Anyone buying (bought) ZYNGA IPO?

[God of Thunder]

Thinking about getting in early, what says CP?

[htismaqe]

Zynga sucks.

Their delivery model is a bane to real gamers everywhere.

[Fat Elvis]

Zynga would be a good short. So yes, buying Zynga (after you've made a huge profit) is a good idea.


The company reported net income of $12.5 million in the third quarter ended Sept. 30, down 54 percent from $27 million a year ago,

[sd4chiefs]

I'm not buying any so it should go up 400% in price the first year.

[KCUnited]

Redcaps! I got your WMD's! Got that Zynga!

[JD10367]

For what they do, they do it well. They brought the "Farmville" phenomenon to iPhones and computers. They brought "Mafia Wars", which was big for a time. When those died down, they outScrabbled Scrabble by releasing "Words With Friends". I've been playing "Scramble" (their Boggle ripoff) for a long time now. In short, they seem to be capable of glomming onto the Next Big Idea and developing it faster than others--a very Apple-ish model of business. Yes, they'll only go as far as they can with their limited Flash/Java style of gameplay, but at least they're at the forefront of their area.

[veist]

I wouldn't want any part of Zynga, going to be significantly overvalued at $10bn. That's 10X their revenue for a company that is facing massively increased competition, has absolutely no brand loyalty and hasn't shown growth in over a year. And most importantly they have a major dependency on their "special" status with Facebook and Facebook in general for the majority of their business. Do not want!

[FD]

I don't know much about this stock, but if I wanted to learn more I would probably ask a Kansas City Chiefs football message board.

[htismaqe]

I wouldn't want any part of Zynga, going to be significantly overvalued at $10bn. That's 10X their revenue for a company that is facing massively increased competition, has absolutely no brand loyalty and hasn't shown growth in over a year. And most importantly they have a major dependency on their "special" status with Facebook and Facebook in general for the majority of their business. Do not want!

You also have to factor in that they're not a very employee-friendly company. They've geared up for rapid, rapid growth and aren't tooled at all for long-term viability as a publicly-traded company.

[BWillie]

All I know is if online poker gets legalized, and there is Zynga Real Money Poker. I'm quitting my job immediately.

[T-post Tom]

Thinking about getting in early, what says CP?

There's a bad ED joke in there, somewhere.

[jidar]

Zynga is a sucker bet long term.
Their name will get them a ton of buyers though so short term you could see some profit. Risky though because everyone knows that so everyone is going to be trying to get out first.

[Fat Elvis]

I hope the mods don't consider this an unnecessary bump, but hindsight is 20/20. I really wish I had followed my own advice.

http://finance.yahoo.com/echarts?s=ZNGA+Interactive#symbol=znga;range=1y;compare=;indicator=volume;charttype=area;crosshair=o n;ohlcvalues=0;logscale=off;source=undefined;


Just curious if God of Thunder bought the stock.

[qabbaan]

Zynga is a loathsome company with no sustainable business model.
Posted via Mobile Device

[loochy]

Is that the new cholesterol drug?

[L.A. Chieffan]

Zynga is a loathsome company with no sustainable business model.
Posted via Mobile Device

dont they take over other successful games and apps, turn them into shit and then reap the rewards. id say theyre trying at least

[Mr. Laz]

depends on how long you're locked in

[-King-]

There was no reason to buy the stock of a mobile gaming company. People play cellphone games for about a week before they get tired of them. There's no way for Zynga to keep up with newer and better games.

[Rain Man]

I have a policy of never buying an IPO. Optimism is always too high at that stage of the game.