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Zynga, Inc. Message Board

blimpsrus2001 76 posts  |  Last Activity: 10 minutes ago Member since: Jan 22, 2008
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  • blimpsrus2001 blimpsrus2001 10 minutes ago Flag

    Cody Willard invests in Fitbit that is telling you something idiot.

  • blimpsrus2001 blimpsrus2001 10 hours ago Flag

    Another disgruntled idiot that cannot afford to purchase Fitbit.

  • SunTrust Bank Inc. is the third-largest bank in Memphis and one of the largest players in the Southeast, but it's also branching out to Silicon Valley in search of new investment.
    In August last year, SunTrust became one of a handful of banks to offer the San Francisco-based health technology firm FitBit Inc. a credit line of more than $180 million. Regional banks are well-versed in business lending and credit, but FitBit is different.
    As this Wall Street Journal article points out, regional commercial banks are almost never financial players when it comes to startups. That world is dominated by the very largest Wall Street banks and small investment firms who either have huge balance sheets that could handle the loss or are specifically tailored to handle high-risk lending.
    UPCOMING EVENTS
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    "It's a neat example within the bank of a lending relationship that evolved into a good investment banking relationship as well," said Mark Brommer, investment strategist with SunTrust's Investment Advisory Group in Memphis. "We're proud to be a part of that deal."
    Mary Ann Hodges, managing director of Private Wealth Management at SunTrust in Memphis, is a big believer in the product herself, finding it a much better option than the other fitness tracker she had been using.
    "I went through several Jawbones," Hodges said. "But this one hasn't given me a moment's trouble."
    FitBit went public in June, and since opening with a share price of about $29, the price has increased to more than $45.

  • As per our playbook, I’ve been patient in waiting for good pitches before taking swings. This week, in the midst of this current stock-market weakness, I’ve started nibbling on some of my favorite long-term Revolution Investing stocks and now I’m going to step in and add a new name to the portfolio.

    Let’s look at one of the leading wearable companies on the planet, FitBit FIT, +3.51%

    I am starting a small position in some FitBit common stock today because I see big potential upside if this company delivers on the possibility of becoming an entire ecosystem of wearable technology and big data. Cody invested in many tech companies that eventually took off Apple being one of them.Very smart investor

  • blimpsrus2001 blimpsrus2001 Jul 28, 2015 7:53 AM Flag

    I am baffled on why people would spend top dollar for a very low quality phone referring to the iPhone because people are not to swift?

  • Reply to

    the numbers on aug 5th

    by raggwead Jul 26, 2015 11:53 AM
    blimpsrus2001 blimpsrus2001 Jul 26, 2015 5:16 PM Flag

    Yup and you will get burnt :)

  • Reply to

    the numbers on aug 5th

    by raggwead Jul 26, 2015 11:53 AM
    blimpsrus2001 blimpsrus2001 Jul 26, 2015 12:16 PM Flag

    "Counte not thy Chickens that vnhatched be,
    Waye wordes as winde, till thou finde certaintee." Thomas Howell

  • Reply to

    Horrible Long term Hold

    by tropazzz Jul 25, 2015 1:27 AM
    blimpsrus2001 blimpsrus2001 Jul 25, 2015 10:56 AM Flag

    Better yet I would not be surprised if he owns an Apple product a very low quality product at that.As stock climbs you will have a lot more of this.

  • Reply to

    Only 2.7 billion for HERE ?

    by giguy_1999 Jul 21, 2015 11:11 AM
    blimpsrus2001 blimpsrus2001 Jul 23, 2015 8:10 AM Flag

    Fitbit :)

  • f there is one thing that Jim Cramer knows about the market right now, it is that investors despise value stocks and are going completely gaga for growth.

    Lately, money managers have been willing to pay insane amounts of money for the most turbocharged growth names, even in unusual groups like semiconductor and tech hardware makers.

    Three stocks have been a total battleground as high-growth companies that have high multiples: Ambarella, FitBit and GoPro.

    So, given the fact that we are in an environment that favors the growth stocks, Cramer decided to take a closer look at these three stocks to decide whether they really are too expensive or it is time to start loading up on them.

    "Remember, even if you hate these stocks, I need to you to understand how a stock gets from point A to point B, especially if point A is the base camp at Everest and point B is the summit," the "Mad Money" host said.
    First up was GoPro, the maker of popular, high-quality action cameras that trades at 31 times next year's earnings estimates. That can seem absurdly expensive, given that the average stock on the S&P 500 sells for about 18 times earnings.

    The bear case for GoPro is that many view it as a hardware retailer with a product that can eventually be replicated by the competition, which will ultimately dent its reputation.

    The bull case for GoPro is more complicated, as many believe that GoPro has a lot more time before a competitor will be able to design such a good camera. Additionally, GoPro is building out a media ecosystem that allows millions of people to generate content and share it. That's a dream come true for a market that already loves Facebook and Google.

    When Cramer looked at the numbers, he knew immediately why GoPro's valuation was justified. It grew revenues by 71 percent year-over-year, and its earnings more than tripled year-over-year. It released strong guidance for the year as well, as many of its snazzy new products will be in stores for the holidays.I know growth oriented money managers who would gladly pay as much as 60 times earnings for a company with these numbers. I think GoPro's a bargain at these levels," Cramer said.

    Next was Ambarella, the chipmaker that is the brains inside of GoPro and many drones. Ambarella currently trades at 35 times earnings estimates over the next 12 months, and its stock has been all over the map as investors try to figure out if it has China exposure.

    The bears think that Ambarella is linked to GoPro and has no control over its own growth. Cramer leaned more toward the bullish case, which thinks that Ambarella provides components for many different growth end markets, not limited to GoPro.

    And just like GoPro, Cramer found that Ambarella's numbers justified its valuation. It delivered 73.5 percent y-o-y revenue growth and more than doubled earnings. Even at 35 times earnings, Cramer still thinks Ambarella is cheap.Then there is FitBit, the leading maker of wearable fitness trackers. And while it might seem pretty insane at 61 times next year's earnings estimates, Cramer actually thinks the estimates could turn out to be too conservative, which would make it less expensive.

    The bears worry that the Apple Watch will eat into its business, but given the fact that it serves a totally different purpose from the Apple Watch at a cheaper price point, Cramer isn't concerned.

    "I think FitBit's got a terrific ecosystem, and I bet their first quarter out of the gate will be a good one, which is why I think it's a buy into any weakness over the next two weeks going into their earnings report," Cramer said.

  • Ungluing yourself from your couch in your air conditioned living room isn't easy to do during these long summer months, but there's still time to take advantage of the good weather and get active.

    If you need a little extra motivation to get up and out, strapping a fitness tracker around your wrist and watching the calories burn down in real time may do the trick.

    The Fitbit Flex has definitely aged a bit since its initial launch in 2013, but with its retail price now sitting at $75 — down from its usual $100 — it's an affordable entry point into the everyday fitness tracking tools provided by the Fitbit empire. Most of the things that made us recommend the Flex back when it first arrived still have their charms today. It is light and comfortable around the wrist, it doesn't look ostentatious, and it tracks calories burned, steps taken, and other basics through your computer or a smart device with Fitbit's handy app. It has a silent alarm that makes getting up for an early morning job less annoying for anyone else in the house, and its battery life is still fantastic.

    The Flex's occasionally inaccurate stat tracking and lack of an LCD display mean that it isn't the best Fitbit product for more intense training — try the Charge HR for that — and its older age requires that you make sure you have a smartphone or tablet that's compatible with it. If you want an affordable partner in your attempt to live healthier, though, it’s still worth a look.

    Fitbit Flex, $74.99 (originally $99.95), available at Amazon. [25% off]

  • blimpsrus2001 blimpsrus2001 Jul 22, 2015 12:08 PM Flag

    When Apple can find the product that will suck the people in like all of their products then he will give how many people Apple screwed.Problem is not Apple it is the dumb people buying the products.If they built quality not so bad but they pump out very low quality products.All about profits

  • Tim Cook stated Watch sales were higher in June than in April or May. He once more declined to provide specific Watch revenue/unit figures, while asserting Apple has chosen not to do so to keep info out of competitors' hands.

  • Reply to

    More pain today for the bulls

    by ronmox Jul 21, 2015 8:48 AM
    blimpsrus2001 blimpsrus2001 Jul 21, 2015 10:19 AM Flag

    No pain no gain :)

  • Reply to

    FOOD FOR THOUGHT

    by hwj1954 Jul 21, 2015 8:07 AM
    blimpsrus2001 blimpsrus2001 Jul 21, 2015 8:11 AM Flag

    Mentioning the word food I am eating shredded wheat now and getting ready for more entertainment today life is great enjoy every day because it goes in a blink of an eye :)

  • Reply to

    What happened I sold @ 43.60 now going back up

    by blimpsrus2001 Jul 20, 2015 11:42 AM
    blimpsrus2001 blimpsrus2001 Jul 20, 2015 11:49 AM Flag

    Obviously you did not understand my post.

  • Wonder how many so called investors are saying this

  • Reply to

    The Bulls

    by ronmox Jul 20, 2015 1:45 AM
    blimpsrus2001 blimpsrus2001 Jul 20, 2015 3:34 AM Flag

    You got it Apple pumps out very low quality products,but if people are dumb enough to buy it then Apple will keep soaking the ignorant people.Apple has a great thing going.Do you think they are laughing all the way to the bank.Steve Jobs knew tne people are not to swift.

  • Reply to

    The Bulls

    by ronmox Jul 20, 2015 1:45 AM
    blimpsrus2001 blimpsrus2001 Jul 20, 2015 3:27 AM Flag

    After a long term hold of Fitbit stock my bags will be packed with cash :)

ZNGA
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