Sweet, but not as good as My 5000 shares at 20 :) and i am sure some here have low teens or pre teens, lucky dogs
Even more Baffling why you are spending 24/7 here for absolutely zero value than to babble to everyone that 2.20 was not a good time to buy when it was clearly the bottom.. Is this your "silly Game"? The only thing I can think of is that you are a Quadraplegic that litteraly has notthing to do all day ( i can say that because I've been there and would not wish that upon anyone). If you actually have the Ability to have some sort of Life, this is Even more baffling to think you are wasting it here day in and day out on such a bad bet. I guess Zynga has Incredible Value to you? You are spending so much time on a company that has no reason to exist in your mind. Yet you keep us Informed about its value and all its Foibles. One has to wonder, Do you read your own Text and actually apply that to your own life... Seems not which is pretty funny... Back to the Backyard bunker you go to make sure you have enough water for the apocolyps that is coming :)
accumulationg 5-10 Million shares 33% of outstanding shares in the last week. pay 80 Million and get 25 Million back in Stock appreciation so net 55 Million for both Joes and Hudaon, Generate 175 million a year in Revenue and Ebita in the 12 Million range after debt is erased.. So net net they earn 25% ROI per year..
check it out!! Stock Twits post
Not one Issue on Ipad air 2- Looks twice and Vivid in person on ipad, the Youtube videos are not very vivid so a lot better play that what it shows on the tube..
I also think JD and PK will have to take huge cuts in order to save the companies in any deal. They both dropped the ball and let both companies suffer under poor managment.
Someone has to give you the CREDIT first- I beleive there is value in taking the company over by assuming the debt. 85 million in cash to pay off debt and assume the company. Roughly 1.20 share is the upside if they have a suiter- FCP could essentiall buy back Joes/Hudson for less than what they sold hudson for and get Joes for Free... LOL, got to love it..
about 3.6% based on diluted share count but yes they peeled off a few, guess they are taking a tax loss
or trying to get them all sold. Just wondering if Joez has a buyer lined up yet... They are still doing business as usual and launching new products.. Might be a facad.. who the heck knows..
Takeover not gonna happen, There is One Man Marc Pincus who will not Sell his majority stake to anyone until he feels they cannot make it otherwise. Don and team will take Zynga down a Pathway to Sucess. They will not always win but they have shown that they can mold with the market when needed. I found it interesting during the Call Don Mentioned that there were Equal or Better opportunitys to use their cash than a stock buy back. That is interesting being they believe they have a blockbuster or a Few in the pipeline. So riddle me this Bat Friends, if Zynga expectation is to have a few blockbusters thent the stock could hit 10+ and knowing this what is the better use of Cash than a 3 banger buying up their own shares? GLUU or a Chinese Gaming company or another Tech company, VR or WHAT??? Either way you slice it, something big and meaningful is on the horizon. we just have to sit and wait.. Gonna get interesting over the next 12-18 months though...
Don has placed some Big Bets, Even Bigger than Dawn of Titans... Just the Very very tip of a large iceberg.. If you beleive in the future of Gaming buy as much as you can afford at these levels.. :)
if you beleive that Mobile devices are here to stay and you Beleive that with the Zynga Cash Hord and Talented staff they will make it to the list of top 5 players over the next 3-5 years that will equate to 6-10 Billion in Revenu or 10-15X todays value. Buying any tech stock today at book value that has no debt and lots of Cash is a rare find. Z is setting up to Win. EA2 and DOT are just the beginning of a whole new set of standards for Sucess. With the Right tech, Z will clearly seperate themselves from everyone else. Question is what is the next Tech company they will aquire.
XBox went form losing a billion a year when Don took over to a valuation of 17 Billion in 2013 when he Left.
And yet with DOT and EA2 they could easily generate 1+ Billion a year in New revenue... Place your bets!!