they will burn through all of their cash within a couple years and have no value.
EA just released earnings. No surprise that they will not be buying ZNGA. Any other dumb predictions? Quit doing your fellow longs a disservice and pumping this stock for no reason.
lol, you are so right. I bought plug under $1, sold at $5, bought back at $3 then sold at $10. so easy to ride the momentum of PLUG. It is getting beat down pretty hard, it is only a matter of time until they release a new "deal" and the stock will shoot back up towards $10. I am looking to get in again if it breaks closer to
the sad truth is GLUU is making money and growing. ZNGA has regressed into teh ugly kid that sits in the corner.
New robocop franchise, new bond franchise, EW is a major hit in asia, FC is so so.
the point is my neighbors garage is turning a profit. GM is burning through cash and losing money.
let me better help you understand Zynga. It's as if a 10 year old says I WANT TO BE RICH AND MAKE LOTS OF MONEY!!! Someone asks how will you become rich and make lots of money kid? The kid says, I dunno but everyone is making money online, so I will do something online. Zynga is the 10 year old kid. They want to make lots of money and be profitable on mobile like everyone else but they have no idea how to get there. They think they can just port over a 5 year old game like FV and they will be rich.
Doesn't work like that.
Even worse, they are just taking users from their FB platform and porting them over to mobile FV. That is why when a smart analyst asked Zynga on the call, what is the percentage of NEW users to FV and the percentage of users that are coming from FB, Zynga said "we are not going to give that information" Why? Because a majority of the revenue came from their existing users on FB.
listen, you and i can argue all day long, in the end I am a trader, not an investor. I am supporting my short position with these opinions I have. At some point when Zynga is under $3 I may go long with new reasons to support my position. But for now, I will see you at $3 within 30-60 days UNLESS something magical happens and someone buys them out or they buy out GLUU.
whatever you say bud. This was trading in the $5's not too long ago. It was a fun ride back down to the $3's.
The rest of zynga is worthless. eventually they will burn through their cash and become cheap enough for some company to swoop in and pick them up on the cheap.
And I cover my short position then go long to ride the wave of retail buyers picking this up for cheap. I'll be rooting on the same side as you dumb longs eventually! It's is only a matter of time.
Im short until
#$%$ are you talking about, when did either of us say anything that gave you the assumption we didn't know the difference between free and grossing? Let me know when you learn how to trade a stock instead of losing money on a TURD.
do I get a prize for graduating to your ignore list? Go ahead keep listening to grab. If you would have listened to me, odonnel and legends, you would actually be making money instead of losing it. Grad will make you broke.
That's fine, call me a donkey. I don't give a $hit. sticks and stones may break my bones but names will never hurt me, especially while I'm making mad cash on a cruddy stock like ZNGA.
analysts and investors realize that Zynga is riding the coat-tails of FV for the last 2+ years. This studio has failed many times to produce a new hit and they are suffering for it. GLUU on the other hand consistently is building new franchises that are popular. Zynga would be beter off getting rid of EVERY title except the top 5 games. Lower their operating costs for running unsuccessful games and just run the hits. that is what they need to do.
Go back and look at my posts. How many times have I posted gross rankings from various sites to keep people updated?!?!?! You piece of $hit, stop being bitter about your failed prediction. Go invest in GLUU if you are so bullish about this sector. I'm making a killing on that stock as well. Long GLUU, short ZNGA.
when I say someone, I am talking a large hedge fund. These guys trade billions of dollars in equity. They don't care about $6million.