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Lol.. get used to waiting.. they missed the Christmas season.. epic failure. No product only empty promises.
Everyone should of seen this coming. .. warnings from longs for awhile now.
Rinse and repeat..
Shocked the longs even played this..
Of course there are delays....it doesn't exist... scam of the century for suckers.
100% correct .. this was an expensive pump and dump.. all the commercials cost them huge but the market can smell a rat a mile away.
Currently in Yahoo 39.5 calls 10/10/14 exp/ in @3.37, playing the alibaba (BABA)run. Looking into FB and Twitter calls after the BABA ipo. I think folks are selling these to get BABA
Just keep losing $.. I'll keep making it..
The market knows .. Apple up .. this has been cut in half .. Who is going to trust a nobody company ... nobody. Buy out is the only hope and the big boys don't need or want this company they already have it... This dog is dying. In addition, they did a ton of marketing that cost a boatload and had no product to sell .. that's a dumb thing to do. They should of did the marketing after they actually had a product .. bad management decision. Who pays for the hundreds of thousands in marketing .. you the underwater shareholder..
Nice board .. glad I found it!
Sure, and that's why MLB, MasterCard and so on have jumped onboard to Apple and Samsung's payment...... You can have all your credit cards in your phone, the digital wallet is now in the phone .. no need for this product...
game ...
set ..
match.
All party's share liability in a breach (learn the law). The market knows and the market has Apple and Samsung up and this scam down. Read the news, credit cards are on their way out but I would rather have a credit card then this junk, credit cards are water proof and who wants to keep this in their pocket and sit down and break it .. credit cards are flexible.
Sure.. Apple and Samsung are going to expose themselves to the liability of using a faulty payment process but this no name penny stock has it figured out.... sure.. that's funny.
Run as fast as you can.. Apple and Samsung will rule with nfc.
Sorry, not even anonymous can break biometrics or the hash encryption it uses.. I would know..
Your thumb print isn't secure? Riiiight....
He's a paid pumper like the others pumping this junk.
Your portfolio just got Hammered. .. Samsung and Apple use NFC. No need for this scam.
Wow... look at all the paid cheerleaders.
OK, It can run now (I don't think it will) .. I closed my options .. too many bigger opportunities from that market dip..
Remember, the company's revenue is dropping and they have nothing yet to pick up the slack. The valuation of the company as far as forward looking earnings is changed .. as of now there is no bottom..
Your joking right?
I TRIED, THEY SAID THEY DONT EXIST...
Ill concede and say that is a possibility but it will take a few quarters to get that to show on a balance sheet. Meanwhile the participation in Candy Crush subsides. For an investor it doesn't bode well. The market is in a "show me" frame of mind. All the tragedies around the world, a mobile game is far from center stage.
Honestly if I were the CEO I would take the cash they have and close up shop. They made millions, why risk losing all of it on a gamble on the next game in such a crowded space.
What an epic failure on this pump and dump. All the advertising for this non-existent product will surely get the SEC's attention. And the paid pumpers are hilarious, as the stock drops they cheer even louder .. how obvious.. Suckers born everyday I guess ...
OK so I approach you and say I have a company for mobile gaming, I had a product that is fading out of fashion and have no other games as of yet to be released. How much $ would you give me?
Seriously... a gaming console? And compete with the likes of Sony / Microsoft? OMG .. good luck on that.. would take years to develop the console and create the games.
I think the CEO is going to realize he is in a sinking ship and will take the $ and run.
I totally agree! They have NOTHING in the pipeline to pick up the slack. One of the analyst said yesterday that there is no reason for this company to be publicly traded ... this will find its way to the pink sheets.
My put options don't expire for another 30 days so I will ride this if I decide too. Maybe a dead cat bounce but I have a feeling this one trick pony is in for some pain. At a 165% profit as of right now I can afford to play it out.
Nope .. Death spiral..
LOL!! Anticipated earnings....Air travel is a necessity, online games are a fad. The CEO should, maybe will, take the money and run. This is just like Gpro, not the only game in town and not necessarily the best.. I shorted their earnings date as well.
People get caught in hype not fact. Facts point downward movement and the statement that you don't have time to research the competition clearly shows you are not buying based on fact .. just emotion... big mistake IMO.
Take a look at the competition in this space:
http://www.nasdaq.com/symbol/king/competitors
Too much out there to ensure King will have winner again. I agree, analysts are wrong more then right but they do get it right sometimes. IMO King has less value then Groupon which trades half of this. I will hold my put options for the downgrades that are coming.
Wait for the downgrades and unlocks. I day trade so I am not interested in waiting for a turn around. Too much $ to be made on a daily basis. I wish you luck in your investments. Just wait for those 2 factors before spending hard earned money on this.
Cheers.
Wait for the downgrades and unlocks. Then buy.. only a fool would buy with those factors in the near future.
Wait, you trade with no L2??? King's money maker is slipping away, they don't have another game coming out to pick up the slack. Even if they had one coming in a month the revenues wouldn't be seen in the next earnings .. this thing is going bye bye .. Why buy a company that has no product?
Listen to CNBC on what analysts are saying.... it tells the future of King.
I disagree, they have no purpose being publicly traded. The commodity that got them to where they are has finished it's cycle and the next great thing in gaming is not guaranteed to be from King. It's a very crowded space and investors know it. Unlocks coming, revenue falling yet monthly expenses stay the same.
You buy and I'll short (I'm holding my puts at a 165% increase) ... we will see how it comes out.
Credit card company's already include fraud protection and are chipping their cards. There are so many other alternatives to this and its not even waterproof. The expense of all the marketing has to be astronomical and to do it before you have product smells scam.
Also don't forget the shares from the unlocks coming. The divvy is good but so the more shares you have the more divvy you get .. and you can buy more shares if its at a cheaper price, shorts will drive this down I think.. there is blood in the earnings and this market punishes company's that beat earnings.
The divvy was in desperation as the numbers and outlook are bad. It's a one hit wonder and nothing in the pipeline until next year with no guarantee that it will be another candy crush as far as popularity, there really is no reason this is a publicly traded company IMO. I bought puts and am happy I did. Seriously, what are the odds that lightning will strike twice?
Candy crush was their claim to fame but it's over. Population's interest in games is short lived, look at Zynga, same space ... same story... no real value.
Then mortgage your house and load up. I play big boards and options and that alleviates the "Scam" factor. They will bring it down, do another reverse split and play the game again... Nobody gets rich in scams other then the owners of these plays.
My guess is its a scam.