in operations of ZYNGA.

    Zynga will see $5 and beyond in time. Although this may not satisfy the fast money. It will reward the Long-Term investors. As for the IPO, If Don Mattrick was the CEO when it IPO'd. I am certain the stock price would be a lot higher right now. Unfortunately Zynga started off with bad leadership. The house is being cleaned and we are beginning to see results. I enjoy taking contrarian positions. I bought Nokia stock when it was in the Low $2s when everyone said that Nokia was going bankrupt. Wow it hit $8.20 (I did well on that). I bought HPQ stock when people hated it all the way down to the low $11s (I bought a ton of shares right at the bottom in November 2012).. I made a killing on HPQ recently selling right below $34. These things do not happen overnight. I do not listen to the idiots on CNBC, the paid analysts etc...To be successful in investing or trading, one has to be an independent thinker. Just like Peter Lynch said, "You have to know what you own, and why you own it."

  • bklyntexan@att.net bklyntexan Jun 4, 2014 8:01 PM Flag

    My commentary was not meant for fast money traders, more for Long-Term investors. However, fast money traders did have opportunities to make money on Zynga stock. You gotta know when to get out. Pigs get slaughtered everytime. Don't hate the CEO, hate thyself for being greedy.

  • Don Mattrick has major experience in the gaming industry through EA, Microsoft to name a few. It is very obvious that Don Mattrick is taking a different approach to mobile gaming. He wants to produce games with staying power i.e. FIFA series at EA sports. He is not interested in a game that will blow up the charts for a few weeks and then disappear.

    Analysts, Talking heads on CNBC amongst others do not understand this. They talk up mobile gaming as who has the hits with the most sales right now. How does that make any mobile gaming company relevant for years to come? It is more effective for the long term growth of the company to create games that attract fans and have staying power, you then create a franchise. Movie studios have been doing this for years with movies and it works.

    When one of these analysts opens their eyes and realizes what Don Mattrick has been saying over and over at investor conferences, then we will have better stock performance. This is why Don Mattirck continues to repeat himself at investor conferences. The analysts are not comprehending what he is saying. Not only is he ridding the company of unproductive personnel. He is bringing in seasoned and proven talent. He is creating staying power for the games already in the market. His team is also working on producing new content etc...

    Until someone wakes up and smells the coffee brewing. Long-term investors who are patient will be rewarded. Eventually someone will get it. GLTA

  • bklyntexan@att.net bklyntexan Jun 4, 2014 7:07 PM Flag

    I agree with you baggindabucks. Don Mattrick has major experience in the gaming industry through EA, Microsoft to name a few. It is very obvious that Don Mattrick is taking a different approach to mobile gaming. He wants to produce games with staying power i.e. FIFA series at EA sports. He is not interested in a game that will blow up the charts for a few weeks and then disappear.

    Analysts, Talking heads on CNBC amongst others do not understand this. They talk up mobile gaming as who has the hits with the most sales right now. How does that make any mobile gaming company relevant for years to come? It is more effective for the long term growth of the company to create games that attract fans and have staying power, you then create a franchise. Movie studios have been doing this for years with movies and it works.

    When one of these analysts opens their eyes and realizes what Don Mattrick has been saying over and over at investor conferences, then we will have better stock performance. This is why Don Mattirck continues to repeat himself at investor conferences. The analysts are not comprehending what he is saying. Not only is he ridding the company of unproductive personnel. He is bringing in seasoned and proven talent. He is creating staying power for the games already in the market. His team is also working on producing new content etc...

    Until someone wakes up and smells the coffee brewing. Long-term investors who are patient will be rewarded. Eventually someone will get it. GLTA

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