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odonnellm66 433 posts  |  Last Activity: 11 hours ago Member since: Jan 17, 2012
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  • odonnellm66 odonnellm66 Jul 29, 2014 3:01 PM Flag

    My son is home from college, and he did assist me in deciphering the Bitcoin world, and now I grasp how I can link it directly to my bank account, just in case I'm lacking in beverages. By the way, thanks for the .25 Bitcoin. If nothing else, it causes me to learn a bit about this crypto currency. You might be onto something. In the event of a dollar crisis, which I anticipate, Bitcoin has the potential for a major moonshot. However, I inherently trust physical silver over electronic currencies.

  • odonnellm66 odonnellm66 Jul 29, 2014 2:49 PM Flag

    I believe Mark just purchased a Caterpillar dealership in Tel Aviv. Business is booming for bulldozers.

    Sentiment: Strong Sell

  • But where does this travesty end? OK, $1.99 it will be.

    Sentiment: Strong Sell

  • Here's my current dilemma. John Barleycorn has been whispering sweet little nothings in my ear all day long. "Mike, the bulldog has now succumbed to the death rattles. Why don't you dance on his grave with a 12 pack of America's finest, Pabst Blue Ribbon, and a few shots of tequila? You could even cue up that classic Elvis tune, Hound Dog, while you prance over his tombstone. You deserve this reward."

    You see, life is full of weighty decisions, and the wrong one could be fatal. I can only quote a couple lines from that blue tome which most definitely apply to the ZNGA longs and myself for vastly different reasons.

    The persistence of this illusion is astonishing. Many of us pursue it into the gates of insanity or death.
    --from How It Doesn't Work

    Sentiment: Strong Sell

  • They are a rather desperate delusional bunch.

    Beauty is truth, truth beauty---that is all
    Ye know on earth, and all ye need to know

    --John Keats, Ode on a Grecian Urn

    Sentiment: Strong Sell

  • Perhaps the bad news is already priced in the stock, but not really bad news. It will be exciting to watch after hours trading.

    Sentiment: Strong Sell

  • Mike: Is this the much dreaded ZNGA Kosher Nostra sell signal which you aptly predicted? This chart is getting outright nasty. Thanks for your prescient reading of this scam stock. Let us take a moment to discuss the really important things in life. Devils Lake has just turned over, and the Walleye fishing is excellent. That blond Scandinavian lass has also been inquiring on your whereabouts, and she is impatient upon your return. How about after ZNGA breaks through $2.50?
    Yours,
    F Scott O'Rothschild
    Vulture Capital Management
    PS: I just put $200 on the bill at your favorite dive bar, The 21 Club. We also cleared things up at the Asian massage parlor on Larkin Street, where you were apparently in arrears, no pun intended.

    Sentiment: Strong Sell

  • Reply to

    Fraud_bhatia:

    by bauherk Jul 29, 2014 10:51 AM
    odonnellm66 odonnellm66 Jul 29, 2014 11:27 AM Flag

    If you look at the names of those who sold $600 million of ZNGA stock at $13- via the scam secondary offering, this topic is actually quite pertinent.

    Sentiment: Strong Sell

  • Reply to

    Fraud_bhatia:

    by bauherk Jul 29, 2014 10:51 AM
    odonnellm66 odonnellm66 Jul 29, 2014 11:02 AM Flag

    More Zionist hyperbole. The Palestinians have been enslaved in that walled ghetto known as Gaza. There is a complete economic blockade from Tel Aviv from land, sea, and air. Water and electricity are severely rationed. You can't even bring building materials into Gaza. Israel's mission is to annihilate the Palestinians, and we are talking about actual war crimes. Gaza Score Update: Israel: 1110; Palestine: 53
    The kill ratio speaks for itself, and in Gaza, a huge number are women, children, and the elderly. A pox on the fascist state of Israel. The United States needs to cut off Israel's welfare checks right now. It will never happen. Our political process is beholden to the likes of AIPAC and Heb money.

    Sentiment: Strong Sell

  • Reply to

    Odonnellm66:

    by bauherk Jul 29, 2014 10:13 AM
    odonnellm66 odonnellm66 Jul 29, 2014 10:40 AM Flag

    My father thought along similar lines, and he was a great biotech investor, one of the very great ones. He did have a "minor" problem with the stock of his employer, Merrill Lynch, and he was sitting on piles of their paper before the 2008 crash. I suggested that he dump all Merrill at $40, as I sensed a coming crash, and the subsequent low was about $7-. Merrill would have gone completely bankrupt a la Lehman if not for the taxpayer and the shotgun marriage with BofA. My Dad's reaction was, "What the hell do you know?" Of course, my track record in other aspects of life was a bit shady--those jail stays, the drug bust in Japan, and what not. I was a problem child, an absolute rebel, and incorrigible The crash of 2008 took a great toll on my father, though he still had many millions. He was diagnosed with cancer in 2009, and is now dead. If you can draw no direct inferences between the charts of 1929 and 2014, let us revisit the issue come this November. The numbers will speak louder than idle opinions, which are a dime a dozen, especially on this format.
    Summary: "I'm a poet,and I know it, but I hope I don't blow it."

    Sentiment: Strong Sell

  • odonnellm66 by odonnellm66 Jul 29, 2014 10:17 AM Flag

    After weeks of seemingly endless tedium on horrid volume, stuck in the miasma of a Farmville bayou, ZNGA finally appears prepared to make the decisive move below $3-. There has been a valiant effort to keep the stock above this price, as it both psychologically and technically at critical support, but the battle was doomed from the start. Why do you think companies will market a product at 99 cents, and not one dollar? In the mysteries of the irrational human mind, 99 cents seems much cheaper than $1- even if the difference is a single cent. Conversely, a shareholder of ZNGA will feel much poorer at $2.99 versus $3.00. This is simply the way human psychology works.

    Summary: As predicted, lethargic ZNGA volume preceded price. The argument for a takeover of ZNGA is wearing a bit thin on volume alone, not to mention that it makes no strategic sense to pay a premium for a company which wallows in persistent losses. Nonetheless, there will be some "earth shattering" announcement forthcoming from the ZNGA Brain Trust during the lack of earning release. I suspect Wall Street will react with more selling, and we will witness a dramatic rise in volume and a hefty price correction. It won't be pretty.

    Sentiment: Strong Sell

  • Match the two charts month to month exactly over this six year period. Do you detect any interesting and frightening correlations?

    Summary: History does not repeat itself exactly, but it does rhyme. This historic (histrionic) move in the markets, unprecedented since the Roaring Twenties, is headed for one magnificent coup de grace. It will shake this country to its very knees. Watch for big action in September and October, though August might not be any picnic. ZNGA is already irrelevant while the market flies to new all time highs. This pathetic company won't survive what is coming, definitely not in its current form. Forewarned is forearmed. The rest of this summer should be used to dump stocks, especially those with zero earnings like ZNGA, TWTR, and AMZN. Dollar hedging is the order of the day. Short high yield bond funds as well. I am old enough to recall when they were called junk bonds. I also suggest a 20% core position in physical silver, preferably what is referred to in the business as pre 1965 junk silver. Take these words my son, and may they serve you well.

    Sentiment: Strong Sell

  • Reply to

    Fireball Whisky

    by sfjlegends Jul 28, 2014 7:35 PM
    odonnellm66 odonnellm66 Jul 28, 2014 9:24 PM Flag

    I just sent you a copy of the 20 questions from Alcoholics Anonymous. I am a qualified authority on this subject matter. By the way, I am currently dry for what I consider a lengthy period, though I have done this countless times before, only later to return to my intimate acquaintance with John Barleycorn. Be careful when he whispers in your ear, usually during moments of weakness. John will promise the world only to bring you down a few more pegs. For your homework assignment, I want you to focus on questions 7 and 19, both prime numbers.
    7. Do you turn to lower companions and an inferior environment (ZNGA message board) when drinking?
    19.Do you drink to build up your self-confidence?

    Report back to me tomorrow.

    Sentiment: Strong Sell

  • Here's a conversation I have taped from this morning between Dr. Don and Mr. Pinus.

    Dr. Don: Mark, this is your fifth call this morning. You're driving me nuts. I'm in the middle of a round of Candy Crush to decipher the competition. I've also just achieved level 7 with Kim Khardashian and she's now in bed with some black stallion. Imagine Kim K in Farmville wallowing in a pig sty. Can't you see I'm busy?
    Mr. Pinus: I'm just checking to see how the books are doing in the crock pot. Will they be ready by August 7?
    Dr.Don: We just poked the ledger sheet with a fork and it's not done.
    Mr. Pinus: Have you tried some dog meat tenderizer?
    Dr. Don: Yes, and to no avail. By the way, the CFO just resigned.
    Mr. Pinus: Not a problem. There's plenty more where he came from. Get a creative type.
    Dr. Don: Do you want him to use New Math?
    Mr.Pinus: Yes, by all means, so long as 2+2 does not equal four.
    Dr. Don: I just received a call from my pals at Microsoft. Their latest offer for ZNGA common is 99 cents.
    Mr.Pinus: Tell them we settle for nothing less than $1.49, and I keep the Tunnel of Love.
    Dr.Don: What about Boy Zuckie? Should I call him?
    Mr.Pinus: Absolutely not. I can't trust members of the tribe. There's no honor among thieves.
    Dr. Don: Sorry to cut you short Mark, but the massage therapist is now here. I'll get back to you after cocktail hour.
    Mr. Pinus: OK, at least you have your priorities straight. Call me later at the mansion.

    Sentiment: Strong Sell

  • Reply to

    Speaking of Trifectas, here is the perfect one.

    by odonnellm66 Jul 28, 2014 1:06 PM
    odonnellm66 odonnellm66 Jul 28, 2014 2:29 PM Flag

    The short answer is yes, especially in the midst of a broad based decline in the averages.

    Sentiment: Strong Sell

  • Or come join me. There will be a tear in your beer and you can wash it away with barley suds. Anemic volume says this is a lead zeppelin just waiting for any good excuse to crash earthward. We shall soon have that excuse.

    Sentiment: Strong Sell

  • Short ZNGA, AMZN, and TWTR.
    Twitter to announce zero earnings tomorrow. Watch out below.
    Amazon has a minimum of $100- of downside risk.
    ZNGA still has $1 billion of downside market cap risk.

    Conversely, just short SPY and go on vacation for three months.

    Sentiment: Strong Sell

  • Reply to

    Unfortunately, I gotta cover

    by philandjoelle Jul 28, 2014 8:57 AM
    odonnellm66 odonnellm66 Jul 28, 2014 11:05 AM Flag

    Patience my son. It's like that old Carpenters song--"We've Only Just Begun" You have just broken the Golden Rule of stock trading. Cut your losses quickly and let the profits run. There's a bare minimum of $100 of downside risk in Amazon. Yes, you might have to ride out a few dead cat bounces and wait to cover in late October, but patience will be rewarded with major gains.

    Sentiment: Strong Sell

  • Reply to

    Odonnellm66 is on a rampage this morning

    by foxhunt_55 Jul 28, 2014 10:24 AM
    odonnellm66 odonnellm66 Jul 28, 2014 10:43 AM Flag

    Don will shortly announce that he is tired of the ZNGA virtual world and the incessant meddling of Mark Pinus. His marriage is also on the rocks from all the stress of attempting to resurrect a dead dog. I believe he is about to embark on a spiritual journey under the guidance of the Dolly Llama. Don has seen the light. When will you?

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Jul 28, 2014 10:33 AM Flag

    Where's this bar located? It sounds like my kind of place. I could just lounge there, imbibing Pabst Blue Ribbon, stare at the ticker tape on MSNBC with the sound off, and play songs on the jute box while this stock market, and especially ZNGA, go straight to hell. It's a plus if the cute bartender will give me a lap dance.

    Sentiment: Strong Sell

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