Pretty harsh word from a four year old. You are four years old right? You spell and talk like it.
It's really hard to tell when someone is being factious or making a comment in jest, on a message board. It didn't seem like a statement that you would make. Nothing absolves the ZYNGA management from coming to market with a new game and not giving it any PR. That's to be expected though, we all know how E & A never reached it's potential. But as far lightening up, I appreciate the life lesson inteli, but I have enough friends.
Do you really think that the ZYNGA management team should base their press releases on a new game that's just released, around the options? No PR except for reporting agencies. Nothing from the ZYNGA PR dept?
They initiate coverage with a perform. Not a buy or even a price target. Did they come out with that to help their stock holders to gt a chance to dump, or do they believe in ZNGA? It's hard to tell. Usually new a new coverage by a brokerage house helps a stock pps go up.
I believe they approved it in the past, and as well know they never bought back any shares. Maybe this time will be different and they will buy back shares. It will be interesting to see if it comes to fruition. Thanks for the info.
If we the Employment Situation report would have missed to the downside, the markets would be down big with the excuse that there's too much uncertainty about when the Fed. will raise the rate. So, it beats big time, and the indices are down because the market says the Fed. is going to raise the rates because of the report. The MM's need to pick a side, and stick to it. But I guess that's why the little investor can never really win big. JMO.
Most people thought it was going to be later in the year around October. Then people pushed out their estimates until Nov. or Dec. I said back in April or May that DOT wouldn't come to market this year. The management said it would be later in the year, but now they've pushed DOT and CSR into 2016. What will be the catalyst to a good 4th quarter?
It only states that they approved a share buy back. It doesn't mean that they will. That was also approved a few years ago, and they never bought any shares back.
Did anyone else read the article from ValueWalk that ZYNGA is settling the class action lawsuit against the management for differing the bad news of sales to the next quarter so they (Pincus) could dump their shares in 2012?. It tanked 37% the next quarter when the big miss came out. Maybe this will prove once and for all about this CEO's integrity, but it might help the pps to have it behind us.
I posted Monday that I bought 6500 shares of GLUU last Friday at $4.09. I've made all of 35 cents, but ZNGA hasn't moved. I should have taken my losses on ZNGA and put all of it in GLUU. I'm averaged on my 25K of ZNGA at $2.92. If I sold them all I would have lost a little over 12K, and made back 5K on GLUU since Friday. Soon GLUU will be once again be over double the ZNGA pps, and we'll all still be waiting for something good to happen to the ZNGA pps, thinking this can't go on for ever this way. Something has to change and improve, right?. But, with this management team, maybe not.
I bought 6500 shares of GLUU on Friday avg. @ $4.09#$%$ least they give some PR and direction. I really need ZNGA to get back to $2.92 and I'm out with all of my 25K shares at break even.
I don't know fox. Not to look a gift horse in the mouth kind of thing, but it seems like today's head fake is brought to us by "no news up and no news down."
Two ZYNGA officers sold substantial shares on 10/16/2015. That day the pps hit a recent high of $2.51. Was it a planned sale or did they just wait to sell into a little strength? No confidence here. No company buyback and no new insider purchases.
No news up and no news down. Same stuff, different day.
I see on market pulse that there are posts about ZYNGA making an announcement today. Is there a tech convention going on? Of course there aren't any news articles or PR about anything from the management.