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odonnellm66 344 posts  |  Last Activity: Nov 21, 2014 4:16 PM Member since: Jan 17, 2012
  • We are talking about quality companies with actual earnings. Since it was issued from the bowels of Mark Pincus, ZNGA has never even been able to list a P/E ratio since there have never been any earnings, not even once. When the decline comes next January, the hype garbage stocks built on foundations of sand will be obliterated as investors once again focus on current fundamentals, not vague promises. If quality companies decline by 15%, ZNGA will decline by 30%. ZNGA is essentially a leveraged short of the market. We will see $1.99 ZNGA. Patience Henrietta. Remember, geologic patience has paid off big time for any ZNGA short while the longs saw their capital dwindle away. ZNGA = Garbage in and garbage out

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Nov 19, 2014 10:49 AM Flag

    In terms of users or in terms of net revenue? That's a very important distinction.
    No matter the case, revenue still lags the cost of operations, and by a wide margin.
    It will do so as far as the eye can see.
    Layoffs are extremely negative publicity for a stock.
    That's the only reason the ax hasn't fallen already.
    ZNGA can still expend the capital from the fools who purchased between $10 and $15-.
    Until it is no more.

    Sentiment: Strong Sell

  • They are a hardware driven bunch, Mattrick's old forte, and socially dysfunctional, they spend many hours each day in their fantasy worlds. Were Elliot Rogers (he spent $thousands on games) yet alive, he would make for a most interesting interview in terms of what specifically attracts these folks. I believe his particular obsession was World of Warcraft. Suffice to say, hardcore gamers spend lots of money on their pet addictions which is why any gaming company actively seeks them out. However, the severe surface area limitations of a touchscreen phone, or even a tablet, will never satisfy their thirst for visual stimulation. You can make the same argument for porn addicts. Both groups require a large screen. ZNGA represents gaming for the masses, the McDonald's of social byte. Hardcore gamers are not interested in ZNGA's bland menu, and they never will be. ZNGA attracts the plebeians, 96% of which remain in freemium mode. The only revenue derived from freemium is advertising, and there are distinct limits to what the users will tolerate. ZNGA's business model is a complete and utter failure. Freemium explains why ZNGA will once again post losses at the end of next January. You still have the great sucking sound of 2000 highly compensated employees, and they will bleed this company dry.

    Sentiment: Strong Sell

  • A) ZNGA--average: 19 million; today: 11.1 million
    B) FB--average: 36 million; today: 20.7 million
    Here's the touchstone stock:
    C) SPY--average: 117 million; today: 76 million

    Summary: Buying has dropped off a cliff across the board. History says November and December remain relatively stable, but it is not written in stone. We are building toward a massive sell off in the averages, and unlike the early October rout, the market will not immediately rebound, and the agony will be prolonged. In any case, ZNGA is toast unless some fool purchases the company. Ain't going to happen.

    Sentiment: Strong Sell

  • odonnellm66 by odonnellm66 Nov 18, 2014 4:32 PM Flag

    My Yahoo ID was invaded by the much dreaded ZNGbola virus.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Nov 18, 2014 3:45 PM Flag

    My prose h#$%$s been ZNGA#$%$ by #$%$ virus em#$%$n#$%$ting from Don M#$%$ttrick's office.
    This is one more m#$%$jor sell sign#$%$l.
    Ab#$%$ndon ship!

    Sentiment: Strong Sell

  • It h#$%$s the highest predictive v#$%$lue in #$%$ discipline which norm#$%$lly #$%$bounds with #$%$ll kinds of hocus pocus. Observe tod#$%$y's #$%$bsolutely dre#$%$ry ZNGA volume, currently #$%$t #$%$ mere 8.4 million sh#$%$res. Cle#$%$rly, the big boys #$%$re not buyers of ZNGA common tod#$%$y, even #$%$t these "b#$%$rg#$%$in" prices. The recent ro#$%$dkill bounce is done. Finished. More import#$%$ntly, in terms of systemic m#$%$rket risk, the big boys #$%$ren't buying much of #$%$nything, #$%$s evinced by the SPY, tr#$%$ding, #$%$s of this moment, #$%$t less th#$%$n 50% of the d#$%$ily #$%$ver#$%$ge. Volume s#$%$ys momentum is building for #$%$ huge sell off in stocks, #$%$nd when the f#$%$t l#$%$dy sque#$%$ls like #$%$ f#$%$t pig, ZNGA's decline will be gre#$%$ter in percent#$%$ge terms by #$%$ f#$%$ctor of three over th#$%$t of the #$%$ver#$%$ges. This m#$%$y not occur until J#$%$nu#$%$ry, but th#$%$t is only weeks #$%$w#$%$y. Sm#$%$rt money either sits on the sidelines or is selling.

    T#$%$ke this brother, #$%$nd m#$%$y it serve you well. "When the music's over, turn out the lights."

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Nov 18, 2014 1:40 PM Flag

    Tony Robbins, a complete and utter phony, always gives me the creeps. He needs a good beetch slap.
    And a severe caning on his raw behind, Singapore style.
    Beware when a self-anointed expert (myself included) has all the answers in a three minute sound bite.
    Watch how they walk in life, not what they say.
    Always observe their attachment and love of money.
    Honey, life ain't that simple as the false gurus would have you believe.
    Either is the stock market, which is why it is an interesting diversion.

    Sentiment: Strong Sell

  • odonnellm66 by odonnellm66 Nov 18, 2014 1:29 PM Flag

    Numbers, and probability specifically, have always interested me. Here's your question.
    Please express $600,000,000, the amount raked in by the ZNGA insiders in the scam secondary offering, as a percentage of ZNGA's current market cap, which is an absurd $2.45 billion.
    Wow, you quickly see it is a very big number, and only to grow once ZNGA breaks below $2-.

    Summary: Juries understand basic math also. Pincus will stall the litigation process which does not work to his advantage in the least as the ZNGA death spiral takes the price ever lower. A smart lawyer would recommend that he and his pals settle out of court in short order before there is further carnage in the price of the common stock. With time, his defense only weakens.

    Sentiment: Strong Sell

  • JR, when he is not providing Jungian therapy for troubled souls like myself, is also known to dabble in scam pink sheet stocks. During yesterday's session this was his counsel. "Mike, when ZNGA breaks below two hundred pennies, you will finally grasp the true meaning of life. Your spiritual emptiness will be erased and we can then adjust your Xanax dosage, lower the voltage settings of electro shock, and ultimately you will be free of your Pabst Blue Ribbon habit." Yes, free at last. I think JR is steering me on the proper path. I welcome all the delusional longs on this board to join me on the Peace Train.

    Sentiment: Strong Sell

  • It has a potential annual worth of $57,000,000 with base guarantees. By the way, this is purely shareholder money especially since there is no organic revenue growth within the confines of the ZNGA Brain Trust. This is a curious situation since before Don was fired from Microsoft, he was always a console guy with no particular expertise in mobile, clearly ZNGA's new path. Don knows hardware, not touchscreens. There are any number of executives with more knowledge of mobile platforms than Don Mattrick. Here's what Mattrick is really being paid for. It is the connections he has built up over the years in the gaming industry. It is not his vision, leadership, or supposed creativity. The idea, and it's a far fetched notion, is to off load this pathetic company at a substantial premium into the hands of someone bigger. Don has the credentials as a salesman, his primary mission. Here's the big problem. After Mattrick's selection as the new CEO, ZNGA continues to flounder more than 21 months later, and any potential sale price must therefore be heavily discounted since a viable profit model is non-existent. Don baby, you have your work cut out for you.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Nov 18, 2014 12:05 PM Flag

    No, I am not party to the lawsuit, since I have remained short since $14.19, but the litigation has real teeth. It won't require an enlightened jury to see the truth quickly, as it is really a very simple case. Pincus and pals will fight furiously (and spend big $$ on lawyers) to keep this from going to trial.

    Sentiment: Strong Sell

  • Hazard a guess. If you delve into the New Math of their quarterly report, highly suspect accounting, it is at least $750,000 per day. The cost of operations exceeds dwindling revenue by a wide margin and Don Mattrick's obscene employment package doesn't help matters in the least. Pincus' attitude, while he yet remains under the gun of litigation, is most likely, "Let the cards fall where they will as I already took a draw on this company of a cool $200,000,000." Will ZNGA post a profit at the end of January? No, it will not. It has never posted a profit since the sham IPO. It is a lost cause. Don will eventually fly away in his private jet. Pincus will sell his mansion in Pacific Heights for a substantial profit. Where will you go?

    Sentiment: Strong Sell

  • It will be a January defect. Here's essentially what the ZNGA longs have to look forward to. ZNGA, ever consistent, will come out with more losses for the fourth quarter at the end of January. Don Mattrick, if he is still at the helm of this ship of fools, will again say, "ZNGA remains a work in progress. Prosperity is just around the corner at 6'th and Market Street in that dark ally which reeks wino urine."
    Here's a philosophical question. Which comes first?
    A) Faith
    B) Hope
    C) Delusion

    Sentiment: Strong Sell

  • My boss, F. Scott O'Rothschild, provides a monthly stipend sufficient to cover my dirty little habits (smoking, drinking, and Asian health spas), which most definitely does not include Farmville, Version 2. I am an aged trust fund baby born with a golden spoon in my mouth, so my general living expenses are already covered by the family largesse, also doled out on a monthly basis because their lawyer, Mr. Jaggers, doesn't trust my spending ways. I am now a seeker of truth while the rest of you drool over caviar wet dreams in a constant state of erectile dysfunction. Yes, ZNGA will launch a major hit in virtual La La Land any day now, and save you and the company from financial ruin. Perhaps it will be "Nicki Minaj's Ghetto World in Jamaica, Queens," where the player attempts to score some quality smoke without being robbed by the local goons. We can be reassured that the 2000 highly compensated bodies at the ZNGA Brain Trust will eventually come up with something catchy. We've been waiting several years now while ZNGA posts ever consistent losses.

    Summary: This latest ZNGA roadkill bounce, just more rattle an hum from the big boys, is done. As always, volume preceded price. We will break below $2.50 once again. The next big decline in the major averages comes in January of next year. Unlike the minor bout of indisgestion we saw in early October, the market doesn't come back this time.

    Sentiment: Strong Sell

  • Admittedly, we are entering the seasonal doldrums of trading activity, but SPY volume is falling off the charts, currently at an extremely lethargic 51 million shares. This should be read as a warning sign. We can anticipate no January effect, but rather a January defect. Curiously, the touchstone stock and the little darling of the Street, Facebook, is also breaking down. Social byte will lead this market down, and few companies in any sector will escape unscathed. Complacency still reigns supreme with extreme levels of margin debt. Smart traders always sell too early, a wise option at this moment, as we have heavy sailing ahead. The decline in oil prices and the strong dollar are both extremely deceptive and nothing to celebrate. When deflation hits stock prices in the coming months, the blood will flow thick and heavy. Just as in 2008, the pundits will say,"No one could have possibly anticipated thee events." Keep in mind that the S&P 500 has more than tripled from that rather auspicious number of 666. All we require is a single catalyst for the selling to begin, and it matters not the specific event. China/Russia/ The Mideast. Pick your poison.

    Sentiment: Strong Sell

  • Is it any great wonder that this fourth branch of government gave their stamp of approval to the fraud? It only demonstrates that there is no honor among thieves. By the way, I would not casually dismiss the rebirth of this lawsuit. If it ever goes to a jury, they will have a field day. Here's the only defense the plaintiffs have: "We dumped $600 million of ZNGA paper at $12- when no one else could sell, but we could have sold more." You don't need a gun to rob on Wall Street. Who will pay the hefty attorney fees for Pincus and brothers?

    Sentiment: Strong Sell

  • Study the November volume chart carefully. The push and shove occurred on November 7 with no fundamental news on the stock other than an opinion from some minor bit player. The volume high occurred on that day, and curiously there was no subsequent follow through on volume, which is a big warning sign. Post November 7, there was an orderly transfer of the stock from the big boys into the hands of the message board sheep on ever lower volume. Yes, volume does precede price, and this explains why we are well off the roadkill bounce high of $2.81. Keep in mind that ZNGA has achieved the infamy of penny stock status and it is always easiest to push on a string in the pink sheet zone because relatively small amounts of capital are required. It is nearly impossible to attempt a similar ruse with a high cap stock. ZNGA longs, you may keep humming that classic Etta James tune, "At Last." Beware of when you are screaming, "Alas!"

    Sentiment: Strong Sell

  • Casual players, the vast majority, remain in freemium mode and do not fork over their credit card numbers, and wisely so. Only the bona fide full blown addicts, the dope fiends of the social byte world, upgrade or purchase virtual goods. Mattrick and Pincus clearly grasp that they must increase users who acutely suffer from obsessive compulsive disorders if there is the slightest chance this company will ever post a profit. However, this small subclass of players is a fickle bunch with no particular loyalties, and competition ramps ever higher with infantile pursuits from smaller outfits with none of ZNGA's bloated overhead. One day it is Candy Crush, and the next an odd fixation on Kim Khardashian's fat bottom. The true gaming addicts also come from a class low on the economic totem pole. This is a key concern because ZNGA is 100% dependent on discretionary income, and since most gaming addicts waste so much time on the touch screens, they live paycheck to paycheck. Their pet obsession can and will be trimmed of economic necessity. Wealthy people do not waste time in Farmville, which at least partly explains why they are wealthy. It is also worth noting that eating out in restaurants is down 30% in the last year. This tells me discretionary income is under huge pressure as we become a nation of haves and have nots.

    Summary: The freemium business model is a complete and utter failure. ZNGA's revenue will lag cost of operations as far as the eye can see. ZNGA is a nonprofit organization except for a few of the fortunate insiders.

    Sentiment: Strong Sell

  • ....do you think it is perhaps likely that our very own Federal Reserve is active in times of turmoil in our futures market, and actively attempts to suppress the price of the precious metals? I just love a good conspiracy theory.
    You reply, "The Federal Reserve charter does not allow these type of activities." Oh really.

    Sentiment: Strong Sell

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