500m B shares need to be converted to A so you know what happen, see you in the 1's hope you shorted those 15k.
Warned you wait for all be shares to be converted that is your best bet 1's soon that's when to buy.
Thats what he said in the first CC when he came on, lots more down side as us shareholders we voted for 700m B shares to be converted to A. Outstanding share count will be 1.7b thats 1.40 a share once it's done will wait
should see 1's 2day or monday.
then new ones come in repeat until the b shares are all gone.
That is the wall street way we would be at 15 if there where no B shares thats how they play there little game & keep the PPS in check.
to unravel. EOM
Got a email to take out funds from account hope znga did not spend it or they will have to dip into the dropping cash reserve.
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Will slowly go up till next round of converting B shares to A just get out before it happens, most of the time they do it by CC, 300m more to go.
1.50ish wait for it short coming in again as things get bad. no sec filing for the online casinos closing? like it's a non event.
with pps at 2.09 nothing good since then thats why it is almost back there again. 1.6b before this year end.
Free B shares to hard cash with A shares thats how they keep pps in check. Went to 4.80 then they had to convert b shares to a to drop it.