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ZNGA - Zynga Inc - Page 13

post #241 of 370
Quote:
Originally Posted by binks View Post

on fire!

 

750 @ 5.18

 

analyst upgrades

this is going to bust that 20day

not today but next week

 

out at 5.51

had a moving stop on this

post #242 of 370

Bought in @ 5.50 on Friday, holding for 6 and we'll see what happens next. I saw the momentum and couldn't help myself.

post #243 of 370

DAmn

getting killed again

post #244 of 370

nice move

post #245 of 370

Zynga Plummets to All-Time Low on Earnings and Outlook Misses

http://www.cnbc.com/id/48325762

700

Quote:
Zynga plummeted to an all-time low after reporting earnings that fell short of expectations and a much weaker outlook.
 
The social and mobile gaming company reported earnings of a penny per share —  Wall Street was looking for 5 cents — on revenue of $332 million, $12 million less than expected.

But what really dragged on the stock is the fact that the company lowered its outlook for 2012, saying it now expects bookings in the range of $1.15 billion to $1.225 billion, far short of the up to $1.5 billion Wall Street expected.

 

(Click here for the latest after-hours quote.)

 

Now the company’s projecting non-GAAP EPS for the year in the range of 4 to 9 cents, just a fraction the 26 cents that’s Wall Street’s consensus. 

 

What happened?

 

The company says its new numbers “reflect delays in launching new games, a faster decline in existing web games due in part to a more challenging environment on the Facebook web platform, and reduced expectations forDraw Something.”

 

Zynga’s business is intricately intertwined with Facebook [FB  29.34  watchlist_up.gif  0.89 (+3.13%)   realtime_icon.gif], which is why this news of a weak quarter also dragged onFacebook shares after hours, pulling FB stock down as much as 8 percent 24 hours hours ahead of its first quarterly earnings report.

 

Zynga’s user numbers actually surpassed expectations — daily active users increased 23 percent year-over-year to 72 million, monthly active users grew 34 percent to 306 million and monthly unique users grew 27 percent to 192 million.

 

While all three of those metrics were higher than analysts projected, the problem for this quarter’s results is the fact that the amount that those gamers were spending to play Zynga’s games actually declined year-over-year, to far less than expected. The key metric of “daily bookings per average daily user decreased 10 percent to $.046 in the quarter.

 

What’s Zynga’s plan?

 

CEO Mark Pincus said the company “faced new short term challenges which led to a sequential decline in bookings. Despite this, we’re optimistic about the long-term growth prospects on mobile, where we have a window of opportunity to drive the same kind of social gaming revolution that we enabled on the web.”

 

Translation: Zynga is betting big on mobile, an area Pincus is sure to stress on the earnings call. Another focus for future growth Pincus is sure to mention: advertising. The company points out it grew ad revenue 170 percent year-over-year.

post #246 of 370

This is going to open about 70% down from its IPO price...

post #247 of 370

Holy crap. What a dog

post #248 of 370

Yummy. Think I'll cover my short from $10 now.

post #249 of 370
Going to pennies
..1$-.6

Will do a stock offering in a year or so

FB buy will happen FAST as it shows FB potential
post #250 of 370
genius analyst just on cnbc downgrading from outperform to neutral now that its down 80% in 5 months rolleyes.gif
post #251 of 370

pennies...

 

add yelp and groupon, renn

 

FB 15$ 

post #252 of 370

is it sad that i think grpn is a good buy....(not at these levels..but overall of the shit stocks...

 

its gotto be taken over sometime

post #253 of 370

OMG

 

 

post #254 of 370

omg!! omg!!! .. sorry dont play farmville. lol.

post #255 of 370

noooo way!!!!!!!

 

this is deff going to save them!

post #256 of 370

I'm not much of a rumor fan / monger if you will but FB to buy ZNGA is in circulation again. The word is $5.00 a share if such a deal should unfold... trade at your risk. It is flipable I'll give it that.

Facebook knows Netflix. CEO Reed Hastings sits on Facebook's board. Integration of the two companies would make it easier for Netflix to grow as it continues its global push, while Facebook expands its influence beyond the desktop.
 
Zynga (Nasdaq: ZNGA  )
Oh, yes. I went there.
 
Zynga joins Groupon as busted IPOs that trade at a sliver of their original debutante prices, yet can back up nearly half of their current market caps with balance sheet greenery.
 
The social gaming leader behind CityVille and Words With Friends is clearly out of favor, but it still accounts for a good chunk of Facebook's business outside of ad revenue. One can rightfully argue that Facebook shouldn't play favorites by snapping up the top producer of Facebook apps. There's some deep merit to remaining developer agnostic. However, acquiring Zynga would be a smart way to make sure that it doesn't come up on the losing end of the equation, as casual and social gaming migrate to smartphones.
 
Ready those bidding cards
A year ago, $10.2 billion wouldn't be enough to buy Groupon, Netflix, or Zynga.
 
Today that's enough to buy all three companies combined -- along with Ancestry.com as a door prize.
 
Are there opportunities to be had in snapping up privately held darlings that can't go public to raise money in this environment? Absolutely. However, there are plenty of publicly traded bargains there for the bidding.

post #257 of 370

hummmmm

 

 

..im listening...

 

let us discuss

 

 

Zynga Inc (NASDAQ:ZNGA - 3.11) was heavily targeted by option players on Friday, with calls and puts trading at four times their respective average daily volumes. By the numbers, calls emerged as the favorite, with roughly 56,000 contracts changing hands. Meanwhile, around 25,000 put contracts crossed the tape.

More than 11,700 contracts traded at the October 3.50-strike call, which accounted for about one-fifth of the day's total call volume. The majority of these contracts crossed at the ask price, and open interest jumped by 7,624 over the weekend, indicating that new bullish positions were created. By buying these calls to open, speculators expect ZNGA to muscle above $3.65 (the strike plus the volume-weighted average price of $0.15) by October expiration, representing a 17.3% premium to its current level

post #258 of 370

Social-media gaming company Zynga Inc (NASDAQ:ZNGA) has countered a copyright-infringement lawsuit filed against it by Electronic Arts Inc. (NASDAQ:EA) with its own allegations that EA tried to pressure Zynga into a non-hire agreement.  http://www.stoxline.com/quote.php?symbol=znga

post #259 of 370

the price today..makes it look stable...for a pos!

 

last couple of days were shorts exiting for sure!! and now we add the call volume....which is less risky (yea yea yea)

 

short term lets see a drop...a 20% gain in a couple of days is not sustainable...again this is a pos at its MAX!!!.....lets see how the options/stock buyers work out RIGHT after the drops

 

i  personally dont think FB will buy....100% o buy..esp with instagram done pretty recently and their stock price in the shitter..with a lockout ending..they dont know whats gunno happen ......a FB 50% is more than possible and thatwill be a cuase for concerning buying a crappy ass game site that they can have in a year later for 1/2 the price

 

anothr thing is..its not what i think..but what the market does...

 

 

i still say long term...jan/feb we will be at 1$

post #260 of 370

giving back all its gains...on a...........????...buy?? riteeeeeeeeeeeeeeeeee

 

 

Zynga Inc. (ZNGA), the largest maker of games played on Facebook Inc. (FB)’s social network, has agreed to acquire San Mateo, California-based game maker A Bit Lucky Inc., two people familiar with the matter said.

The purchase could be announced as soon as today, said the people, who asked not to be named because the terms were not disclosed.

Zynga Chief Executive Officer Mark Pincus has used deals to expand into new markets and add developers to its ranks. At least eight managers have left since early August after a second-quarter earnings report missed analyst expectations and showed slowing sales. The company’s shares have declined 68 percent since its December initial public offering, as of Sept. 14, eroding the value of equity used to compensate staff.

San Francisco-based Zynga paid $180 million to acquire OMGPop Inc. in March, after spending a combined $147.2 million for 22 companies in 2010 and 2011.

Dani Dudeck, a spokeswoman for Zynga, declined to comment.

A Bit Lucky is backed by venture capitalists including Accel Partners, Rembrandt Venture Partners, and Blumberg Capital, as well as Japanese game maker Nexon Co. (3659), according to its website. The developer has less than 50 employees, according to its page on LinkedIn Corp. Earlier this year, it partnered with Nexon to make one of its games, Lucky Space, available to Korean users.

 

 

how are these guys NOT going under?!!!!

 

im curious...

 

what a wallstreet scam here!!!

 

im bringing my price target down to 0.10$

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