checking the reviews for paradise bay on app annie and there seem to be alot of negative comments about the game crashing and the changes that force players to wait longer for resources. but the game does seem to be generally quite appealing. they better work out these kinks, because the game can be a great earner, but not if they frustrate players. i am worried that z2live creates games that are technically glitchy and create frustration that will tend to push players away. king has enormous opportunity to launch games, but seems like the game development teams need a kick in the behind. come on king, time for the game development teams to get their act together. your marketing teams are doing things right, but without decent games, they must be really tired of waiting for something to market.
the flat to down earnings are primarily a function of no new games for 6 months. that is an extremely long time for a game company. that huge user base is a major advantage, but they only leverage it with compelling new games to play.
interesting that you compare it to apple, another stock that has been grossly misunderstood and undervalued by the market (and still is). compare king to gluu at a 27 p/e and king would have to have profits cut in third to have a similar p/e. i do think the market is getting set up for a major fall when i see how momentum seems to be much more important than profitability. i still believe it will move past 15.25 to 15.85 resistance next week and bounce around under that resistance until the next game launches. if paradise bay gets into the top 15 or 20 grossing, the stock is going to move up fast. but the jury is still out on how they do in non match type games.
apple will differentiate on security and continue to grow sales.
will continue very nice growth. looks like apple will pull the iphone launch forward, which will mean more revenues in that quarter. then the watch and the new apple tv plus a new larger ipad will keep the growth going into the final quarter. this year apple keeps rolling and the stock rolls up to 180 by year end
there are only about 30-40 million shares not closely held. i believe the last time they were heavily buying it also forced some shorts to liquidate as the borrowed shares were no longer available to be borrowed against. so for every share they take off the market, they also can force short covering.
patience. june 8th is the catalyst, it will likely get to 134 before the event and then if wall street likes the new apple tv box, it moves up from there.
that is a pretty safe forecast, like the weatherman who tells you there is a 20% chance of sun tomorrow. my guess is that we bounce around under 15.25 for 1-2 days and then it breaks through and over a few more days takes us to 15.80ish, then we trade under that resistance for 2 weeks and then move past it to 16's. but i think we might need some good news (acquisition, successful launch of content) before we head back to the 17's. but i will stop harrassing you and let you and donkey see who has the bigger one.
not really, but i will take a 3% gain anyday. so if you are an oracle, tell me the near future for this stock? is it going to break through resistance at 15 tomorrow? hit 16? or higher? or does it languish here? show us your brilliance.
we can focus on the coming june 8th announcement. looks to me like apple is poised to re-test highs by next week. we just need to finish clearing out the lame institutional investors. i want cook to announce he is upping the stock buyback due to the low price.
who is the dip shnit? looks like he was kind of right, although not about the magnitude or even the exact timing of the increase. the stock looks set to move past the highs of monday tomorrow. if we clear past this 15 resistance, then 15.80 comes quickly
i hate my cable company and will gladly cut the cable cord and just use apple tv, netflix and online. been doing alot more "bing watch" where we find a show we like and just watch episodes every night, instead of flipping the tv through channels and landing on something i probably dont really want to watch. $30 a month to apple plus device sale and possible peripherals
they hate the fact that retail investors can pour money into apple and beat the pros. when the pros get beaten, it means less commissions. and wall street only lives on commissions. apple will continue upward, but also continue to be undervalued.
that usually means the stock wont get to that level. not sure why anyone buys short dated options. just too likely they will expire worthless
wrong. the huge cash hoard of apple is best used to buy back shares. wall street has a valuation on apple that is at a major discount to the overall market. best way to rectify this is by pulling shares off the market at these cheap prices. increase the buyback by 100 billion.
Apple TV will be big. I'm just waiting to cut my cable company and use Netflix, AppleTV and cut about $80 a month. more than anything, i just hate my cable company, so even if i saved nothing, i would make the switch.