Is it time to buy Zynga? - Page 48 - Business, Finances and Investing Forum

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Is it time to buy Zynga?

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06-24-2013 , 06:14 PM

#1176

ZNGA ftw

banned

Join Date: Apr 2013 Posts: 419

This is getting ugly.

Quote

06-24-2013 , 07:12 PM

#1177

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

I dont know this time around the drops dont even bother me. I think we'll bounce back as soon as the market turns itself around. Zynga is CHEAP right now! Once some kind of decent news comes out we should see some .20 - .30 - .40 jumps back up.

Is it still assumed that Jana is holding the shares it bought?

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06-25-2013 , 12:00 AM

#1178

highstakesfan

banned

Join Date: Apr 2008 Posts: 3,074

If ZNGA had 80 million shares and a $25 price, instead of 800 million shares and a $2.50 price tag, would ZNGA be cheap ???

Falling Revenues with no earnings, and no prospects of earnings does not make this cheap.

And repackaging someone else's poker software is not the road to riches.

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06-25-2013 , 03:35 PM

#1179

ZNGA ftw

banned

Join Date: Apr 2013 Posts: 419

Nice bounce today.

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06-25-2013 , 04:04 PM

#1180

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

Earnings July 22..

That's me birthday

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06-25-2013 , 05:09 PM

#1181

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

http://www.ubergizmo.com/2013/06/pok...r-zynga-games/

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06-26-2013 , 06:24 PM

#1182

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

Just saw this on stocktwits:

http://m.pressofatlanticcity.com/new...a4bcf887a.html

"Casinos have until June 30th to file and online vendors who form partnerships with the casinos have until July 29th."

Anyone know if/what Zyngas play in this is?

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06-27-2013 , 02:01 AM

#1183

Shoe

Carpal \'Tunnel

Join Date: Jul 2004 Posts: 11,869

Quote:

Originally Posted by Mad Hatter

Zynga has no play unless party poker already has a partnership in place in which case they can suckle off a few fractions of a percent of affiliate revenue. This company is dead.

Zynga is a software company that cannot even write their own poker software, a trivially simple game compared to what most video game companies are capable of (other than their admittedly rigged free poker game which would never gain regulatory approval).

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06-28-2013 , 04:10 AM

#1184

meekrab

veteran

Join Date: Mar 2010 Posts: 2,791

Wait, their free poker game is rigged? lolololol

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06-28-2013 , 04:52 AM

#1185

ZNGA ftw

banned

Join Date: Apr 2013 Posts: 419

Quote:

Originally Posted by Shoe

I agree it's pathetic they are using Party software however the rationale for that partnership vs going solo is just as much about licensing, security, payments, support etc - which they have no experience with - as it is about the software itself.

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07-01-2013 , 12:53 PM

#1186

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

Something juicy is happenin..

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07-01-2013 , 01:02 PM

#1187

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 41,359

Quote:

Originally Posted by Mad Hatter

Something juicy is happenin..

New CEO?

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07-01-2013 , 01:05 PM

#1188

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

Haha..

would that be a good thing

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07-01-2013 , 01:08 PM

#1189

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

This sucks.. I'm actually home today sitting in front of the computer. I have my "all in @ $2.70" shares I bought a couple weeks ago and I don't know what to do with them. This MoFo is rising pretty fast..

Dump or hold

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07-01-2013 , 01:09 PM

#1190

Truthsayer

banned

Join Date: Nov 2012 Posts: 2,251

I'm away from my trading comp or I'd option the **** out of this. Big imagined upside if the Microsoft guy comes on board, could double from current valuation. Zynga is very cheap relative to a new CEO.

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07-01-2013 , 01:19 PM

#1191

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

http://allthingsd.com/20130701/exclu...nga/?mod=tweet

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07-01-2013 , 01:25 PM

#1192

Truthsayer

banned

Join Date: Nov 2012 Posts: 2,251

He comes from a different world and can drive all kinds of new directions and ideas. It's a really big deal for the company. Zynga was finished under its current management and talent hence book value was irrelevant. With a new CEO book value comes into play because there's meaningful upside. A strangle or straddle with an upside bias is the way to play this, the news might not come to fruition.

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07-01-2013 , 01:51 PM

#1193

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

http://allthingsd.com/20130701/exclu...nga/?mod=tweet

"Mattrick joined Microsoft in 2007, after a long career in the gaming sector, starting at Distinctive Software, which he founded at 17 years old. It was later acquired by EA, where he eventually headed its global studios and research and development. According to his bio, “since Mattrick began overseeing the Xbox division, the Xbox 360 installed base grew from 10 million to nearly 80 million worldwide while Xbox Live membership increased from 6 million to nearly 50 million.”

The Canadian native has long wanted to move back to the Bay area, where has has a home, said sources, another important factor in this move.

Both Microsoft and Zynga declined to comment."

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07-01-2013 , 02:11 PM

#1194

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 41,359

squeezed in a small position at 3.06 to speculate on the news. Plan is to sell anything over 3.40, hold under that, and hold up till a return to the 2.70's. I think a return to the 2.70's is probably where I'd shake loose.

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07-01-2013 , 02:50 PM

#1195

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

Quote:

Originally Posted by rafiki

Let me ask you this..

If we make it to 3.40 it's probably because Mattrick comes on board. If that's the case this stock now has tons of potential and with earnings right around the corner and the July 29th deadline for partnering up with a NJ casino still questionable, why sell?

The only other possibility I see is a run up at the end of day anticipating Mattrick comes on board. But even then why sell when it "sounds" likely that this could really happen?

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07-01-2013 , 03:38 PM

#1196

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 41,359

Quote:

Originally Posted by Mad Hatter

Let me ask you this..

If we make it to 3.40 it's probably because Mattrick comes on board. If that's the case this stock now has tons of potential and with earnings right around the corner and the July 29th deadline for partnering up with a NJ casino still questionable, why sell?

The only other possibility I see is a run up at the end of day anticipating Mattrick comes on board. But even then why sell when it "sounds" likely that this could really happen?

I'd certainly want to hear a lot of about his guidance ideas before missing out on that sort of profit. I could also sell half my shares and keep half. But the position size barely warrants it.

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07-01-2013 , 04:03 PM

#1197

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

its confirmed.....

http://www.streetinsider.com/Managem...O/8465377.html

Quote

07-01-2013 , 04:19 PM

#1198

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

Where TF is ZNGA ftw????

Any thoughts on what this stock does from here? I don't understand the saying "buy on rumor sell on fact." The "fact" is great news so why the hell would I sell?

I think I'm gonna revert back to my original strategy and just sit. Looks like enough positives in the future to justify that. I mean, I just don't see the "old" Zynga pump and dump happening here.

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07-01-2013 , 04:26 PM

#1199

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

Sorry for blowing this thread up with all my posts but I believe this is relevant here:

http://allthingsd.com/20130701/don-i...D_yahoo_ticker

Pincus message to company:

To our Zynga employees, players and shareholders,

Today is a big day. I’m excited to announce that Don Mattrick will be joining us as Zynga’s new CEO and member of our Board. I wanted to let you all know why I made the decision to recruit Don and what I think it means for all of us.

Over the last few months I’ve spent a lot of time thinking about all that we have achieved together as a company. We have pioneered social gaming and helped make Play a core part of millions of people’s lives. But Zynga has so much more potential ahead, the opportunity to be an Internet Treasure and deliver on our mission of connecting the world through games.

As I reflect on the past six years, I realize that I’ve had the greatest impact working as an entrepreneur with product teams, developing games that could entertain and connect millions.

I’ve always said to Bing and our Board that if I could find someone who could do a better job as our CEO I’d do all I could to recruit and bring that person in. I’m confident that Don is that leader.

If you’re not familiar with Don, he’s an entertainment and game industry innovator who’s been making products and scaling teams and businesses for the last 30 years. Don’s had major leadership roles at Microsoft, Electronic Arts and Distinctive Software, which he founded when he was 17 years old.

Don is unique in the game business. He can execute in multiple domains — hardware, software and network, and he’s been the person responsible for game franchises like “Need for Speed,” “FIFA” and “The Sims.” He’s one of the top executives in the overall entertainment business and he’s a great coach who has inspired people to do their best work and build strong, productive teams.

He deeply understands the value of a network and the importance of creating lifelong consumer relationships. He turned Xbox into the world’s largest console gaming network, growing its installed base from 10 to 80 million and transformed that business from deep losses to substantial profits. And he has grown the Xbox Live player network from 6 to 50 million active members.

Going forward I’ll continue in my role as Chairman and Chief Product Officer. I’m excited to partner with Don and the rest of our team to return Zynga to its leadership role in inventing and growing Play as a core human experience.

Don officially starts next week; however he’ll be joining me tomorrow to host an All-Hands meeting so you can all have an opportunity to meet him and ask any questions. Please feel free as always to post your questions and vote up questions on our Zyntranet here.

Thanks and see you tomorrow.

Mark

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07-01-2013 , 04:35 PM

#1200

Mad Hatter

enthusiast

Join Date: Mar 2013 Posts: 98

http://www.4-traders.com/news/Zynga-...cer--17062758/

Zynga also announced that the Company will hold a conference call to discuss financial results for its second quarter on Thursday, July 25, 2013, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time), following the release of its financial results after the close of market. The live webcast of Zynga's earnings conference call can be accessed at investor.zynga.com. Following the call, a replay of the webcast will be available through the website.

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