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Zynga, Inc. Message Board

odonnellm66 429 posts  |  Last Activity: Oct 19, 2014 1:15 PM Member since: Jan 17, 2012
  • I just issued this warning to my employer in Minnewaukan, North Dakota, Vulture Capital Management:

    To Mr. F Scott O'Rothschild:
    Stocks seldom fall straight down like a knife slicing butter, though ZNGA has come pretty damn close. I believe you and your associates should prepare for another ZNGA roadkill bounce at this juncture. The Chosen People, Hal, and the delusional message board sheep are preparing to launch this penny stock one more time above $2.50, and they might just succeed. Longer term, I wouldn't be much concerned, because there's no staying power, a bullldog erectile dysfunction so to speak, and we will yet see a K Mart special on ZNGA common at $1.99 on aisle four, the liquidation section. Mass capitulation and a huge burst in volume is coming with the coming lack of earnings report, scheduled sometime between October 20 and 24. You should also anticipate a single trading session in October where the DOW is off 1000 points or more. Rumors currently abound on the Bay Area techie cocktail circuit that Mark Pinus is relocating to Tel Aviv after he sells his Pacific Heights mansion. He is thought to be opening a Caterpillar dealership as the bulldozer market is red hot in that area.
    Extend my greetings to Olga, the Scandinavian farm lass. Does she yet pine for my return? There's just something missing with these California girls, San Francisco's boy toy scene notwithstanding.
    I remain ever your trusted servant.
    --the prophet odonnellm66

    Sentiment: Strong Sell

  • Reply to

    13 cents from book value.

    by genybother Oct 10, 2014 12:19 PM
    odonnellm66 odonnellm66 Oct 10, 2014 12:30 PM Flag

    The devil is always in the details, so it depends what credence you assign to ZNGA's highly creative accounting techniques. I would be most concerned about the actual figure of real cash erosion. It would be most interesting to see that number expressed on a day to day basis. In other words, how much money does ZNGA lose day in, day out? It's pretty clear to me that they have no tight reign on overhead, bloated salaries of management and the rank and file in particular. I take it as a near given that the ax must fall at least in terms of future layoffs. This company is bleeding dark red, and obviously, this is not sustainable over a longer measurement of time. Wall Street increasingly senses this dire condition, and that primarily explains the bouts of selling. Why the hell are shareholders paying Don Mattriick $1.2 million per week? It is no less than obscene.

    Sentiment: Strong Sell

  • Reply to

    Odonnellm: Lets Play Words With Friends!

    by sfjlegends Oct 10, 2014 9:19 AM
    odonnellm66 odonnellm66 Oct 10, 2014 12:15 PM Flag

    I was a one time Scrabble player, but there was a tendency to argue about what is and is not in the dictionary, and which dictionary to use as a reference point. I love crosswords puzzles with pen in hand, though the NY Times frustrates me after about Wednesday. I leave the Sunday puzzle for the pros. The only game I never tire of is backgammon. It is a fascinating combination of mathematical probability and pure luck. I also consider it a game conducive to healthy socialization with much cussing, so you will never catch me playing backgammon on a computer.
    I am still awaiting the arrival of my gold plated iphone. I do understand the reluctance in light of your recent failure to play the hoped for and illusive ZNGA roadkill bounce. Talk to your accountant about the loss carry forward.

    Sentiment: Strong Sell

  • But then I discovered numerous openings at the ZNGA Brain Trust, and at that citadel of virtual realities, I could toil about in relative obscurity within the confines of my cubicle. I also love the free gourmet meals at the ZNGA restaurant. My brown bag days are now over. If I happen to get stressed over the excessive boredom of Farmville, Version 2, I can always request an in house massage. I love the wonders of the new techno byte economy. Like the DMV, profits don't even matter at ZNGA. It's sort of like a job corps program for the dysfunctional. Why bother with some mundane government job? As they say, membership has it privileges.

    Sentiment: Strong Sell

  • The wife might enjoy that explanation of you ZNGA "investment." However, it is still a loss, and many foolishly compounded the loss by averaging down on a bottom fishing expedition. Some who purchased $10- ZNGA or more claim not to have lost one cent, since they never sold. This again is delusional thinking. Ask yourselves why Pincus and Associates liquidated $600 million of ZNGA stock at $13-. That's real money already banked. There were no paper losses on that trade. There were real paper profits, ill gotten though they be. Study the Economics 101 notion of opportunity cost. What is the opportunity cost of holding on to the rail of a sinking ship? It could be fatal.

    Sentiment: Strong Sell

  • I'd like to mail each and every one of you a large pot infused brownie, made in Colorado of course, where the state motto was recently changed from, "It's in the water," to, "It's in the herb." I'm assuming most of you now require an altered stater of consciousness not found in a Farmville country escape. Eat the entire brownie in a single sitting with a side course of Fritos. You should feel much better in a matter of minutes, and soon the vagaries of the ongoing ZNGA death spiral won't even matter.

    Sentiment: Strong Sell

  • I sense much nervousness and tension and there might be a tendency to sell rather than to sit on losing positions over the weekend. On the other hand, the FED will be strongly encouraged to directly intervene overnight in the futures markets to put a stop to this bleeding. The ponzi scheme must be maintained. Heaven forbid if we have a cataclysmic decline just before the midterm elections. That's just not acceptable for Obama's men. Predict day to day movements at your own peril, but this entire market is headed down, and no mere 10% correction. I predicted much excitement in October, and that's exactly what we will have.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Oct 9, 2014 3:17 PM Flag

    I like a man with a good sense of humor, and that you have.
    But the subject at hand is the ongoing ZNGA death spiral, not viral women in trailer parks.
    Where does this misery end? $1.99 is not that far away.
    When does Don Mattrick move to happier hunting grounds?
    I say he's gone before the end of the year.
    A much richer man.
    And much poorer shareholders.

    Sentiment: Strong Sell

  • The dollar is currently taking a rather severe beating against both the Yen and the Euro. For those interested in the big picture, the currency markets merit very close attention. Now I must ask you if the barbarous relics, gold and silver, should be declared dead and of no use to a modern investor. I think rather not, and they will fulfill their traditional function as a proxy on dollar value. Keep in mind, the precious metals are the most manipulated markets in the world via central bank intervention, so unless you have a long term perspective (or are very lucky short term) it might be wiser to just short the SPY. The averages are headed down a minimum of 20%. In the case of panic selling, not all that remote, I'll let you call the ultimate bottom. In any case,ZNGA is toast. $1.99 ZNGA coming.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Oct 9, 2014 2:22 PM Flag

    Most certainly it can, especially if the shorts wish to take profits, which are substantial. I prefer to remain patient especially with a bit of turmoil in the major averages, and the primary long term trend for ZNGA remains down. I completely lack the skill to short term trade, and $2.50 ZNGA will not rattle me in the least, because it doesn't hold. If the ZNGA Brain Trust does the right thing, they need to announce layoffs, because they certainly don't need 2000 plus expensive bodies for the current menu, or any future menu as far as I can see. I'll leave the day trading to those more gifted.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Oct 9, 2014 2:11 PM Flag

    A rather "minor" error. Although a ZNGA roadkill bounce could take us back to $2.50 with no great difficulty, the next major stop is $2.25, and if that doesn't hold, we could be at $1.99 much sooner than expected. We will have a Blue Light Special on ZNGA common on Aisle Four. Praise the Lord!

    Sentiment: Strong Sell

  • That's short covering and perfectly illustrates how this type of buying can temporarily stabilize a stock in deep trouble. Do not be fooled by this bounce, as it does not reflect actual long positions in ZNGA common. It is short covering plain and simple. The next stop on this garbage is $2.50.

    Sentiment: Strong Sell

  • This is the Holy Trinity of short selling, and not generally an easy find. You might find one or two of the attributes, but not all three. Enron came closest to ZNGA in recent market history, and oddly, a few of those people went to prison.

    Summary: ZNGA has been a greed machine for the insiders and the tribe since its very inception. Watch for highly creative accounting in the next lack of earnings report. How does one make horrible appear as simply bad?

    PS: Why are you paying Don Mattrick an absurd $1.2 million per week? What is Don creating? It baffles the mind. It's your money.

    Sentiment: Strong Sell

  • Now google Armageddon, ebola, famine, terrorism, nuclear war, Herpes Complex II, and the Great Depression. Reread the Book of Revelations.

    Do I perhaps have a warped perspective on life?
    Or am I just a naive idealist?
    The jury is in deliberation.

    Sentiment: Strong Sell

  • They are 100% reliant on addiction for revenue. Virtual realities are the new modern industrial disease. No one is foolish enough to pull out a credit card to waste time with this rubbish unless they are full blown addicts. Addiction is a key and critical element, and Mr. Pinus knows this. Consider how empty those lives are if this is the nirvana of life affirmation. Addiction in the alcohol and tobacco businesses is clear and readily apparent. In computer gaming (and Facebook by the way), the malady is much more insidious. After all, these are just innocent past times. Or are they actually powerful drugs of conformity, narcissism, and the dumbing down of an entire citizenry? NPR actually had a piece on this very subject this morning, the hiring of market psychologists to find the best way to get the sheep hooked. Apparently, ZNGA doesn't have enough addicts for its asinine pursuits, and this primarily explains the stock swoon. You can sell ZNGA based on a philosophical stance alone if you are an ethical investor.

    Summary: Garbage in and garbage out. Would you want your own son or daughter whiling away the hours in Farmville or take a different path and read Huckleberry Finn? Or go for a walk? Or have a real conversation?

    Sentiment: Strong Sell

  • You can now yearn for those green salad days of $13 and $15 ZNGA common. It was absolute absurdity and insanity, simply mass hysteria run wild. There has been a very heavy price paid for this caviar wet dream--many billions forfeited--and you can only wish you were a supremely gifted market timer like Mr. Pinus and the tribe who dumped $600 million in ZNGA stock at $13-. No one bothered to ask this most pertinent question in the midst of the scam secondary offering. "If you don't believe in your stock, why should we?"

    Summary: ZNGA is a criminal enterprise. As is the case with most Wall Street scams, no one goes to prison. The tribe acts with utter impunity, though the lawyers may yet have a field day with this fraud. I have been warning of the ZNGA death spiral since $14.19. I have remained ever consistent, as constant as the Northern Star. Beware of those who kiss by the moon, as the moon is ever changing.

    Sentiment: Strong Sell

  • Short covering tends to stabilize the type of death spiral we are witnessing in ZNGA common, because you only exit a short position by purchasing the stock you have borrowed in the open market. The fact that this swoon continues indicates that these are long positions being liquidated today, and that most of the shorts are sticking to their guns awaiting even lower prices. In other words, there is no short covering rally today. Of course there will eventually be a short covering rally, but I suspect it comes after ZNGA falls below $2-. Patience has richly rewarded short positions in this garbage stock. I'll leave the day trading and bottom fishing for the sheep.

    Sentiment: Strong Sell

  • Relatively subdued volume says we have yet to witness any mass capitulation on the part of the delusional longs. Recall that birds of a feather flock and flee together. That remains very much in the cards, and of course, the hair trigger will be the coming lack of earnings report. Vulture Capital Management has issued a level 10 kamikaze sell signal on the ZNGA Brain Trust, indicating that ZNGA common shares have achieved toxic waste status, and should only be approached fully attired in a Hazmat suit. Please view our instructional video on youtube--Sheep Shearing with Seth MacFarlane. All ZNGA roadkill bounces should be taken as opportunities to sell. Karma Yoga dictates a Dollar Tree pricing of the shares with an initial price target of $1.99, but when ZNGA's full cash asset erosion is fully revealed, the ultimate bottom is an unknown chasm.

    Disclosure: Vulture Capital Management is a diversified hedge fund specializing in short positions of scam stocks and tulips. It's founder and director, F Scott O'Rothschild, is a former pentecostal minister in the Church of Universal Life, and one time pig rancher. It's central office is located in Minnewaukan, North Dakota--Telephone-1-800-FRE-MIUM. This missive is not to be construed as a recommendation to buy or sell ZNGA common stock, though if you had practiced due diligence, you would have dumped this rubbish long ago.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Oct 8, 2014 9:47 PM Flag

    A few words from the Federal Reserve can work short term wonders. However, this Soviet style centrally planned economy ends in disaster. Thus spoke Zngathustra.

    Sentiment: Strong Sell

  • Does inflation or deflation now hold the upper hand? The question is actually much more complex than it first appears, and perfectly intelligent people can take opposing viewpoints. The dramatic drop in oil prices should be no cause for celebration as it points in the direction of deflation. Europe has entered a downward deflationary spiral. American wages remain stagnant or in decline. Commodities by and large are in a downtrend. Rates of return on cash are negative. Employment growth is found in $10 per hour jobs. Phantom rotten debt still abounds in our financial system and it has been paved over with the suspension of mark to market accounting.

    On the other hand, the Federal Reserve has flooded the system with trillions of "free" printed money in an effort to stave of bankruptcy of major financial institutions, so where's the uptick in inflation? The only inflation I can find is in the price of equities. So what gives and when? I don't buy the stagflation argument.

    Summary: We have fireworks ahead. Perhaps all this quantitative easing has only forestalled the inevitable pain. We have much excitement ahead. Never forget freemium ZNGA is 100% dependent on discretionary income. The company offers nothing of actual utility and could be gone tomorrow, and few would notice the obituary other than the delusional longs.

    Sentiment: Strong Sell

ZNGA
2.43+0.14(+6.11%)Oct 21 4:00 PMEDT

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