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Zynga, Inc. Message Board

odonnellm66 223 posts  |  Last Activity: 59 minutes ago Member since: Jan 17, 2012
  • Reply to

    Profits won't be long term

    by preneewright 1 hour 22 minutes ago
    odonnellm66 odonnellm66 59 minutes ago Flag

    Better yet, why not obsess on a most fascinating game like backgammon, or for the more adventuresome, go or chess? Backgammon should be of particular interest to stock traders because it hones your skills in numeric probability, indispensable knowledge for a stock trader. Don't forget poker as well. I consider the tainted hedge fund manager Stevie Cohen a highly questionable character, but he is said to be a master poker player. If you can't play poker, you ought not to speculate in ZNGA common stock.

    Sentiment: Strong Sell

  • Of late, the sellers seem to agree with my perception of this junk stock, and I have an absolute aversion for crowd mentalities. Can the folks on this message board please help me out and do a little push and shove on ZNGA common? I have a call into the Kosher Nostra, but they are too busy drooling over TWTR and FB.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 1 hour 52 minutes ago Flag

    That's a very critical and key observation. Since FB carries an absurd $266 billion market capitalization, it very much holds the power the crash the Nasdaq in the unforeseen event of a little unpleasant surprise. Since FB now represents the New Age Economy (our traditional manufacturing sector was long ago exported to China and Mexico), the carnage easily spreads to the DOW and the S&P. It's a bit insane that one stock wields such influence but we now live in a touchscreen universe where serious reading and intelligent conversation are dead concepts. Is anyone here old enough to recall when General Motors, IBM, and Polaroid were the bellwether stocks? How about slide rules? You can't stop progress.

    Sentiment: Strong Sell

  • Mike: Thanks for your incessant banter on the message board. You are the master cynic and your skills at sowing dissension, doubt, and fear are becoming the stuff of legend. Now that this junk stock has decisively broken key technical and psychological support at $2.50, the vultures can soon embark on a feeding frenzy as we wildly anticipate Mark Pincus' Toastmaster sell signal on August 6. Don't they teach public speaking skills at Harvard? It's actually better if the maestro says nothing and just lets the horrible numbers speak for themselves. He could also issue a short press release. "500 ZNGA techies are to be applying for positions at Wall Mart." Mike, you are a spiritual visionary, a true profit of gloom and doom. We only now grasp the concept of Karma Yoga. Hell, after the total collapse of the ZNGA Brain Trust, we may even attend Catholic mass once again. The Lord is my shepherd, and I shall not want ZNGA. Now, what's your view of Farcebook? That's at least a $30 to $50 billion dollar question. By the way, the Twitter reversal was nothing less than astounding, and all those after hours baggies are now on suicide alert. Mike, where there is blood, there's bound to be vultures. Yes, we just shorted additional blocks of ZNGA common. We request a minimum of 10 posts per day on the ZNGA message board. Any quote from Shakespeare should thoroughly confuse the sheep. That's exactly what we are after. Utter obfuscation.
    Yours,
    F.Scott O'Rothschild
    Vulture Capital Management

    Sentiment: Strong Sell

  • Perception now shifts in a heartbeat at the grand casino, and dramatically so. What was a valid argument 20 minutes ago, no longer applies. These huge shifts in market perception are signs of topping in the indexes. TWTR was initially up 11% after hours, and now it is down 11%. Apparently, some semblance of risk perspective began to settle in after the sheep madly tossed money at the TWIT.
    Again, I reiterate that there is zero room for error with FB earnings after the close tomorrow. I won't hazard a guess which way it goes, but if there is any unpleasant surprise, a $260 billion market cap can easily cause the Nasdaq to crash and burn. I will hazard a guess with ZNGA on August 6: More losses and more empty promises.

    Sentiment: Strong Sell

  • The churning action, an exit ploy by big holders, was resolved to the downside as predicted, and we closed at the low of the day. This was on two times the daily average volume. This stock is chronically ill, as has been the case since $15-. You need to be most concerned when more than 50 million shares attempt to cross the tape in a single session. That comes soon enough. Meanwhile, tune into TWTR right now and FB tomorrow.

    Sentiment: Strong Sell

  • And that absolute buffoon, Donald Trump.
    Please explain where the Federal Reserve charter states that this fraud of an institution must use the stock indexes as an official policy tool. It's absolutely clear that the Fed pushes and shoves on the market via purchases in the futures market. I thought the Fed domain was to be found in money supply and interest rates. This entire charade--a ponzi scheme--ends in utter disaster. You best pray free price discovery never returns to our markets. And the band plays on. Until it doesn't. We are getting very close to a huge chasm, a very dark hole. It occurs before this calendar year is up.

    Sentiment: Strong Sell

  • May I ask why the stock indexes have become an official Fed policy tool with direct intervention, generally accomplished through purchases in the futures markets? This distortion, blatant manipulation really, ends in utter disaster because over the long haul, we will see true supply and demand curves rule the day, and it is coming much sooner than most think.
    Today's very strong ZNGA volume is also highly suspect. The chosen few have been granted free get out of jail cards and they quietly exit the back door of this garbage stock with a stable price. Watch for ZNGA to sell off into today's close once the syndicate is finished.

    Sentiment: Strong Sell

  • Reply to

    EA BUYING ZNGA

    by rothschild_eric 23 hours ago
    odonnellm66 odonnellm66 23 hours ago Flag

    I have some excellent California dope for you from Trinity County. We call it Green Crack. Inhale deeply. Hold it. Now exhale. Repeat after me: "ZNGA is a blue chip growth stock with zero earnings."

    Sentiment: Strong Sell

  • So what the hell is going on here? I never like to see churning action in a stock on strong volume. I consider it a technical negative and generally resolved to the downside. Churning allows big players to escape with relative price stability. This all begins to smell like rancid butter.

    Sentiment: Strong Sell

  • It looks like we will see above 25 million shares cross the tape before the end of the day. Here's a very key consideration. Any single player who owns large blocks of ZNGA cannot unload all at once since this penny stock trades so thinly. Actually, he can, but the market cannot absorb the shares without a huge drop on the bid side, and again, this all goes back to ZNGA's horrible liquidity, which is its ultimate undoing. A big holder must attempt to liquidate shares in an orderly manner and this works fine in theory, but only up to a certain point, because people like myself carefully watch volume. If you suddenly see a volume burst and a rapid price spike down (or conversely up), this would indicate that the numbers are being leaked to just the right people. You reply, "That's illegal and patently unfair to retail." Honey, welcome to the real world, and the ZNGA Brain Trust hasn't exactly established a tradition of ethics and integrity in its rather brief sordid history.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Jul 28, 2015 11:49 AM Flag

    But why can't ZNGA list a P/E ratio?
    Honey, there ain't no earnings.
    Only losses.

    Sentiment: Strong Sell

  • The powers that be will fight tooth and nail to keep this from falling below $2.50. Will they be successful over the long haul? No, they won't. $2- ZNGA is very much in the cards. Depending on cash erosion, it could get even worse.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Jul 28, 2015 11:30 AM Flag

    I have no idea which way FB goes, but the price movement will be huge in either direction. Purely on a gut level, I want to hold puts, but again, I have been dead wrong on Boy Zuckie. I never got in front of his freight train, and thankfully so.

    Sentiment: Strong Sell

  • Why yes Dorothy, it very well could, and you need only look at the hefty weight FB exerts with an astounding market cap of $263 billion. This is a very risky game, and there is zero room for any FB disappointment. Expectations are at euphoric levels. It is also quite interesting that FB came within pennies of $100- but was unable to surpass that magical figure, and is now down 6%. I would have thought that FB would decisively break $100- pre-earnings. After all, FB is the future of America and the entire globe. Here's the bottom line. Should FB sell off, it takes all of social byte with it, which of course includes ZNGA. FB at least has some token earnings, and ZNGA does not. The decline wold hammer the Nasdaq and the carnage would even spread to the DOW. How odd that a company which doesn't even make anything could yield such power, but indeed, this is the modern age, and we all know that books and serious reading, let alone intelligent conversation, are dead concepts in a touchscreen universe. I suspect there will be some very rich FB options players (gamblers) come this Friday. Roll the dice Baby!
    Full Disclosure: I have never held any FB position, but I have been dead wrong on the stock. I never cared for it even below $50-.

    Sentiment: Strong Sell

  • $2.50 is critical in a psychological and a technical sense. The $2.50 strike price is also the most actively traded options contract, and the boys in the options pits always love when a stock closes on any expiration Friday at or near the strike price. The fundamental problem is that we should anticipate extreme volatility in the averages, and markets sometimes take on lives of their own, and that's with or without a Fed pump. It all promises to be very exciting. As summer draws to a close, we find ourselves in very dangerous territory. A perfect storm is brewing. Perhaps we survive the dog days of August, but we are entering the much dreaded crash zone this fall. Smart conservative money should just short the SPY now, turn the computer off, go Salmon fishing in Alaska, and return in late November. The more adventuresome should short FB and AMZN. FB of course posts earnings tomorrow, and that will be fascinating to watch. One more central theme: Short junk bonds via HYG. Over the long haul, $2.50 ZNGA doesn't hold. You best pray that $2- ZNGA holds.

    Sentiment: Strong Sell

  • How would a legitimate technician view this type of price action? Of late, ZNGA can't seem to buy a green day. As a true contrarian, I would actually prefer to see some push and shove to the upside before earnings. The expectations are so incredibly low for this stock that it could possibly rally if the company is able to post just a very modest loss or break near even. I seldom feel comfortable if the herd agrees with me, and while this board has an extreme positive bias, the funds are selling. I still maintain that ZNGA's fixed cost of operations remain wildly out of control and bloated. It still loses money on each and every game produced. This can only mean that more layoffs are pending.
    In other news of the day, the Chinese stock rout continues. It all begins to resemble 1929. Such a crash could never happen to our averages. Of course not. The Federal Reserve will save us.

    Sentiment: Strong Sell

  • 1. A steady orderly decline in the averages. July 16 high in the DJIA: 18120 Today: 17440
    We are getting very close to a 1000 point decline in just over two weeks.
    2. Commodities across the board sell off, with oil the primary culprit. Deflation is the central theme.
    3. Spreads dramatically widen between junk bonds and Treasuries. Puerto Rican debt cannot be used as any form of collateral.
    4. Junk bond defaults increase at a rapid clip starting with anything related to oil.
    5. Sellers of junk bonds are shocked to discover the limited liquidity. Decent bids are not to be found.
    6. China is unable to contain its stock market bubble putting additional pressure on all commodities.
    7. The major oils, the likes of Exxon, post horrible numbers.
    8. Selling pressure accelerates in the broad averages with a 1000 DOW point down session.
    9. Margin calls roll in adding additional selling pressure.
    10. Futures are lock limit down. There's a sudden cascade of selling.
    11. Complex derivitives and swaps begin to unwind. Money center banks are in huge trouble.
    12. Obama goes on television in a vain attempt to calm the markets.
    13. Selling continues fast and furious as fear supplants greed.
    14. Some major hedge firms declare a negative net worth and bankruptcy.
    15. The SEC shuts the exchanges down for three days as a "cooling off" period.
    16. The Greek solution turns out to be no solution at all. They still exit the Euro.
    17. Social unrest erupts in China with a Tiannamen style reaction.
    18. Markets reopen to more heavy selling.
    19. People pray for a final bottom, which remains elusive.

    Summary: Do you really want to hold a junk stock like ZNGA in this environment?

    Sentiment: Strong Sell

  • $100 FB seemed a virtual given just days ago and we witnessed an absolute feeding frenzy by both retail and the professionals. I suggest that the $99.24 top is now in place, and FB is highly susceptible to bouts of selling as the wild euphoria begins to wear thin. There is now zero room for miscalculation in the coming earnings report, and if there is any slight disappointment, this stock gets taken to the woodshed. The one thing FB has going for it is excellent liquidity, but this is a sword which can cut in numerous directions. If the broad averages remain under pressure, and I believe they will be, sellers liquidate stocks where they can find a decent bid. There will be a decent bid side for FB, and this will not be the case by any means for some of the bit players (ZNGA anyone?). In other words, big players will dump stocks where somewhat of an orderly market exists. This leaves FB open to selling. I also like to short stocks where the decline is already well underway as a risk management tool. This quick 5% haircut appears to be an excellent entry point.

    Sentiment: Strong Sell

  • The public has bought into the junk bond sector hook, line, and sinker with almost zero regard to risk of principal, and this is all highly reminiscent of the subprime crisis. The older generation has an especially high exposure to this dubious paper, as they need to generate current income to support their lifestyles, and sustainable income is clearly not found in the Treasury market. High yield is the ZNGA of the bond market and the yield spread between junk and Treasuries has been accelerating at a rapid clip. You ought to find this trend highly disturbing as it all suggests very strong forces of deflation at work. Again, deflation ravages junk paper and junk stocks like ZNGA. The junk bond market is the canary in the coal mine and it is now screaming sell. More than 10% of the junk bond market consists of oil related debt, and there will be a large number of defaults in this area, tripping a domino effect. I suggest that problems first occur in the bond market, and transfer directly to equities. If Yellin raises the interest rate even a token 0.25%, junk bond defaults will soar because of leverage. It gets very ugly no matter what. Does this discussion have anything to do with a silly game maker which doesn't earn a dime? You're damn right it does.
    Read today's article in Business Insider: A fire is starting in the bond market.

    Sentiment: Strong Sell

ZNGA
2.505+0.025(+1.01%)1:17 PMEDT