Saturday, September 15, 2012 12:08:01 AM
I've never pumped Zynga... don't plan to now especially since I know things about the company that I know to be true. I do think they have a shot at salvaging things with real money gambling, but only if they act soon. They're already behind on that front. The technology needed for rmg, they do not have. I know what their poker tech is all about, I wrote some of the code in that mess. It isn't code that would pass muster when real money is involved. So they will have to acquire tech/company. Maybe they're trying to acquire 888, that would be a boost to the company and be good for the stock. Maybe that's what is happening.
Do you know how far behind they're on mobile? A lot further than they would have you believe. Are they going to buy out GLU? GLU has a fair bit of crap on their books too, so that wouldn't be a good acquisition.
Let me put it this way, I don't expect the earnings in 2 weeks to be good. I expect it to be bad. Facebook spoke good about the company, but they also mentioned how they basically screwed Zynga over by turning off their virality. Do you know how much Zynga has to spend to acquire a user now? Know how many clicks it takes to get to farmville? These are not positive signs and I'm learning about some of these things just now... No matter what happens with the stock, I'm holding these shares for the long haul, but I'm sick of them making mistake after mistake.
On a positive note, I do think there could be a huge short squeeze that could take the stock up to 3.50+
FEATURED Cannabix Technologies Launches New Compact Breath Logix Workplace Series and Prepares for Delivery to South Africa • May 7, 2024 8:51 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM