not much changed from the beginning of the week till the end. I'm gonna sit tight, watch and wait and hopefully can get back in lower before September 9th.
Yes, Take your profits and buy again when it gets back down to those prices - With the potential rate hike and China issues we should have a roller coaster ahead. Taking profits is the only sure bet for you.
I just sold my shares. Too much volatility and downside for me.
If/when it gets back to under $100 I will buy again.
Because they have 900million shares and the number keeps going up and diluting shareholder value, they have all this cash sitting on the books not being put to work and overall have not been able to come up with any huge hits for games. I'm long and have been buying more on dips the past several years but the turn around has been slower than I expected and the number of shares keeps going up and up which is frusterating to say the least.
Z was making $300M per qtr in 2011 and now making under $200M and the gaming sector is growing. I don't think Natural Motion or RMG can even save the ship now that MP is back on board. Z needs to start using some of their cash to give back to investors with a larger buyback or dividend.
Does anyone know what the current shares outstanding are?
The reason share keep being worth less is the number of outstanding shares keeps going up, up, up! They have jumped from 700M in Dec 2011 to 920M in April 2015?
Chart of Outstanding shares.
I think with MP back they will have a much more exciting conference call as the last few have been very hush hush, blah and quiet with DM. I expect a small earnings beat with the cost cutting and layoffs in and upward guidance for 2015 which should push the stock up modestly.
I saw Earnings is before the market open? Anything to read into there?
Does anyone know how many shares are outstanding or when they will start to buyback shares?