Zynga Inc (ZNGA)

[Rawnoc]

They need to move out of that palace accross the street from the Adobe building. How expensive is that place? What a joke. Talk about corporate waste.

Most of their games are cannibalizing each other. It's the same shit over and over again between games.

But anyway they warned a net loss coming even without the write down. Based on my own data tracking things have gone from bad to worse and accelerating week after week. Even in their warning PR they are being dishonest a bit and misleading, bragging about the success of Farmville 2 but "forgetting" to mention its traffic was weak and pathetic until the last week of the quarter where they did a cross-promotion across all their games giving free reward points just for trying Farmville 2 once. Even that failed -- farmville 2 daily traffic peaked 2 days later I believe.