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odonnellm66 320 posts  |  Last Activity: 4 hours ago Member since: Jan 17, 2012
  • odonnellm66 odonnellm66 Mar 18, 2015 12:26 PM Flag

    At heart, I am a realist, and this market has been taken to extreme excess by policies of the Federal Reserve, and the feeding orgy ends in disaster. I wish none of what is coming for the sake of my 20 year old son's generation, and they most certainly are looking at a substantial decline in the standard of living. Just take a look at current levels of student loan debt. It's disturbing to say the least, and much of this debt, greater than all credit card debt combined, cannot be repaid.
    In terms of dark visions and depression, I simply make regular visits to China Girl, and my mental balance is miraculously restored. I'm off the sauce also. I suppose there are more than a few St. Patrick's Day hangovers today. That's one more amateur night I did not participate in. I'm a survivor no matter what, as my living requirements are quite modest. I can also easily make it in the Third World, a place I've lived before, and it continues to fascinate me.

    By the way, how did your last electro shock therapy session go?

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Mar 18, 2015 12:05 PM Flag

    Will ZNGA post a profit in the next earnings release? No, it won't. Meanwhile, the major averages are poised to roll over, and when that occurs, there will be no patience for vague promises of prosperity at some unknown point in the future. Furthermore, ZNGA has extremely poor liquidity, so if any of the big boys decide to unload their positions--any session with 100 million shares changing hands--there will be a very nasty price correction, and ZNGA can even trade below the value of its fundamental assets, which is pretty much the remaining cash, the building, and a pittance for the acquisitions like Unnatural Motion. I'd be a buyer when that occurs as a short term trade.

    In closing, I would add that even a mild token rise in interest rates is not by any means already priced into the market. Such an increase, minuscule though it be, will cause a dynamic shift in market psychology. The dollar will soar further strangling our export sector. The market sells off in a violent manner.

    Sentiment: Strong Sell

  • Why yes Dorothy, it sometimes does, so long as you have done your homework. In fact, these are very often high probability trades, as the primary trend is already clearly defined. Here's an excellent case in point. Wynn Resorts (WYNN) has already declined from $236- to $121- over the last year. OK, you missed that huge decline and there's no point musing over what could have been. However, the primary trend is now in place, clearly defined, and there remains plenty of downside action to come, quite possibly below $50-. Your homework assignment would be to read up on the Beijing crackdown in Macau, quite a fascinating tale in of itself. Next, study the Zionist domination (yes, the Kosher Nostra) of the Macau casinos, with Wynn and Adelson as the central players. Understand the Chinese cultural propensity toward a roll of the dice, and the destructive effects this can have on the fabric of a society. Finally, carefully study the kind of debts levels and service required for WYNN. Then you realize WYNN remains an excellent short candidate. By the way, WYNN is down another 3% in today's session. You can apply this line of thought to ZNGA as well, though debt is not ZNGA's issue. ZNGA's dilemma is a failed business model, bloated overhead, and a complete lack of meaningful product.

    Sentiment: Strong Sell

  • They could do no worse than that other carpetbagger, the $50 Million Dollar Man, Dr. Don.
    Yes, I say rainbow diversity all the way at the ZNGA Brain Trust.
    By the way, this former altar boy has no problems with gay marriage.
    No, I was never molested by a priest, but it certainly happened to others.
    The Catholic church has been burying their dirty little secrets for decades.
    Hell, whatever gets you through the night.
    That's my motto.
    But remember the Hippocratic Oath
    "First do no harm."
    How much harm has been inflicted on ZNGA shareholders?
    And more to come.

    Sentiment: Strong Sell

  • The carnage since the beginning of March has been horrific, from $19.00 to $15.67 in a period of days, and we will break $40- oil. A break of $30- also appears increasingly likely. The clear theme here is deflation especially when one observes dollar strength, which will only be exacerbated by any token rise in interest rates. It is but a question of time before junk bonds begin to falter.
    I suggest to you that these inane and mindless computer games, drugs for the masses, will trade just like commodities. The market is being flooded with them--a man has only so many hours in a day to waste--so classic supply and demand curves come to bear. This spells big problems for ZNGA, a company which can't even come up with something as creative as Kim Khardashian's fat rear end.
    Summary of favorite shorts:
    1. Junk bond Market (HYG)
    2. Homebuilders (KBH, earnings out this Friday, potentially dangerous because of high short interest)
    3. Remain short the Euro (pretty obvious trade)
    4. Remain short ZNGA to $1.99 or lower

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Mar 17, 2015 3:49 PM Flag

    Many of my favorite songs are quite repetitive in their lyrics. The bible uses the same words/ phrases endlessly, and remains a very interesting read.
    But yes, I am a broken record. However, I must always keep in mind my audience on this message board, and they are a rather thick skulled bunch, unteachable Neanderthals, and that's even after they wasted much money chasing this garbage stock. Hence, repetition is the order of the day.

    Sentiment: Strong Sell

  • As is generally the case with these pumps, strong volume is entirely missing, so it likely will prove quite ephemeral. Also observe how ZNGA flat lined numerous times during today's session, which strongly hints at computer trade programs, not actual and real demand for the shares. In other words, this is one more temporal smoke screen designed to draw in the sheep. It will fall flat on its face by Friday's close, so make sure you can push the sell button in rapid order. The only way to make a dime from a ZNGA roadkill bounce is to sell too early, always seeking the midrange points, never tops or bottoms.

    In terms of full disclosure: I am highly compensated by Vulture Capital Management in Minnewaukan, North Dakota to post incessantly on the ZNGA message board. I hope to get a transfer to the Herbalife board once ZNGA breaks below $1.99. Frankly, I'm a bit tired of this place. Same song/ different day. I don't think my finer poetic qualities are adequately appreciated by the ZNGA sheep. If only I had been a better guitar player, I wouldn't have to waste my life here. A man does what he has to, and let me remind you that China Girl is a high maintenance concubine. This ZNGA crash and burn can't come fast enough so I can get back to completing my epic novel.

    Sentiment: Strong Sell

  • You had to have been around this board for a while, but those were the good old days. Hell, ZNGA was a $12- stock back then. When was the last time anyone seriously posted anything here pertaining to real money gambling, which in the final analysis, is ZNGA's only potential savior? What about the BWIN partnership? Not a peep. At the height of the insanity, it was even absurdly suggested that ZNGA would purchase an Atlantic City casino, now a ghost town, as an entryway into the world of gambling. The moral of this hot air story is that human perceptions can shift on a dime, and if the stock market is about one thing, it is about the perception of value. Hence, perception and reality must eventually meet, and in ZNGA's case, it has not been a pretty story. We are now back in freemium mode, a rather stark reality, and another failed concept. By the way, take a look at the one year chart of Steve Wynn's company (WYNN). Ouch! The stock has been decimated, with more pain to come. There may be an intrinsic connection between Chinese culture and a roll of the dice, but Beijing authorities are very serious about their crackdown in Macau, and the Zionists (Wynn and Adelson) are at the very heart of the triad. ZNGA: A tale told by an idiot, full of sound and fury, signifying nothing.

    Sentiment: Strong Sell

  • He's been suffering from a limp putter since crashing his Cadillac Escalade while attempting to escape the wrath of his Swedish wife. This much explains why he withdrew from the PGA for the season. It increasingly appears he might never attain the record of Jack Nicklaus, which was assumed as a virtual given at one time. As a part of his ongoing therapy, he must make daily visits to Denny's and attempt to make time with the waitresses. He has met with zero success thus far. It is also reported that on his last golf outing, he screamed not "Fore!" on the course, but rather "Foreskin!" and if that is any sign of progress, he probably remains in deep trouble. Do the delusional ZNGA longs seriously believe Tiger Woods can save this pathetic company? I think not. However, ZNGA is up 5 cents today on absolutely horrible volume (Hal generated), so hope can still spring eternal. I just shorted additional shares at $2.61.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Mar 17, 2015 11:24 AM Flag

    I can't deal with the complexities of your system, though the notion of short term hedging makes perfect sense in a market with this high level of volatility. I must keep things very simple. Focus on your major theme and just wait it out with prudent and firm stop losses in place, in the event the tables turn against you. If that has never happened, you have not much experience in this pursuit. Patience has worked remarkably well with the ongoing ZNGA death spiral, and 30% downside risk remains even at this so-called bargain price level. I also remind you that I don't know any wealthy day traders, and more than a few of them should attend Gamblers Anonymous meetings.

    Lastly, it should be noted that a huge percentage of NYSE and Nasdaq volume is computer generated, on the order of 60% or more of total volume. There comes a day when these programs run amok and exacerbate the selling. Hal will say, "I'm sorry Dave, I can't do that." It will be very exciting. That is a certainty.

    Sentiment: Strong Sell

  • The reasoning is quite simple: Triple Witching Friday on the 20'th. Short term, the options pit is the tail which wags the dog, and huge bets have been placed. In this context, free price discovery is but a pipe dream, as it doesn't really exist. You reply, "Then the markets are rigged over the short haul." Yes honey, they are. Welcome to the real world. The most pertinent strike price for ZNGA is clearly $2.50, and if we get a Friday close near that price, then we can all write about grand conspiracy theories. At a $2.50 Friday close, a large number of ZNGA options, both puts and calls, will expire worthless, and premiums go into the pocket of guess who? It all depends on how the options boys need to balance their books. Watch for a volatile Friday.

    Sentiment: Strong Sell

  • There's all kinds of day to day volatility, one day up, the next down, which very much benefits our fourth branch of government, Goldman Sachs, but we are essentially going nowhere. Take a close look at a 90 day chart of DJIA or the SPY. Despite all the hoopla, we are basically in the same place where we closed the year of 2014. I don't like this kind of action. We are building toward some type of major crescendo, and it won't be pretty. I'm gong to watch for volume to begin drying up in the SPY, a big warning sign. There comes a day, and in this year, when heavy bouts of selling occur, and buyers do not magically reappear on the scene. The Federal Reserve can no longer save this market. The seeds of disaster have already been sown by that private Zionist controlled bank. Mierda like ZNGA will be vaporized.

    Sentiment: Strong Sell

  • Not you. Not me. However, an astute trader can begin to read the handwriting on the wall. I watch the price of oil very carefully. Observe the very strong roadkill bounce which began in late January in the largest oil ETF, symbol USO. As we now approach $40- oil, all those gains have now been given back, and the trend remains down, and down substantially. Before you celebrate cheap gasoline at the pump, first consider that those very same deflationary forces will exert themselves on our equity markets this year, and it will be a virtual bloodbath. You should also carefully monitor the high yield bond market, stable for the moment, but deflation devastates and lquidates junk debt, and in the perennial search for yield there is no proper risk perspective in this sector. 10% of the junk bond market consists of oil drillers, and there will be defaults which trigger a landslide in the high yield bond market as a whole. HYG, the largest junk bond ETF, merits close attention. In line with the deflationary thesis, homebuilders, KBH in particular (which post earnings this week) should be shorted.

    Summary: We have very heavy weather ahead. Don't concern yourself with precise timing. Short the proper sectors, and sit patiently. A very conservative position is to simply short the SPY. Stake your claims, turn the computer off, and perhaps make an extended cat house tour of Southeast Asian backwaters. In this environment, ZNGA and its asinine games are entirely irrelevant, but that outfit will also be severely punished, as there are zero earnings. Patience is the order of the day. Thus spoke Zngathustra.

    Sentiment: Strong Sell

  • "The Truth Contest"
    Yes Brothers and Sisters in Canine, things don't look so good.
    Repent now for all former sins.
    God will forgive that you ever entered this temple of the fallen ones.
    But you must first liquidate all ZNGA shares at tomorrow's open.
    Lord have mercy on your heathen souls.
    You were looking for money in all the wrong places.

    Sentiment: Strong Sell

  • KB Homes (KBH) will post earnings on March 20, and you can expect volatility. It is another garbage stock in my book, as are their homes. ZNGA is going nowhere in a hurry, just dead money for the moment, so for the traders who require action, you could short KBH, cover after earnings, and rotate back into a short of the dog until the ZNGA death spiral resumes, which will take this rubbish back below critical support at $2.50.

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Mar 16, 2015 12:12 PM Flag

    Who was pushing very hard in conjunction with the Washington Zionist Neocons (Pearle/Wolfowitz) for our disastrous invasion of Iraq? Of course, it was the fascist Likud Party. Netanyahu even had the audacity to state that the 9-11 bombing was a good thing, at least from the perspective of Tel Aviv. It is often forgotten that there is a moderate element in Israel, and they are a peace loving people. Netanyahu will shortly discover this when he is no more. His s a language of hate, and of course America does most all of his dirty work--our money, our money, and our military hardware.

    Sentiment: Strong Sell

  • This can be nothing but a positive development.
    A pox on the Likud Party.
    Maybe the United States won't any longer kiss their bootstraps.

    Sentiment: Strong Sell

  • Oil of late is again being hammered after a healthy roadkill bounce, and the oil futures look bad at this very moment. Oil weakness over time will directly transfer to junk bond weakness. These bonds of dubious quality are poised for nothing less than a severe correction, and quite possibly a crash when defaults begin to mount. In this coming environment, junk stocks like ZNGA with zero earnings are, well, nothing but junk. Toss good money here at your own peril, despite the so-called bargain pricing. There is very high risk with minimal potential reward. In terms of probability, it is a very poor bet.

    Summary: 30% downside risk remains in ZNGA common stock, and possibly more.

    Sentiment: Strong Sell

  • Please cue up now his most pertinent classic, "57 Channels (And Notin On)"
    The thing about the Ashbury Park Kid is that he was a bit premature in his prognostications.
    Hell, the last time I looked at a full Comcast package, it was approaching 1000 channels.
    And still damn near Notin on.
    The choices become quite baffling.
    Sifting through all the fluff for a good Golden State Warriors game.
    Unless, you have those important channels memorized.
    And I don't. I don't even own a television.
    Too many choices among a garbage heap is not necessarily a good thing.
    And there are only so many hours in a day or in a man's life.
    This is exactly the dilemma faced by ZNGA.
    Which must compete with its own ilk of rubbish.
    It grows by the hour and day.
    The barriers of entry to this market are quite modest in terms of capital required.
    One day Kim Khardashian, the next Paris Hilton.
    And 97% in freemium mode.
    Is it any great wonder that ZNGA will never earn a profit?
    And 2000 techies toiling away on the next drug of conformity.
    A major hit is coming any day now.
    How pathetic this world has become.

    Sentiment: Strong Sell

  • This is the major theme going forward, and the implications are no less than frightening. This subsidiary of Goldman Sachs, the Federal Reserve that is, should have modestly raised interest rates long ago. Instead, they encouraged massive speculation in junk stocks like ZNGA. Now the cabal finds itself between a rock and a hard place. They must make some token increase in the interest rates or lose all credibility. This further drives up the value of the U.S. dollar which is already curtailing our export sector. Our stock market will swoon even on a token rise in what is essentially a negative yield curve. Garbage like ZNGA with zero earnings and bloated overhead will be taken to the cleaners. Yes, this will be a very exciting year. ZNGA will be punished and this tech bubble implodes. The best conservative ideas are to short junk bonds (HYG) and the broad averages (SPY). Then just sit back patiently and wait for the carnage. No one can call the exact timing precisely, but a hard rain gonna fall. Short these sectors (homebuilders also), turn the computer off, and go on a long fishing trip to Alaska until next fall. You will be justly rewarded.

    Sentiment: Strong Sell

FB
82.21-0.21(-0.26%)Mar 31 4:00 PMEDT