Zynga (ZNGA): Q2 EPS of $0.01 misses by $0.05. Revenue of $332.5M (+19.1% Y/Y) misses by $11.6M....

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Whitehawk Comments (2799)
 
This was not unexpected. Pincus' recent interviews gave this possibility away. DeltaN paying off to the downside.
25 Jul 2012, 04:38 PM Reply Like

SoldHigh Comments (684)
 
A little insight of long-term target for FB imo
25 Jul 2012, 04:39 PM Reply Like

Chris Lau Comments (1136)
 
I've called (FB) a sell since Feb/2012, but started to get speculative on (ZNGA) after it head below 5. I was wrong.

When FB reports tomorrow night it's going to be very messy. The only way shares will be green is if earnings were "less bad." Great for the short-term, but the long-term is negative for the company. See Google+.

I grew 300% (to 350) on Google+ followers...in the last MONTH:
http://bit.ly/Q5wi4K

On facebook, my new "friends" adds is 1 or 2.
25 Jul 2012, 04:46 PM Reply Like

Glenn Abrett Comments (690)
 
exactly me -- have made $ betting against fb but thought znga was a good speculative play to the upside. Woops. Only a pittance. Hoping FB gets murdered tomorrow along with amzn -- the most overvalued overhyped stock since the dotcom bubble. Amzn will probably miss expectations, lose money, guide lower and rise 15%.
25 Jul 2012, 09:30 PM Reply Like

GaltMachine Comments (924)
 
Wow. Now that's having your head handed to you if you are a holder of this stock.
25 Jul 2012, 04:46 PM Reply Like

winningtrader Comments (2268)
 
But look at the earnings, EPS for 2012 ~ 5 cents. FWD P/E is still ~ 60. This doesn't look cheap. Do they have any growth at all? Costs are sky high and the insiders will need to sell. ZNGA (and I have no position and no plans to trade it) should be worth something like $0.50.
25 Jul 2012, 05:42 PM Reply Like

Micah Comments (368)
 
If you buy a company whose business model involves selling people digital farm animals online, you deserve to lose 40% after-hours.
25 Jul 2012, 05:18 PM Reply Like

winningtrader Comments (2268)
 
Perhaps the money goes into feeding the animals? The price of corn has gone through the roof.
25 Jul 2012, 05:48 PM Reply Like

mjk0259 Comments (597)
 
Well, it does cost them almost zero to make those animals. I read some stories where they make a couple hundred thousand dollars off of one user selling them bs like a gold plated machine gun for mafia wars or similar seemingly pointless clicking games. Personally, I prefer Civilization but I'm an old guy.
25 Jul 2012, 08:10 PM Reply Like

bearfund Comments (1537)
 
No, you deserve to lose 100%. But every journey begins with a single step.
25 Jul 2012, 09:35 PM Reply Like

gjasick Comments (119)
 
I have always watched ZNGA stock, but I would never buy it. Only stock I have that is close to ZNGA is GLUU, but GLUU has a very different business model. The bad news from ZNGA actually had a huge negitive impact on GLUU after hours for a short period of time.
25 Jul 2012, 05:23 PM Reply Like

Mbrillo1 Comments (322)
 
Hold on! Here it is: I WAS WRONG!!!
25 Jul 2012, 06:04 PM Reply Like

Sebanightwish Comments (830)
 
I said many times here in seeking alpha: Do not trust in Zynga, so here is the result.
I got tired of noticing, no trust, no trust, no trust in Zynga. Given the numbers of today ...
25 Jul 2012, 06:30 PM Reply Like

TruffelPig Comments (3253)
 
OK, if ZNGA is now at $3 and has like $1.2 in assets that would make $1.8. Given that they will earn like 6 cents/share the P/E is like 30. If they grow 20% (IF) their PEG is still like 1.5. That is still not cheap.
25 Jul 2012, 06:47 PM Reply Like

mjk0259 Comments (597)
 
Yes, they are still priced for spectacular growth but given the huge number of games that don't involve constantly paying money for something available as apps, I don't think that's going to happen. I'm too cowardly to short it though. Tried that during the internet boom and lost my ass.
25 Jul 2012, 08:13 PM Reply Like

bearfund Comments (1537)
 
You will never see those $1.20 in assets. They will be used to pay salaries during the money-losing times to come, along with various other wasteful and hopeless activities. The only way you'll ever see a distribution from this stock is if they can find someone dumb enough to buy the whole company, and there's no way that deal gets done at $3 a share.
25 Jul 2012, 09:37 PM Reply Like

Jeremy Johnson Comments (764)
 
$95 million of stock option expense in one quarter ... 28% of revenue. Crazy.
25 Jul 2012, 07:18 PM Reply Like

kpludwig Comment (1)
 
What's about trust? We are all manipulated. Also stocks ...... specially in this one ... 3 USD .. crazy ...
25 Jul 2012, 08:44 PM Reply Like

marcinz Comments (34)
 
who cares it`s not a long term hold even the employees know that ...made me 20% return in the last week :)
25 Jul 2012, 09:15 PM Reply Like

David Jackson Comments (1115)
 
Perhaps this illustrates the danger of investing in a company which is massively dependent on another company for its revenues (in this case FB). You have to slap a massive discount on the multiple for that.
26 Jul 2012, 06:39 AM Reply Like

Michael Haltman Comments (9)
 
Statements made by Wall Street analysts after the Zynga earnings release conjured up memories of the time before the tech bubble burst, a time when analysts were stock price cheerleaders rather than being fiduciary protectors of their clients money.

What do the Zynga earnings portend for todays Facebook earnings?

Read here:"Wall Street, Zynga, Facebook and 2000 tech bubble redux?": http://bit.ly/QJSzdd
26 Jul 2012, 09:03 AM Reply Like

sil0730 Comments (3)
 
I've been in the market all my adult life and never experienced so much minipulation. I'm hung up on this word " earning estimates". Why does this word have so much influence, has never been right!

This stock has been slamed ruthlessly. I suspect action in the affirmative.

Investors are looking no farther than their nose. I see lots of potential with online poker. The greedy casinos want this action.
27 Jul 2012, 02:38 PM Reply Like