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  • Mexican President Calderon sees no need to investigate allegations of bribery at Wal-Mart's (WMT) Mexican unit (WMMVF.PK) as this sort of thing is standard operating procedure in the country. OK, the President didn't say that, but did say the issue is a local matter. Meanwhile the DOJ rolls into action.  [View news story]
    The U.S. Foreign Corrupt Practices Act bans companies from paying foreign officials to get more business. The law has recently been targeted by lobbyists — including an arm of the U.S. Chamber of Commerce with ties to Wal-Mart.

    They are all going down. Any American involved is facing prison time. Wal-Mart is facing Global consequences and serious penalties.

    This is not a simple matter and Wal-Mart has got serious issues.
    Apr 24, 2012. 11:24 PM | Likes Like |Link to Comment
  • Mexican President Calderon sees no need to investigate allegations of bribery at Wal-Mart's (WMT) Mexican unit (WMMVF.PK) as this sort of thing is standard operating procedure in the country. OK, the President didn't say that, but did say the issue is a local matter. Meanwhile the DOJ rolls into action.  [View news story]
    Calderon has not commented on Wal-Mart. This article was a parody.
    Apr 24, 2012. 05:40 PM | Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    It is not up to them - it is up to the public. People get tired of games and websites. History is filled with these facts. I keep pointing to Myspace. If you want to invest in games - invest in Activision (ATVI) and Electronic Arts (EA). Both are old, solid companies that are not severely overvalued. They have actual programers that know how to make hits in house without having to steal every ones ideas.

    The big game Zynga is playing is the one they are playing at the expense of investors.
    Apr 24, 2012. 05:16 PM | Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    I don't agree. Facebook is not that brilliantly executed. Myspace was very popular once upon a time and was valued for Billions and recently sold for about a Million. No one uses Myspace now.

    Facebook is a fad. Nothing more. People get bored and move on.

    Zynga is loaded with cash. True enough. Are they earning it honestly or milking their 3%? Are they cheating at their own games to pad their pockets? It is quite possible, no one knows. The way they dump stock suggests to me that they know.

    ZNGA stock is dropping like a rock. If I was playing this hand I would sell short. I strongly believe this stock will bottom out at about $3 a share and stay there for a very long time. They can't buy every popular game and every time they have a press release their value drops.

    Zynga First Quarter 2012 Results Conference Call
    Apr 26, 2012 at 2:00 PM PT

    I will wager that by tomorrow the stock will be at $8.00 a share with a mad sell off Friday morning.

    Facebook wouldn't partner with a bad company? They just paid a Billion dollars for a single program that adds effects to an uploaded picture. They blow money like it was water. The guy that painted Graffiti in their HQ was paid in stock and will gain nearly $200 MILLION!!! People need to have their heads examined.
    Apr 24, 2012. 11:51 AM | 1 Like Like |Link to Comment
  • Why The Sell-Off In Wal-Mart Is Overdone [View article]
    I am in Mexico. Bribery is illegal here too. Just because bribery happens does not make it right. The market is showing it's disgust with Wal-Mart and this is a good thing.

    Wal-Mart in Mexico pays it's employees less 80 cents an hour. Yes you heard it right, they pay their employees less than 80 cents US for each hour worked.

    The price of a gallon of milk is more than Mexico Wal-mart employees earn in a day! All of their products are sold at the relatively same price in Mexico as they are in the USA yet their own employees can not afford to by their products.

    Wal-Mart is a horrible company.
    Apr 24, 2012. 10:44 AM | Likes Like |Link to Comment
  • Mexican President Calderon sees no need to investigate allegations of bribery at Wal-Mart's (WMT) Mexican unit (WMMVF.PK) as this sort of thing is standard operating procedure in the country. OK, the President didn't say that, but did say the issue is a local matter. Meanwhile the DOJ rolls into action.  [View news story]
    Actually it is not the way things are supposed to be done in Mexico. I am in Mexico. Bribery is illegal here too. Just because bribery happens does not make it right.

    It is not silly for the US to expect American companies to operate ethically in other countries. Actually there are laws in the US to make certain they do act ethically.

    Wal-Mart in Mexico pays it's employees less 80 cents an hour. Yes you heard it right, they pay their employees less than 80 cents US for each hour worked.

    The price of a gallon of milk is more than Mexico Wal-mart employees earn in a day! All of their products are sold at the relatively same price in Mexico as they are in the USA yet their own employees can not afford to by their products.

    Wal-Mart is a horrible company.
    Apr 24, 2012. 10:38 AM | 3 Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    http://bit.ly/JD3m5s

    http://bit.ly/JD3mlM

    http://bit.ly/JD3mlR

    Now you see many cases of video game addiction. All a company needs to do is target the players that have made a past payment and are likely to purchase again and the weak minded addicts will keep paying for their online crack fix. It is a fact.

    Many conversations are floating around Facebook and the Internet among people who like myself believe game makers are manipulating the games and targeting paying clients.
    Apr 24, 2012. 09:38 AM | Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    The point of this article was not to attack Zynga in particular but all of the entire industry of little game makers.

    If we don't have the USDA people will sell and slaughter their sick cows and pigs and contaminate the human food supply.

    If we don't have the EPA companies would dump their carcinogenic chemicals into your drinking water.

    If we do not have the Gaming Board watching Casinos then they will cheat the players.

    If we don't have the SEC Wall Street would screw every investor with impunity far beyond what it does now.

    If no one is checking the coding for game makers that are offering the new style of games that require a payment to advance in the games and offer virtual items then it is assured that people will be cheated. It is not fair to players if the games are manipulated to target paying clients. This is the reality. We all wish that dishonesty wasn't the human condition and that greed did not exist. Unfortunately, it is all quite real.
    Apr 24, 2012. 09:27 AM | Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    Actually it would be paid for by the industry just like the Gaming Board that oversees casinos.
    Apr 23, 2012. 09:49 PM | Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    Time line - add pictures - add sounds - create actions - not rocket science.

    They put little effort into creating games - their model is to steal everyone's ideas. Their new model has gone beyond theft into buying any little app that someone else created. OMG 200 Million a POP! They haven't created an original game in a very long time. Most of their past blockbusters were bought in previous acquisitions.
    Apr 23, 2012. 09:38 PM | Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    Mbrillo1 - Forbes published an article addressing Zynga's "Questionable Accounting" today. Most Investment Blogs are calling ZNGA an over priced wasted investment that has only made Insiders a hefty profit. The company dumped stock, screwed investors and depends on Facebook for 90% of its gross revenue. Draw Something has already peaked after they payed $200 Million for the game. Users on Facebook aren't playing the games according to another report (Use is way down).

    I can tell you what their 1st Quarter report is going to say - No profit. It's not the first time. I fully expect this stock to drop like a rock. If it survives $3 a share it will be a miracle.
    Apr 23, 2012. 09:32 PM | 1 Like Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    They do - all the time.
    Apr 23, 2012. 09:30 AM | Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    When you create a game, control the code, control the data base, servers and the odds of winning a game you can cheat your clients all you want too. Can Zynga do this? Absolutely, I don't need to go to their office to figure this out - there is no question.

    Security is also an issue, the Zynga forum is filled with "Account hacked" threads.

    Zynga tried to run their games on Yahoo!, Myspace and several other sites and failed. The only lifeline they have is Facebook.
    Apr 23, 2012. 09:29 AM | Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    If you type Google.com you can get all the education you need.
    Apr 22, 2012. 07:46 PM | Likes Like |Link to Comment
  • Zynga And The Lack Of Federal Oversight [View article]
    I am a programmer, one of the many languages I use is Action Script and it is easier to learn than Java and very similar in fact. Kids can and do know Java and Action Script. I find your personal attack against me rather amusing.
    Apr 22, 2012. 07:45 PM | Likes Like |Link to Comment
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