Hope it holds. Something very convincing about the accumulation of shares today. hope it holds the intra gain through the session end/close!
Sentiment: Hold
Who knows. I was convinced that znga would trade strong today like grpn. Obviously it has not. Speechless some times but oh well. Manipulation at it's best.
Sentiment: Hold
3.75 is min close thur. 90%
GL and night night!
Sentiment: Strong Buy
For tomorrow. Not sure about Friday yet but is probable too. Watch for fakes Fri. pre market. I am tired. Up late obviously. I have convinced myself that yes follow through will be there tomorrow in this rally. Barring no nukes from N.K or Iran. $3.75 is tested and wobbles but holds to close. Friday I am not sure yet. I week trade and missed some fills early today at $3.35 (minutes before the run). However, I will chase and enter early am pre if in time. Although I cannot predict Fri it does not matter. These shares are a week hold as you all know I do. Yes through the weekend absolutely. Friday? Like I said not sure. We will ponder that by noon tomorrow if some directional signals hit. This is a rare post by me as you all know. I do not typically do this. Trade at your own risk and do not rely on my posts! My opinion is meant to be nothing more than a reference type reading.
GL and peace! If you can tolerate the risk level for 1 week....BUY BUY BUY!
Sentiment: Buy
yada...yada...unless a case (news) can be made where there is confirmed fraud...$2/share is the min to exit When? I don't know. I am avg. at $1.50 and will not let a share leave for less than $2/share. If I have to wait through summer 2013 then I may as well wait till December. In this case I would demand $$2.50-3/share or I sit on them until 2014.
Silly NYSE spec's. GL all. May be a boring summer holding ned...or maybe it won't. Either way no big deal. Not a bad place to park/store spare coins vrs liquid in your brokerage account. Adr fees will hit but at this $1.50/share level it should not be a problem for a month or longer hold. If you are day or week trading ned and need to be out kind of soon. then...then...hmmm. Good luck I guess with qtr earnings and maybe get lucky. Otherwise this is a parking place for coins until year end or fall if we are lucky. Safe place to park unless fraud headlines hit. So far so good and I believe we are going to avoid that and get bought out anyways.
GL!
Sentiment: Hold
Not sure of your point my friend. Yes there are many investment strategies...yes buying and waiting a year is one of them. Also, maintaining a core position and trading an equal size block weekly (4-8 trading sessions) is another one and that is the one I practice. Lol. Not trying to be rude, really I am not...I am not like that. I do need to inform you that my trading shares of znga, on a weekly basis, have 5x in value since Nov/2012. The core has achieved about 43%. More headaches for week trading as you imply. Still, headaches equal coins if you are able to pull it off.
GL to you and hopefully we toast each other with our long term shares say...say...next x-mas 2013!
Sentiment: Hold
Understood. I thought though if you compute it out, that it is less than $200 million for an acquirer to overcome the pink Pill??? I have to go dig into this again and confirm. It is pretty important to know if Pinky can block or not and at what price based on todays share trading range of say $3.50/share ish.
Sentiment: Hold
Yes I hear you. Longshot for sure but at least not impossible due to a founder holding/controlling a majority interest in the common. We agree it is a longshot and if I were to speculate on a longshot knight...hmmm...it would be Amazon. Not Goog or yahoo or even an Las Vegas casino. Longshot play to take out znga is Amazon and I won't bore anyone with why I believe that. It is simple bus. strategy. I know znga would not be a, "Core" type target but not all takeovers are for core or synergy purposes. Sometimes a company breaks the mold and compliments an existing bus focus which is bold and intuitive. Ever wonder why pink man plays down the gambling word so much? I figure it is due to either of 3 reasons. 1) There is really too much hype for znga and real money gambling and it is sincerely not where znga-pink is taking it. 2) Znga knows this sector will propel it to high ground once some fundamental stats can be released months from now regarding it. 3) Someone is interested in taking it out and Pink man has been turned into a puppet without choice (he has no way to block). He is being manipulated to play it down until the stage is set for the ink to hit the papers and then a Monday morning or late Fr. session PR news wire hits!
All speculation by me. GL all!
Sentiment: Hold
You do understand that Pincus cannot prevent a takeover right? He can talk on the phone in a sour type mood but at the end of the day this one can be take out without his thumbs up. It would take deep pockets by the acquirer perhaps...but Pincus would be on the sidelines watching...even with a poison pill.
Sentiment: Hold
Agreed. No yahoo or Goog. But...yes you heard it here first although any buyout is a longshot. Amazon. Yep. believe it or not every time I run through potential knights. Amazon comes up in the top 3. I have been through (positioned properly) over 9 takeovers in the last 15 years. Not a pro but I do spend much time pondering these things. Do not invest on my post but keep it in the back of your head as a possible reference for future events;)
Peace and GL!
Sentiment: Hold
DING DING DING...we have a winner. You now advance to the Bonus Round!!! Lol. all kidding aside. You are exactly correct. Why not tomorrow, or Fri? This run appears like a managed run (like the run down was). Surely it can last more than a couple days??? Even if this goes into next week to fuel further! Well....like I have said in this very thread. Day trading this thing is too hard. Easier is to week trade it while maintaining a core position for the longer duration and/or takeover-aquisition/partner news. Good post from you!
Sentiment: Hold
In all my years of investing I have discovered that "patience" beats an mm and/or spec. 99% of the time. Yes you need to be confident in your equity selection up front. After that though, it takes patience. You will be tested many times to close your long position during this manipulating market. If you have patience and make wise selections. you should prevail most of the time. Lol...znga at slightly over $3/share last week. So silly.
GL and peace!
Sentiment: Hold
I have never respected Cramer. I usually go get a beverage when I see him come on. This time I didn't and I regret it. He said, "If ZNGA didn't have the cash in the bank the shares would sell for 48 cents".
Likely he has more money than I do. That aside, it does not make him more wise. It means, in my opinion, that he used connections and had some good luck getting his fortune. I rally wish I could respect him...I simply cannot. 48 cents...lol...really.
Sentiment: Hold
Do not waste time on haters. They thrive for the attention. I suggest read/glance and when you recognize the name...move on or cancel out the finishing of reading the post. Really. There is no reason to ever waste a key stroke for them. Your post was, as you indicate, a contribution to the thread and based on facts from you listening to the CC. GJ! Ignore the others that cannot socially participate in a public forum. They have issues and there is not a thing we can do to correct that unfortunately:(
Sentiment: Buy
typo. Sry. Modd is meant to be mood. As in "market mood" that is what I meant to convey in my last sentence.
GL!
Sentiment: Buy
Jefferies was banking on this news. They had info (a possible insider leak at ZNGA?). I am of the opinion they were expecting more negativity and are thus dissapointed. If I am correct, (perhaps others too) they will wind down open short positions over the next 3-10 business days. I am trying to be as objective as I can while typing this post. If I were the main, "Money or Account Manager" over there...I would be figuring out a way out of the short. Unless I placed all my eggs in one basket and hoped for another market meltdown, I would be protecting the funds best interests and draw a logical conclusion that znga will not likely be going BK this year or offer a substantial drop below $3/share for enough trading days to exit anyway. The general market may not meltdown or even correct more than 3-4% this year. Online gambling hype/reality could have quite a few surprises on the growth and rev side and may not be attractive on the wrong side of the modd come 1-3-6-12-18 months from now.
GL. My thoughts for what they are worth.
Sentiment: Buy
This posted in the wrong thread. Yahoo glitch. Sorry.
Sentiment: Buy
First off...a seasoned trading veteran does not boast...ever! That is about all I can say to you. GL & peace!
Sentiment: Buy
Good post. I plan on doubling down from a $3.50 avg. I have learned from the past...wait 2-3 days after neg news. At the same time cross your fingers and hope another bomb does not go off short term. Anyway, I am embracing the concept of doubling what I have. I will wait a bit though like you suggest. The only thing that may violate my 3rd day rule is it is possible late, late friday session I will pull the trigger for 1/2. Then the other 1/2 addition on Monday.
That's the thought anyway. Peace and GL.
The only thing that beats an MM and Spec, in my experience, is patience. If you are confident in your equity selections...if you stay off margin...if you avoid short duration call (option) buying...you statistically will beat an MM and Spec (and the boys on Wal St) 70-95% of the time. My personal records indicate that from 1992 forward anyway. Do your DD and best wishes!
Sentiment: Buy
After close of market trading. Perhaps 15-30 minutes after..
Sentiment: Hold