Contemplating my business/loan disasters of last year.1@
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It is clear to me we're basically falling because of apple falling.. AAPL at $558 now..
I hope so... I just know that this stock is scary as hell.. in a blink of an eye it went down to 2.25...
This company has always tried to be on the up and up.. I wonder if it will try to boost our confidence.
I know it can do a lot of damage to the price, but I guess I'm just wondering if this is artificially dropping.. just perplexed that the volume isn't a lot higher.
The volume isn't that high right now for GLUU... One would think if it was really bad, the volume would be a lot higher... Just feels like total manipulation.
The average volume is 4 million/day.. right now it is barely over a million.. I know day is not over yet.. but for the price drop I'd have definitely expected much larger volume.
Wondering if AAPL going down so much is also causing GLUU to plummet?
Doesn't seem like a coincidence... Maybe they're worried that GLUU will lose a lot of potential players as Apple loses more ground?
Do we know what happened to that big investor? that bought all those shares in GLUU a little while back?.. is he still in?
This is a really frustrating stock.. seems to be fairly easy for people to manipulate it? No idea, but we seem to be hovering in a range I hadn't imagined it would.
What events or news are we waiting for from this company? Anyone?
Well, if it was a gift, I didn't capitalize on it...but if it dips down there again, I will buy more..
Isn't it illegal to manipulate the market like that?
Dunno what your l2 says.. but mine says 58k shares on bid...
Does anyone have any insight as to why we're free falling right now?
Touched a low of 2.39 just now.. hmm..
I don't think it quite works as easily as wishing for them to be successful... I'm in this industry as well with my company.. GLU also runs their company out of San Fran, which is expensive.. We'll see, for now I have a small position, will not increase it until something significant happens.
Decent day for GLUU... Decent support.
Well.. I don't see it going there.. that would indicate GLUU moving towards a failure of a business altogether... if it fell there, I don't think I'd add since it wouldn't be a good investment anymore.
I'm expecting a loss of 4 cents for the fiscal year... My guess is 2.3 - 2.4 is hard bottom..
Well... I bought in... 2.51 ..
We'll have to see where it goes, my position is small... I'll add more if I see more substance.
http://www.marketwatch.com/story/facebook-puts-zynga-in-the-doghouse-2012-10-23?link=MW_latest_news
Not sure if FB is being down on zynga here... 7% is still a lot of revenue.
Be safe... right now more partnership with facebook is priced in... especially after this earnings thing...
Watch out for any hint at Zynga doing a full separation from facebook..
Good luck to you man.. I hope you and everyone here makes money... I'll jump in eventually, just feel unsafe right now.
Ah.. thanks.
AH is wildly swinging.. I don't understand what's going on.. one second it hits 2.11, then 2.3
Yep.. this is actually good news.. I've not bought in yet... still nervous about how the public will take this news, but I think it is good..
Just between us.. this is a really good sign... Once they fire 2500 people, I'll be super happy and bet the farm on this company...
Dow dropped hard today... hmm
The problem is I think ville's are dead... People associate ville games to spam and crap... I've suspected this to be true for a long time and even though numbers are increasing for it at the present time, I expect it to short lived. Right now most of the rise in numbers can be attributed to cross promotion efforts by Zynga.
Company risks
1) Heavy dependance on FB which accounts for over 90% of ZNGA revenue - no partnership and revs have drastically fallen here (mobile is where money is now)
2) About 2% of players pay to play (This is usually the case in mobile free to play as well... about 3 - 5% actually)
3) Complex share structure, 3 classes of stock, all majority voting rights belonging to the CEO - Yep, he didn't do us justice with his class C shares
4) High selling pressure after lock up expiration lack of ethics and trust... check
5) Highly acquisitive and not really expecting this to change true
Competitive risks - I don't think they're number one anymore..
- Competition from the following: EA, Rovio, Gameloft, Gluu, etc. while competiting with broader pc/console game publishers such as activision, blizzard, ea, take two, thq, ubisoft. etc.
I'm really sorry about this... I do think next year it is bound to go up... or at least dead cat bounce to 5 or 6... right now, I think it visits $2.
Hmm.. I was afraid it was a sell... this is not good. A $5 million dollar sell like that doesn't come from the retail investor usually.. I wonder what in fact is coming down the pipe for us..
Is this a misprint?
2,099,650 share sell at 2.30 AH? or is that a buy?
I hope you're right, but the data doesn't show that right now. FB hasn't come out stating yet that they've separated from Zynga, or vice versa. When that happens, both stocks take a decent hit. In my opinion, once Zynga announces that and then announces that they've laid off 2500 employees, I'll jump in and bet the farm.
Maybe Zynga will have better luck in the "suing people" business than the "having them play online" business...
What a sad state of affairs this company has become...
Couldn't they just reverse split the bloody stock at 1 for 75 million?
Then as long as no one investor has 75 million shares, they'd have a fraction of shares and zynga would have to pay them out?
Isn't this the case?
But in this case, Zynga can't afford to pay like $1.5 billion to investors.. so .. they might try to bring the price of the stock down even more...
This is horrible.
Would Zynga going private hurt the stock right now?.. I know I posted my opinion on it before via them doing a huge reverse split.. but what's your opinion?
Be careful with this one tho Tom... Just in case.. I don't think this falls below 2.7.. but their earnings might cause it to fall a bit before it rises after nov...
I'm confused, what news are you referring to? Message board posts by couple yahoo members?
I hope the stock price goes up, I hope things get better for Zynga, but right now things look grim. November I believe the lawsuits come into effect. I don't think the lawsuits carry much merit though, but that along with the negative earnings might push the stock down to $2.1 or below.
I've been in the gaming industry for about a decade now and I don't think it is in Amazon's or anyone's best interest for that matter to buy Zynga out.
For a bit more money they can buy EA (EA has way more talent and a whole roster of legitimate games).
Ah, it is a user post...
Can you please post the link to this story?
The buyout price would probably be $12 - $14 if you're talking around $10 billion valuation..
This is a bullshit patent that means nothing.. sorry.
plus I know most of the people on that idiotic "inventors" list... most of them couldn't invent their way out of a paper bag and many left Zynga a long time ago. This is just a cheesy attempt at suing people that compete with zynga in the future...but zynga almost always loses these...