Is it time to buy Zynga? - Page 9 - Business, Finances and Investing Forum

I think you're missing out on some pretty important advice because you think you're being personally targeted. Also nobody is hoping you fall on your face here. I certainly hope it does well and we all get paid.

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02-24-2013 , 04:30 PM

#202

amberdosh

banned

Join Date: Jan 2007 Posts: 924

that was @ angerpush - read his posts again if you think he's not personally targeting me or hoping that i fall on my face.

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02-24-2013 , 08:03 PM

#203

AngerPush

Carpal \'Tunnel

Join Date: Oct 2009 Posts: 32,050

Quote:

Originally Posted by amberdosh

that was @ angerpush - read his posts again if you think he's not personally targeting me or hoping that i fall on my face.

I am not personally targeting you. I am not hating on you. I wish you the absolute best as long as we're on the same side, the worst if we're on opposite, and I wish positive things for you if you have a position that does not affect me one way or the other.

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02-24-2013 , 10:44 PM

#204

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 40,125

grain of salt, but...

http://seekingalpha.com/article/1219...s?source=kizur

$7-$11 fwiw

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02-24-2013 , 11:09 PM

#205

amberdosh

banned

Join Date: Jan 2007 Posts: 924

The state by state breakdown was good. He says Pennsylvania expected this week as well - and CA may vote next month or in April.

Holy **** @ $100bn in mobile gambling revenue in 4 years. Must be counting on huge leaps in technology and adoption. I just don't see people paying massive rake on iPhones/iPads.

The 1/1000th argument is a good one. If you think they'll turn a profit with current business + gain any traction in real money, the stock is redic undervalued. Only if both of those ultimately fail will it ever go below ~$2.

Last edited by amberdosh; 02-24-2013 at 11:17 PM.

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02-25-2013 , 09:27 AM

#206

Iamcloud

grinder

Join Date: Sep 2011 Posts: 645

https://twitter.com/GovChristie

probably a good place to hear the news

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02-25-2013 , 09:59 AM

#207

amberdosh

banned

Join Date: Jan 2007 Posts: 924

Still jamming pre-market, I'm still selling. Sold at $3.49-$3.52 so far. Still think it'll pull back. Overbought.

I'm down to like 25% of the position I had on Thursday

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02-25-2013 , 10:40 AM

#208

amberdosh

banned

Join Date: Jan 2007 Posts: 924

NJ voting on Christie's recommendations on the 26th

http://nj1015.com/nj-to-vote-on-inte...l-february-26/

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02-25-2013 , 11:02 AM

#209

amberdosh

banned

Join Date: Jan 2007 Posts: 924

Current holding: 0 shares. Sold the rest at 3.53-3.60

Nice ride from 2.90's.

Will get back in sometime before NJ news.

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02-25-2013 , 11:03 AM

#210

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 40,125

3.60, breaking my heart

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02-25-2013 , 11:47 AM

#211

amberdosh

banned

Join Date: Jan 2007 Posts: 924

Me too. I left a lot of money on the table on this swing. Started selling at $3.15. Hopefully I'm proven right and it pulls back.

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02-25-2013 , 11:49 AM

#212

rafiki

Carpal \'Tunnel

Join Date: Jan 2006 Posts: 40,125

Quote:

Originally Posted by amberdosh

Me too. I left a lot of money on the table on this swing. Started selling at $3.15. Hopefully I'm proven right and it pulls back.

Let's try to make sense of some new resistance points and see what's left out there. No play for me now imho.

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02-25-2013 , 04:14 PM

#213

Iamcloud

grinder

Join Date: Sep 2011 Posts: 645

Sold 80% at 3.60, will probably go down because of everyone selling. Lets hope NJ brings good news!

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02-26-2013 , 12:23 AM

#214

Justine Bieber

adept

Join Date: May 2012 Posts: 710

still holding, got in at 3.195, going to set a stop around the 3.38 range to take some profit should it fall back.

In the feb trading thread someone stated that the resistance point is around $3.70 - $3.75 we hit 3.69 for todays high so it looks like its still having some trouble breaking through that point. Should it break through $3.75 we should go higher.

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02-26-2013 , 01:01 AM

#215

NYC_Jon

adept

Join Date: Mar 2012 Posts: 772

Quote:

Originally Posted by Justine Bieber

I was considering picking some up if it hits the 3.2-3.25 range.

Quote

02-26-2013 , 08:57 AM

#216

Iamcloud

grinder

Join Date: Sep 2011 Posts: 645

how much are you guys planning to re-enter for? The bill will probably pass today.

http://m.pressofatlanticcity.com/com....html?mode=jqm

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02-26-2013 , 10:18 AM

#217

amberdosh

banned

Join Date: Jan 2007 Posts: 924

Took a short position after hours yesterday at $3.52. If it stays in the $3.30's or lower today, gonna get back in before 12pm EST. $$NJ$$

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02-26-2013 , 10:43 AM

#218

amberdosh

banned

Join Date: Jan 2007 Posts: 924

And we're falling: I'm buying.

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02-26-2013 , 10:56 AM

#219

amberdosh

banned

Join Date: Jan 2007 Posts: 924

Got a nice beefy position again (bought @ $3.28-3.35).

Let's go New Jersey - would love to see $4 after hours today.

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02-26-2013 , 12:06 PM

#220

Duffman08

adept

Join Date: Nov 2008 Posts: 1,011

Where do you think support lies? The NJ thing is basically a done deal right?
Looking to make a gamble between classes today lol

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02-26-2013 , 12:08 PM

#221

amberdosh

banned

Join Date: Jan 2007 Posts: 924

Anything under $3.30 looks like free money assuming NJ news today is good.

If it falls to $3.25 I'm gonna go all-in.

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02-26-2013 , 12:23 PM

#222

Duffman08

adept

Join Date: Nov 2008 Posts: 1,011

In like Flynn at 3.28.

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02-26-2013 , 12:29 PM

#223

savant111

veteran

Join Date: Nov 2008 Posts: 3,101

Just one caution on playing the the headline games. NJ passing the bill is probably priced into the stock.

Second keep in mind the general market is getting weaker right here. Should this correction gain momentum, there is a potential that ZNGA gets crushed regardless.

Technically and momentum wise the stock looks fine, but just keep those things in mind when considering position sizes and thinking about scenarios that can play out in the trade.

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02-26-2013 , 12:47 PM

#224

AngerPush

Carpal \'Tunnel

Join Date: Oct 2009 Posts: 32,050

Quote:

Originally Posted by savant111

Your advice about being priced into the stock goes completely above Amber's head. She thinks she is smarter than everyone else, remember?

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02-26-2013 , 12:54 PM

#225

amberdosh

banned

Join Date: Jan 2007 Posts: 924

http://news.cnet.com/8301-1023_3-575...s&tag=readMore

They're conceding the grinder market to stars and are going to try to make money by making their real-money poker a spam filled share and play with friends atrocity like their facebook poker. hopefully they're just trying to manage expectations and they understand grinders will play in a garbage dump on cards made out of used maxi-pads if the games are soft.

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