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odonnellm66 412 posts  |  Last Activity: 20 hours ago Member since: Jan 17, 2012
  • We are also under a full moon. ZNGA longs, this doesn't look good for you caviar wet dreams..
    Please push the sell button immediately. Do not attempt a limit order. Dump all shares at any price.
    We also have the holy trinity of civil wars occurring simultaneously.
    1. Ukraine
    2. Syria
    3. Iraq
    Who is the prime beneficiary of all this unrest? It is Iran, whose sphere of influence grows.
    While ours wanes. A US foreign policy chart is quite similar to the ZNGA death spiral.
    Meanwhile, Netanyahu and his fascist Likud Party suffer from wet panty syndrome.
    They are known war mongers, itching to destroy Iran.
    Netanyahu is not a bit happy about recent developments.
    He just prefers that the United States do the dirty work.
    As we always have licked the boot straps of Israel.

    Summary: Are you sure you want to hold the stock of a purveyor of asinine games over this long weekend? Something big gives, and much sooner than later. Farmville is but a minor footnote to human folly.
    Iraq is a major footnote to human idiocy, greed, and unbridled thirst for power. Oil Fields.
    We now have a region wide conflict on our hands with no simple solution.
    Strange bed mates indeed. The US and Iran.
    It's quite similar to Israel and Saudi Arabia.
    Both pushing for us to invade Syria.

    Sentiment: Strong Sell

  • Reply to

    I can't argue with ZNGA's volume today.

    by odonnellm66 Jun 10, 2014 2:17 PM
    odonnellm66 odonnellm66 Jun 10, 2014 2:32 PM Flag

    The proof being a close near the high of the day.

  • We ought to break through 40 million shares.
    When you get a fish head, what the hell, make fish head soup.
    However, I have a sneaking suspicion that you best eat this soup fast.
    The proof is not in the fish head.
    It is in the eating of the fish head.
    You can help yourself.
    But don't take too much.
    Papa Pinus may have.

  • odonnellm66 odonnellm66 Jun 10, 2014 11:09 AM Flag

    The UBS opinion is fine and dandy, but ZNGA will not post a profit in 2014. It has yet to post an annual profit since the IPO. Meanwhile, fervent competition ramps ever higher within the field of social gaming since the barriers of entry to this business are so minimal, and ZNGA active users are in sharp decline. My primary concern in terms of the big picture is that the major averages are achieving all time highs while the volume continues to shrink, and dramatically shrink. That spells big problems ahead. Historically, one would not expect a substantial decline in the summer months, but history does not necessarily repeat itself ad nauseum. It only rhymes.

    By the way, name one stock UBS has an outright strong sell rating on. The investment houses seldom issue those type of ratings, and the reasoning is clear. Don't cut the hand which feeds you.

  • FB, TWTR, and ZNGA are all up. ZNGA volume is particularly strong out the gate.
    Here's the caveat:
    Both the DOW and the Nasdaq averages are down.
    Be careful in these waters.
    It might be one more case where you want to sell too soon.
    If ZNGA closes near the high of the day, this road kill bounce has legs.

  • odonnellm66 odonnellm66 Jun 9, 2014 4:03 PM Flag

    OK, let's try this logic. High tide under the Golden Gate Bridge occurred this morning precisely at 10:10 AM and it measured 3.8 feet.
    Now add 3+8+0+1+0+1
    The sum is 13. This is an evil omen for ZNGA. Dump all ZNGA shares immediately.
    Never trade in scam stocks without first consulting a tide chart.
    Always try to do your selling during a neap tide, not the flood.
    Trust me. I have been using this technique for 30 years with great success.

    Sentiment: Strong Sell

  • Retailers (and the Kosher Nostra) have understood this idea for centuries and that's why they will price an item at $2.99, and not $3.00. For some unknown reason the human mind considers $3.00 vastly more expensive than $2.99. Conversely, a shareholder feels much poorer at $2.99 compared to $3.00, and that is of great psychological significance to a ZNGA position. Who said people make rational choices?

    Summary: We again have ZNGA volume in the dumps after last week's drama spiel. SPY as well. ZNGA must hold $3.00 or we will most definitely revisit last weeks lows. The bounce from the $2.70's can be almost entirely attributed to short covering so where does future buying demand for the shares come from?
    ZNGA longs are now a completely demoralized group. Gun shy at this point. Why toss good money after bad?

    Sentiment: Strong Sell

  • The longs of course fully expected the shorts would be severely squeezed by their pelotas, because after all, ZNGA is a $8- stock at the very minimum. Alas, this did not come to pass. Quite the opposite. The ZNGA death spiral resumed after Dr. Don's pontification, and even I did not anticipated ZNGA's low in the $2.70's. The bottom line is that the shorts tend to be the more sophisticated players in this comedy of errors, otherwise known as ZNGA. There are any number of reasons to explain this. Shorts are skeptics by their very nature, rejecting hype and the standard Wall Street public relations. They always ask this most pertinent question, "Where's the beef?" ZNGA has no beef other than 2000 highly compensated employees. The shorts must also have access to a margin account, and not everyone is approved for that ability to borrow. If you don't have a margin account,you can't short a stock. Most importantly, the shorts tend to have a very firm grasp of downside risk since any short position is exposed to theoretically unlimited losses.

    Summary: The prime ZNGA shorting opportunities were when the ZNGA days to cover ratio was 1. That ratio did approach 4, but it was not a source of concern to me. I don't like to short any stock with a days to cover ratio nearing 6 or 7. There is a significant time lag on reporting short interest, so I don't know the current ratio. I suspect it is in the area of 2.7 days, since some covering has occurred, which primarily explains the bounce off of last week's lows. Remember, shorts must purchase the shares in the open market in order to cover. There remains plenty of downside risk to the stock.

    Sentiment: Strong Sell

  • In 500 words, please describe in detail ZNGA's marketable products, their intrinsic worth, and why they are indispensable to a modern society. You must use paragraph development, a topic sentence, and proper subject verb agreement. Extra points are available to those able to able to make full use of poetic language and the utilization of dramatic adjectives and adverbs.

    Upon completion of your essay, please tune into Comedy Central for a brief video presentation.
    The winner of this essay contest will receive unlimited virtual hours on Farmville, Version 2, A Southeast Asian Country Escape--Philippine Flesh Muffins Gone Wild.

    Sentiment: Strong Sell

  • My favorite yardstick is the SPY. Study a three month volume chart. It is none too reassuring, and the chart leads me to believe that the current nosebleed levels in the market are built on a foundation of sand. Consider the mass capitulation which occurred in ZNGA common last week. ZNGA had established a long string of lethargic volume days, and all it took was Dr. Don and his Medicine Show to cause a sudden burst in trading with a corresponding dramatic price correction. Something quite similar will occur with the major averages and at that time, the faith of the ZNGA longs will be severely tested. It is in the favor of the ZNGA longs that market crashes rarely occur during the summer months, but this is not to say it cannot happen in a world so closely interconnected. You can ponder endlessly on the possible catalysts for a major downturn and there are any number of plausible scenarios starting with interest rates and the dollar. No one can say with any certainty what will cause the Big Bang. You should only grasp that we are ripe for such an event. ZNGA will be a $1.99 stock at some point, or even lower depending on the levels of cash erosion, a major concern. The shares of companies with zero fundamentals will be dumped when the mierda hits the fan.
    When does Don announce additional layoffs at the ZNGA Brain Trust? They are coming.

    Sentiment: Strong Sell

  • How much will the write-off be for Unnatural Motion?

    Sentiment: Strong Sell

  • odonnellm66 odonnellm66 Jun 5, 2014 12:33 PM Flag

    Take a look at the names of the beneficiaries of the secondary offering.
    They are by and large Zionistas.
    A pox on their house of fraud.
    A pox on the Jesuits as well.
    And I was educated by the latter.

    Sentiment: Strong Sell

  • Why on earth was ZNGA carrying a $3 billion plus premium over its cash asset value?
    It has never--not even once--posted an annual profit since the IPO.
    ZNGA was conceived from the bowels of greed and fraud.
    Who profited from this scam?
    Mark Pinus and his tribal brothers. God's Chosen People.
    More than $600 million was raped in the secondary offering.
    They were selling at $13- while the rank and file were locked out.
    It will be just like Stevie Cohen.
    No criminal prosecution.

    Sentiment: Strong Sell

  • Would over 100 million shares in today's session qualify?
    Now, let's discuss Mr. Pinus' complete departure from the company.
    This is a lawyer's dream come true.

    Sentiment: Strong Sell

  • I wanted decent public relations, and all I received was more drivel.
    Did Mark Pinus write the speech?

    Sentiment: Strong Sell

  • It's a creative legal strategy for Mr. Pinus who cashed out at $13-.
    Don provided a huge pop while fundamentals continued to erode unabated.
    Mr. Pinus still faces civil litigation.
    Here's his legal strategy:
    "It didn't happen on my watch. I was no longer part of the company. Ask Don about it."
    Smart criminals don't use guns.

    Sentiment: Strong Sell

  • However, I am in the mood for a bit of Tom Petty and the Heartbreakers.
    Yep, Freefallin' it will be.
    This is very ugly.
    Next stop is $3-.

    Sentiment: Strong Sell

  • Yes, fish heads stink, and they are best placed in your rose garden. However, they can on occasion bounce when tossed high enough. It remains to be seen whether Dr. Don's medicine show will manage sufficient height, and I must admit, I did not listen to his spiel, as boredom is to be avoided at all costs. It is looking a bit iffy from after market signs. Suffice to say, both Herbalife and Krispy Creme have withdrawn their bids for ZNGA's diminishing assets.

    Summary: David Bromberg: "A man should never gamble more than he can afford to lose."

  • odonnellm66 odonnellm66 Jun 4, 2014 10:07 PM Flag

    Rust never sleeps. Even aluminum will create an oxidized finish over time. As a welder, I would understand that. Even copper creates a beautiful patina of turquoise arsenic after it is exposed to oxygen over long periods. Look no further than the old mansions roofed and guttered in copper sheath.. Gold is almost entirely resistant to oxidation, and that property, along with its relative rarity, explains its intrinsic worth for many thousands of years. Silver has those properties less so, but it is poor man's gold. Tin is an alloy combined with copper, and it will readily oxidize. That is currently a hot issue among the foodies, as tin can contents will have traces levels of metals which we ingest.

    ZNGA is lead, though alchemy, via the Kosher Nostra and Mark Pinus, was put to full use. Unfortunately, at the end of the day, ZNGA remains a lead zeppelin.

  • odonnellm66 odonnellm66 Jun 4, 2014 4:55 PM Flag

    True, those last 3 million shares came from the hedge boys (aka,The Kosher Nostra), but I am certain it was computer generated trading. I would love to talk to one of their MIT rocket scientists to determine what kind of information they plug into the computer model. Volume and general price trend are the obvious inputs, but what else? The models all operate on statistical probability. It is a negative that ZNGA closed near the low of the day. I read volume as neutral.

    We are close to another day when Hal the computer does not cooperate. These programs can and will run amok because there is no proper accounting of human emotion, a key ingredient in the markets. Selling will be exacerbated by the computers and a flash crash (or worse) will be the net result. Hal will say, "I'm sorry Dave. I can't do that."
    I'm long at $3.33 from yesterday for a short term trade. I may have to take a bird bath on this one. Let's see what Don can pull out of his hat in a few minutes. Wall Street is not in the mood for, "Prosperity is just around the corner." At least Mr. Pinus is not addressing the throngs, as he has zero public speaking skills.

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