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ZNGA - Zynga Inc - Page 8

post #141 of 363

hello Zynga..please stop facking around and pick a side!!

post #142 of 363

It looks like ZNGA may have already picked a side, the upsidetongue.gif

Quote:
Originally Posted by ze20001984 View Post

hello Zynga..please stop facking around and pick a side!!

post #143 of 363

not convinced yet....still holding both...

 

might be the residual of the lockout

 

but i agree 100% on the FB comments lifting it

post #144 of 363

gimme 7

post #145 of 363
the trend is quite bearish
post #146 of 363
Quote:
Originally Posted by ze20001984 View Post

not convinced yet....still holding both...

might be the residual of the lockout

but i agree 100% on the FB comments lifting it

gee thx
post #147 of 363
Quote:
Originally Posted by ze20001984 View Post

gimme 7

course at 7 you'll say gimme 6 lol
post #148 of 363

Zynga Inc (NASDAQ:ZNGA) shares were trading at $8.33 while reporting down 3.70% from yesterdays close. The 15 analysts offering 12-month price forecasts for Zynga Inc have a median target of 13.00, with a high estimate of 17.00 and a low estimate of 7.00. The median estimate represents a +56.06% increase from the last price of 8.33. The current consensus among 19 polled investment analysts is to Hold stock in Zynga Inc. This rating has held steady since May, when it was unchanged from a Holdrating. Analyst forecasts for current quarter earnings per share estimate are $0.06. Analyst forecasts for current quarter sales estimate are share are $344.5M

 

Yoshikazu Tanaka, Japan’s youngest billionaire and founder of Gree Inc. (3632), lost $702 million today after his social-gaming company plunged by the daily limit in Tokyo on concerns one of its sales methods may be illegal.

Japan’s second-biggest operator of social games fell 500 yen, or 23 percent, to 1,651 yen, the biggest drop since its December 2008 listing, according to data compiled by Bloomberg. That wiped out 56.1 billion yen ($702 million) from the value of the 35-year-old Tanaka’s shareholding, based on calculations by Bloomberg.

Gree led drops among Japanese game-related companies. The Consumer Affairs Agency is considering whether a sales method called “complete gacha” violates the law, Kazuyuki Katagiri, a section chief at the agency, said by phone today. The Yomiuri newspaper said May 5 the agency will ask social-network game operators to stop using the system because it prompts customers to pay excessive fees.

“The companies may need to change their business models,” Masamitsu Ohki, a fund manager at Stats Investment Management Co., a Tokyo-based hedge fund, said by phone. “Companies shouldn’t rush to expand, as the very existence of social games is being questioned and that would deter some investors.”

Tanaka was the youngest billionaire in Japan with an estimated fortune of $3.5 billion, Forbes magazine said in March. His 48.18 percent stake in Gree is worth $2.32 billion after today’s rout.

post #149 of 363

Nice bounce in process, be happy for us ze!

Quote:
Originally Posted by ze20001984 View Post

Zynga Inc (NASDAQ:ZNGA) shares were trading at $8.33 while reporting down 3.70% from yesterdays close. The 15 analysts offering 12-month price forecasts for Zynga Inc have a median target of 13.00, with a high estimate of 17.00 and a low estimate of 7.00. The median estimate represents a +56.06% increase from the last price of 8.33. The current consensus among 19 polled investment analysts is to Hold stock in Zynga Inc. This rating has held steady since May, when it was unchanged from a Holdrating. Analyst forecasts for current quarter earnings per share estimate are $0.06. Analyst forecasts for current quarter sales estimate are share are $344.5M

 

Yoshikazu Tanaka, Japan’s youngest billionaire and founder of Gree Inc. (3632), lost $702 million today after his social-gaming company plunged by the daily limit in Tokyo on concerns one of its sales methods may be illegal.

Japan’s second-biggest operator of social games fell 500 yen, or 23 percent, to 1,651 yen, the biggest drop since its December 2008 listing, according to data compiled by Bloomberg. That wiped out 56.1 billion yen ($702 million) from the value of the 35-year-old Tanaka’s shareholding, based on calculations by Bloomberg.

Gree led drops among Japanese game-related companies. The Consumer Affairs Agency is considering whether a sales method called “complete gacha” violates the law, Kazuyuki Katagiri, a section chief at the agency, said by phone today. The Yomiuri newspaper said May 5 the agency will ask social-network game operators to stop using the system because it prompts customers to pay excessive fees.

“The companies may need to change their business models,” Masamitsu Ohki, a fund manager at Stats Investment Management Co., a Tokyo-based hedge fund, said by phone. “Companies shouldn’t rush to expand, as the very existence of social games is being questioned and that would deter some investors.”

Tanaka was the youngest billionaire in Japan with an estimated fortune of $3.5 billion, Forbes magazine said in March. His 48.18 percent stake in Gree is worth $2.32 billion after today’s rout.

post #150 of 363
Thread Starter 

My wife has been playing this game lately:

 

Draw Something Loses 5M Users a Month After Zynga Purchase

 

We may be seeing the beginnings of a lesson as to why it’s not always the best idea to buy your competition outright. Mobile giant Zynga’s game development philosophy has always been, “If you can’ beat ‘em, buy ‘em,” followed by the less welcome “If you can’t buy ‘em, clone ‘em.”

 

In short, for nearly every game that hits number one on the mobile charts, Zynga will try to buy that company, and if they can’t, they’ll just make an eerily similar version of the game themselves. Most recently, Draw Something developer OMGPOP agreed to a Zynga takeover for the cool sum of $200M. Draw Something was exploding in popularity, and the purchase seemed like a good bet.

 

But now the move might seem equivalent to a company buying huge amounts of stock in Pogs or Members Only jackets without realizing that some things that are popular are merely fads. When you buy a company based on one specific success rather than a string of proven titles, you’re setting yourself up for potential disaster.

 

http://www.forbes.com/sites/insertcoin/2012/05/04/draw-something-loses-5m-users-a-month-after-zynga-purchase/

post #151 of 363

Perhaps you are correct Jock-e,

 

Or perhaps not.  Consider this, a company like OMGPOP has to be good for more games equivelent or better than draw this.  Just imagine how the investment world would or will react with this taking place!

 

 

 

 

Quote:
Originally Posted by StockJock-e View Post

My wife has been playing this game lately:

 

Draw Something Loses 5M Users a Month After Zynga Purchase

 

We may be seeing the beginnings of a lesson as to why it’s not always the best idea to buy your competition outright. Mobile giant Zynga’s game development philosophy has always been, “If you can’ beat ‘em, buy ‘em,” followed by the less welcome “If you can’t buy ‘em, clone ‘em.”

 

In short, for nearly every game that hits number one on the mobile charts, Zynga will try to buy that company, and if they can’t, they’ll just make an eerily similar version of the game themselves. Most recently, Draw Something developer OMGPOP agreed to a Zynga takeover for the cool sum of $200M. Draw Something was exploding in popularity, and the purchase seemed like a good bet.

 

But now the move might seem equivalent to a company buying huge amounts of stock in Pogs or Members Only jackets without realizing that some things that are popular are merely fads. When you buy a company based on one specific success rather than a string of proven titles, you’re setting yourself up for potential disaster.

 

http://www.forbes.com/sites/insertcoin/2012/05/04/draw-something-loses-5m-users-a-month-after-zynga-purchase/

post #152 of 363
post #153 of 363

WOWWW...

 

note #2...if markets get more red..FB delays IPO...

 

zynga reachs SUPER NEW LOWS

post #154 of 363

I purchased some at $8.33 on Friday. Should have waited hmm.gif

post #155 of 363

Got some of those cheap shares yesterday, amazing how far this has gone down since it was at $13, hopefully the great news starts to sink in the PPS soon!  Your entry is still not bad long term.

 

 

I purchased some at $8.33 on Friday. Should have waited hmm.gif

post #156 of 363
If your doing zynga for FB ipo and not bc of zynga

I recommend socl

It has other social networks but much less speculative
post #157 of 363

Some nice afterhours action, some decent buys, recouped a little gain from earlierwink.gif

post #158 of 363
Nope....looks bad
The FB ipo isn't lifting it to new highs at all
post #159 of 363

Nice bottom fishing daywink.gif

post #160 of 363

errrrrr rightttttt

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