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Zynga, Inc. Message Board

odonnellm66 130 posts  |  Last Activity: 4 hours ago Member since: Jan 17, 2012
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  • The Good--AAPL: A highly innovative company with real products. However, the market is now fully saturated for touchscreen devices and the mobile service companies are now unwilling to subsidize the purchase of these expensive phones. Fewer and fewer individuals are willing to make the yearly purchase of the latest and hottest device. More troublesome yet is that Chinese demand has fallen off a cliff.

    The Bad--TWTR: One might think that this is a major growth story since most of the population is unable to articulate anything beyond 140 characters, and nothing in the way of paragraph form. The problem is that TWTR has substantial revenue, but nothing in the way of profits.

    The Ugly--ZNGA: Yes, this dog is damn ugly. Here we have a company whose sole product is childlike fads. These fads, all expensive to produce, come and go with the speed of lightening and user loyalty shifts with the wind. ZNGA has had no P/E ratio listed since it went public since their are no profits. It merely keeps the doors open by expending the capital raised from the fools who purchased this rubbish at prices above $10-. Clearly, this is not long term sustainable while actual paying users remain in sharp decline. Do you pay for porn in a world of freebies? I think not. Then why should you pay a dime for the likes of these drugs of conformity? Freemium Business Model = Total Fail

    Summary: Tech and social byte will be the sectors to lead this market down in 2016. Consider how many professional money managers have been holding AAPL on the road down, and they of course know better than us. I would also reiterate that the current doldrums in volume of all the exchanges hint that big trouble is in store for us this year. ZNGA volume is particularly disturbing.

    Sentiment: Strong Sell

  • I simply had to find a convenient way to hide all those windfall profits from shorting the ZNGA Brain Trust, and by the way, I do speak excellent Spanish. Like most of the wealthy elite, I merely talk about social equity in sound bites, but in reality, taxes are for the common plebeians.
    Summary: The greatest threat to the American way of life is the enormous acceleration in the concentration of wealth. Take a look at the amount of capital controlled by less than 3% of our population, and that trend continues to grow. It may work in a two bit dictatorship, but it is in no way sustainable in a democracy. At some point when you pull the masses away from their Willky Wonka ZNGA fantasies, they will rise up. Things can and will get very ugly.

    Sentiment: Strong Sell

  • I suggest there is not. Pure anecdotal evidence says ZNGA's fixed costs exceed revenue, and wildly so. You can start with bloated management and 1600 plus highly compensated techies. On the other side of this equation, paying users are in sharp decline, and most never get beyond freemium mode. This company has been bleeding cash assets since it went public. Do you rely on our own government for figures about the actual level of the nation's debt or true unemployment? I don't. Do you trust your broker for unbiased information? Here's an interesting tidbit. The firm my father (now dead) toiled with most of his career--Merrill Lynch--has blocked the doom and gloomers from Zero Hedge from all company computers. What threat might Zero Hedge pose to Merrill's work force? Isn't the free flow of ideas and opinions, whether you are in agreement or not, healthy for the equity markets? It must depend on the rose colored glasses.

    Summary: Do your own homework carefully, and the devil is always found in details ignored by the common masses. If I were a young man again, I would prepare for the eventual demise of the US dollar as the world's reserve currency. That is the single event which will decimate the American way of life, which is now built on a foundation of debt which never will be repaid. I would reject materialism and simply own the bare essentials free and clear. My house would be a place to live, not an investment. I would reject touchscreen realities in favor of critical independent thinking. I would remain short the common stock of ZNGA.

    Sentiment: Strong Sell

  • That recent spring road trip through Death Valley and the Mojave Desert did test my fortitude as it is generally a tempting vice to smoke a bowl of green bud or partake of some peyote if you have access. The beauty of remote places does stir your senses, and like many people, never fully satisfied, I wish to take it another step higher via some mind bending substance. Rest assured that I remain constant and consistent in this battle, even in my deepest moments of doubt. The bottom line is that sans booze and dope, my perceptions have never been more acute. I smell big trouble ahead for our equity markets while the money management professionals predict slow but steady growth. Something gives and in a major way. Recall how few grasped the underpinnings of 2008 until after the fact. We never really entirely escaped the structural flaws which caused that unpleasant experience. Everything was merely papered over while the rich elite became ever wealthier and the middle class was declared an endangered species. There is something very rotten in Danemark, and it is soon time to pay the piper. ZNGA likely doesn't survive the carnage, and certainly not in its present form. If an outsider is going to purchase this lost cause, it best happen quickly, because when fear has the upper hand, all transactions will be frozen. This is also why ZNGA should sell its building immediately. That property is the only profitable acquisition ever made by Boy Pinky. The SF Bay Area is in
    the midst of one more massive real estate bubble. It and the stock market will burst.

    Sentiment: Strong Sell

  • What can this churning action possibly mean?

    Answer: Volume precedes price with high frequency, and we should anticipate a post doldrum volume burst in the near term future with price action to the downside. Sorry boys, but this party, more of a group sex orgy really, is over. Money will now be made on the short side of the equation. Bad things happen when the crowd pushes the sell button simultaneously. Liquidity 101. Hype stocks with no earnings will be slammed the hardest. It's a long list.

    Sentiment: Strong Sell

  • ZNGA remains in a prolonged period of transition, and like Chairman Mao, we have just instituted another "Five Year Plan." We reluctantly admit that ZNGA cannot yet post a P/E ratio except in non-GAAP form, but Rome wasn't built in a day, and virtual realities take time to develop. We have a new promising CEO and CFO on the management merry-go-round, and if they don't work out, we simply replace them with new faces, which always causes a 15% rise in our common stock price. Don't forget that naked man behind the curtain either--Der Fuhrer, Mark Pinky. He still controls the majority of the voting shares, so he can check out, but he will never leave. We at ZNGA see nothing but blue skies and rainbows in the future. Willy Wonka says so.

    Sentiment: Strong Sell

  • 1. AAPL
    2. Google
    3. Microsoft
    4. Exxon Mobil
    5. Berkshire Hathaway
    6. Facebook
    7. Amazon
    8. Jonson & Johnson
    9. General Electric
    10. Wells Fargo
    Observations:
    --It is amazing how few of these companies make a physical product.
    --The overweight of tech/social byte is obvious, and disturbing.
    --You can short this entire list across the board, but tech will decline the most in the next crash.
    --Once the big boys succumb, ZNGA is toast.

    Sentiment: Strong Sell

  • Current market conditions should be played strictly in terms of pure mathematical probability, and the odds heavily favor that we are facing a substantial decline (Crash anyone?) in the averages before this calendar year is out.. This remarkable and unprecedented stock run post 2008 crash lows is done, and merely runs on fumes. Any single unpleasant event, world or national, can tip the scales with lightening speed, and when you add political uncertainties to the mix--a brokered convention with smoke filled rooms--things then get very interesting. Lady Macbeth (Hillary) now appears a foregone conclusion but her bag of skeletons and unbridled ambitions should be nothing for Wall Street to celebrate. Now consider how a hype junk stock like ZNGA will perform in the coming environment. Remember, ZNGA doesn't have a dime in earnings, and it only products are asinine fads for people lacking in any sense of intellectual curiosity. The population at large is programmed by such idiocy, and it will be difficult to predict exactly how they will behave when times are difficult, a situation possibly more serious than 2008. You only know they will be very willing to trade freedom for some semblance of economic and emotional security. Downside risk in stocks looms enormous.

    Sentiment: Strong Sell

  • Have you ever articulated a thought of two words or more? It's a high calling.

    Sentiment: Strong Sell

  • These ZNGA roadkill bounces--blatant penny stock manipulation really--are only for very adept day traders or made men in the Kosher Nostra. If you are neither of these groups, I suggest you are way out of your league and sitting at the wrong poker table. It comes as no great surprise that ZNGA quickly succumbed after a couple days of leivitation (partly due to ZNGA buying its own shares) because this junk company has zero fundamentals and loses money each and every day the doors remain open. ZNGA roadkill bounces consistently lack in volume follow through, a critical component if any stock is indeed in a recovery phase. Anyone who has taken a buy and hold position in this travesty of fads has lost big money. Remember the green salad days when ZNGA ever so briefly held an absurd market cap greater than that of Alcoa? The delusional ZNGA longs have been on the highway to hell since then and billions (yes, billions) have been vaporized over this fraud. ZNGA: Garbage in and garbage out.

    Sentiment: Strong Sell

  • The economic 3% elite of our nation are not supporting this buffoon. The Donalds strength is found among common working stiffs--the fading middle class-- and this tier of society is under huge economic stress. They never participated in the so-called recovery, which in fact, is no recovery at all. Trump's run for the Republican nomination makes for a very interesting study of crowd behavior, which of course is intrinsically connected to the price of stocks. Mob mentalities, also critically important to the marketing of ZNGA's asinine games, can turn on a dime, and that is exactly what we are about to see as waves of selling enter the stock arena. As stated many times, SPY volume, extremely anemic in the last month and well below the daily average, is a key stock indicator. It has just been wakened up from winter hibernation, but SPY volume now only rises on down market days, as evinced by yesterday's and today's trading sessions. This is one very significant warning sign. The path of least resistance in stocks is now down and any single unpleasant catalyst can push us over the edge. It matters not what that specific catalyst is. The best case scenario is that ZNGA merely treads water, but I somehow think there will be a very negative reaction to more posted losses next week, and ZNGA, quite unlike AAPL, has atrocious liquidity. So, who will be buying your shares, and at what prices?

    Sentiment: Strong Sell

  • Last night's Austin City Limits on PBS
    Mind blowing performance.
    Sarah Jarosz and her equally gifted trio.
    I especially like her song, "Over the Edge."
    It probably summarizes ZNGA's current predicament.
    The baton has clearly been handed to Sarah Jarosz by Joni Mitchell and Emmy Lou Harris.
    Jarosz will have a huge impact on music.
    Big. Very big.
    I am in awe.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Apr 11, 2016 11:32 PM Flag

    There are really two states in Michigan, and the line of demarcation is the Mackinac Bridge, which in many ways is every bit as impressive as the Golden Gate. There's the mierda hole which includes Detroit and Flint, and then there's the wild country of upper Michigan, which plays central to Hemingway's early Nick Adams short stories.
    On Hemingway. I personally consider his novels vastly overrated with the exception of that short masterpiece, "Old Man and the Sea." I should be more interested in Hemingway because I spent much time in Spain, and pedaled a bicycle the entire Iberian Peninsula. I also briefly attended Universidad de Salamanca. Hemingway is best in his short stories. In general, his novels fail to move me. The other drunk, F Scott Fitzgerald, is a much better writer than Hemingway.
    I would love to take a month at least and slowly cruise the back roads of upper Michigan, and of course have the bicycle along.

    Sentiment: Strong Sell

  • A volume confirmation is absolutely essential if this latest reincarnation is to believed. It is nowhere to be found. We have witnessed the pump lasting a few hours, and ZNGA has done this countless times in its rather sordid history. Next week comes the dump.
    Observing the broad averages as a whole, I would also comment that we have increased volatility, but not built on a foundation of strong volume. Again , refer back to the SPY. This type of action, a market discrepancy grounded in schizophrenia, is always resolved over time, and not in a positive manner.

    Sentiment: Strong Sell

  • odonnellm66 by odonnellm66 May 16, 2016 10:04 PM Flag

    Read the front cover article of the current issue of Time Magazine, titled, "Capitalism."
    I don't generally find much of value in Time, but this piece is quite good.
    Is finance becoming our sole industry?
    Or the likes of ZNGA?

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Apr 22, 2016 2:19 PM Flag

    The money side of the murky music business has always been dominated by the Kosher Nostra (David Geffen and so on), but Prince did things on his own terms, something I deeply respect. His music speaks for itself, and he, like many prodigies, was a multi-instrumentalist--and we are talking real instruments. In the modern era, so-called music is now generated by computer loops, and any concrete sense of melody is missing, a major shortcoming of both RAP and Hippy Hop by the way. I personally find Prince to be a logical extension of Sly and the Family Stone and Jimi Hendrix, with the latter two exerting profound influence on myself. I can't say his extensive catalog holds universal appeal for me, but there are also a few Beatles tunes I would skip. Focus on his gems, and he has many. His rendition of the guitar solo from While My Guitar Gently Weeps is nothing less than astounding.

  • However, volume has not stalled. It is in a major tailspin and that's a big warning sign. We couldn't even manage a four million share session last Friday. What we have is a technical discrepancy between price and volume (a problem for the markets as a whole), and such discrepancies are always resolved. Clearly, the $2.50 price level, also where you also find the ZNGA options activity, is key technical support. In light of the volume crash, I don't see $2.50 holding for long. It is also worth noting that SPY volume is rising from its recent lethargy, but only on down sessions, so the path of least resistance in the broad averages is down. I anticipate a big rise in volatility and volume next week. Madcap gamblers--all of you--should feel free to take positions in FAZ, VIX, and the very risky TVIX. The greedy always lose with these positions over time because of their nasty resetting properties, so you must sell too early and never regret coins left on the table. A more conservative approach is to short the SPY, turn the computer off, and go on a long road trip.

    Sentiment: Strong Sell

  • There were some strong sell orders at the open causing the immediate decline to $2.39. Mark Pinky then picked up the bat phone and made an immediate call to the latest CFO, whose name I don't recall. An order was issued. "Buy our company shares now! If no one else wants ZNGA common stock, we are the buyer of last resort. We must provide a false sense of demand for the stock to prevent further decline."
    Now ask yourself these questions:
    1. Is the company purchase of their own shares efficient use of capital?
    2. Without these purchases, where would ZNGA have closed today?
    3. Is it long term sustainable for ZNGA to provide a floor beneath the selling?
    4. Who is the ultimate owner of the capital used to purchase today's shares?
    5. Was any of the money raised from the scam $600 million secondary offering used to buy shares?
    6. Did Mark Pinky put his own capital at risk?
    7. Will ZNGA lose money on these share purchases over the long run?

    Sentiment: Strong Sell

  • I'm one to question commonly accepted norms, so I will toss a pan of dirty dish water on this theory as well. It is now particularly dangerous to refer to past behavior as precedent for the future. Six months ago, it would have been completely absurd to think that Trump would be the front runner of the Republican Party. In other words, the unthinkable now becomes quite plausible. My view is that we live in the most unusual and fascinating of times, but danger lurks everywhere. In terms of the stock market, I find the dramatic volume decline the most troublesome signal, and and today's action in the SPY once again reinforces that dark feeling.
    Summary: Something gives this calendar year in the broad indexes, and gives in a major way. If a sharp decline were to occur before the election, it definitely assists Trump. The exact timing really doesn't make a huge difference to me. I only know it is coming. It also doesn't even matter who is the next President. When Lady Macbeth presides over that office, the most likely scenario, she will be unable to prevent the thick flow of blood. Quite simply, "Time is out of joint." In this context, a junk stock like ZNGA is doomed. No earnings. A failed business model. A passing fad at best.

    Sentiment: Strong Sell

  • Assuming you accept ZNGA's rather creative accounting (I don't), I still fail to understand why you would celebrate that the company lost $27,000,000 in the most recent reporting quarter. That figure would indicate ZNGA is losing $300,000 per day, seven days per week. Each and every week $2,100,000 vanishes into thin air. Meanwhile, competition ramps ever higher for these fads which are really nothing more than drugs of conformity. They will come and they will go. It costs quite a pile of change to keep those 1600 ZNGA techies housed and fed in the nation's most expensive city. The devil is always found in the details, and in this case it is very simple math. Profit = Revenue - Cost of Operations

    Sentiment: Strong Sell

ZNGA
2.43-0.12(-4.71%)Jun 24 4:00 PMEDT