Also in this playlist...
This transcript is automatically generated
For Zynga spent in pigs here and Barney and company and neither can.
Tell -- -- and Barney regular Larry officials and want want to listen to this.
I don't believe that I believe -- that is gonna crank I still believe it will crank.
You're thrown -- phantom -- exists is Rolls Royce phantom revenue.
Our Larry thing is -- 75% now the do say crash according.
I believe Zynga is gonna crack if you look at it now OK I said less smile was on I was gonna pick it up which -- did.
At two and a half it's now what the physical value of the stock the physical cash holdings -- real estate so many would say.
That could be of value trap.
It's not I don't see it is of value trap but listen you make money in the market as you know on fearing chaos that's -- make money but can you make it on -- picks -- -- I don't wanna -- world can you make it on a fake bonds and Rolls Royce phantom revenue -- big revenue.
So absolutely they can't make money the upside here is in the on the line gaming so you're betting that they're gonna get -- online -- the going into online gaming in Europe the first quarter of of next year.
It's gonna be huge in the US eventually will come through so this a couple ways you gonna make money now as not a value try to find it now you're.
Can we just -- -- -- is saying Zynga itself is saying that their bookings are down near miss.
They're missing their estimate some bookings and -- down 75%.
From their IPO and they're also saying to reduce performance of our live web games are not up to speed your -- their results -- you're saying wait till next year right well well.
Saying is they said that the -- they gave got its say that they're going to be flat the next two quarters and the reason for that is they told you that was gonna happen they said because they need to monetize the mobile.
So to a things need to happen.
Online gaming needs to happen or I believe what's gonna happen I said last -- -- I believe FaceBook.
Is going to buy them for shareholder value with a -- -- wouldn't have to off from a huge premium at this price OK you know before -- -- -- go -- People bought the stock along with you.
And they want to know what to do some big seller bite the bullet I know you're not what you advocated averaging down there.
Right now I think if you -- you gonna short against your barrel do you buy it now with 240.
You're gonna get a pop on knows every time online gaming you can go ahead and get a 45 dollar pop or you could wait for FaceBook to buy into tablet but at least -- two dollar stopping by here you gotta protect yourself announcement on this yet.
Yet at the -- but I -- I don't wanna live -- And not singled out -- Elizabeth why did you buy it if you buy here you put it on itself because they've got some great things in the pipeline.
Larry that believe -- okay.
Filter by section