April 17, 2012
SouthAmerica: Here are some of my postings related to Zynga and Facebook:
Zynga IPO
http://www.elitetrader.com/vb/showthread.php?s=&postid=3390115&highlight=zynga#post3390115
December 16, 2011
SouthAmerica: Zynga - another IPO and this is best Wall Street can come up with these days.
At least Zynga is a good example of the kind of company that Wall Street can relate to: the world of make believe, the world of illusion.
If you are a sucker then Zynga is the type of IPO made special for you.
Here is another Wall Street scheme set up to screw investors.
*****
About Zynga and Facebook
http://www.elitetrader.com/vb/showthread.php?s=&postid=3489717&highlight=zynga#post3489717
...April 1, 2012
SouthAmerica: The Dow Jones Industrial Average has been going up since March 2009, based only on Ben Bernanke QE1, QE2, QE3,...QE?, and all kinds of other US government intervention.
The secret of inflating your equity markets based on nothing, is having a Federal Reserve manipulating the markets in every way they can - and creating liquidity from thin air - based on an imploding economy.
Everybody is aware that the US empire is crumbling, and spinning completely out of control; the US economy is imploding, and it's kept alive by massive US government intervention, and a central bank that is trying to inflate the house of cards as fast as they can to be able to keep the game going for another day, before the entire old and obsolete structure comes crashing like never before.
In 2012 the US economy is being transformed based in a new economy that the best they can create today are companies such as LinkedIn (an internet rolodex), Groupon (a company specialized in coupons for shopping), Zynga (is the world's leading provider of social game services), Pandora (Pandora is the personalized internet radio service that helps you find new music based on your old and current favorites), Yelp (reviews site, you can review your favorite restaurant and so on...), and don't forget the coming Facebook IPO (Facebook is a social utility that connects people with friends and others who work, study and live around them).
This is the best that the US economic system can muster these days â a nothing economy, an empty shell with nothing of substance, a make believe economic system based on nothing with a banking system creating massive amount of liquidity also based on thin air.
*****
About Zynga and Facebook
http://www.elitetrader.com/vb/showthread.php?s=&postid=3493290&highlight=zynga#post3493290
...April 4, 2012
SouthAmerica: Mokwit, before you know "Embraer" will take over Boeing Corp. - the new company BoEmbraer...
What is left of useful US companies are for sale anyway - Budweiser, Burger King, very soon Boeing, and so on....
The new US economy will be based on Zynga - Americans will be able to buy a farm, in Farmville, and they also be able to buy real estate, in Cityville. Americans finally will live in a complete world of illusion. And they finally Americans will be able to conquer the world in this make believe world.
Americans will be able to connect to LinkedIn (the rolodex) and get any job they want since in that world of illusion you will be able to get a job as a rocket scientist, an astronaut, be any type of doctor, or even a policeman on Cityville and Farmville.
You will be able to use your Groupon coupons to buy anything you want in the Zynga world.
You also will be able to rate the restaurants, and everything else you want to rate using the Yelp service.
And this American make believe world of the future is what gives the value of Facebook of a possible 100 billion monopoly make believe dollars.
Yes, you will be able to use monopoly make believe dollars (the new US currency) to buy railroads, houses, apartment buildings, and so on in Atlantic City or in any of the Zynga Cityvilles.
Ben Bernanke probably still be Fed Chairman and he will be trying to blow bubbles as fast as he can with his new monopoly money; to inflate the prices of everything on this new American make believe world.
The Republicans are going to be happy with this new American make believe system since when senior citizens get sick they will be sent to a Zynga Hospital, and would be taken care by the Zynga doctors and Zynga make believe drugs and the system would use Groupon coupons and monopoly make believe money.
Zynga world is the future of the United States social-economic system - the world of illusion.
*****
April 5, 2012
SouthAmerica: Here is my reply to the above posting to a regular member of the Charlie Rose Show forum at:
http://www.charlierose.com/view/interview/12265
Gelles, I don't think that we both have gone mad.
But I am sure that the people on Wall Street have gone mad.
Zynga is a game company on the internet where you can buy a farm, or start your own city.
The company's top three games â FarmVille, FrontierVille and CityVille â accounted for 57 percent of online game revenue. Total revenue was $311.2 million for the quarter ending December 31, 2011.
Players can accept credit card offers, take surveys or buy services from Zynga's partners in order to obtain game credits, which would allow them to replenish their character's energy or receive premium currency that could be exchanged for other various virtual goods.
Players may also purchase game credits directly from Zynga via credit cards or PayPal. From within the game, players can purchase the points for a fee: US$5.00 for 21 game credits, for example.
In March 2010 Zynga started selling prepaid cards for virtual currency at more than 12,800 stores across the US.
This company started in July 2007 and went public in December 2011 and it has a market cap of around $ 10 billion dollars.
People are spending a lot of real money (if you still can call the US dollar real money these days) to buy virtual goods.
If Zynga represents the future of US job creation, then the United States job market is out of luck, since Zynga has only 3,000 employees, and 2/3 of them are located outside of the United States.
*****
LinkedIn is an internet rolodex that also has a US$ 10 billion market Cap.
Groupon is a company specialized in coupons and that company has a US$ 10 billion market cap.
But this latest internet bubble will reach its blow up point when Facebook goes public in May or June 2012 â they are estimating that Facebook will reach a US$ 75 billion to US$ 100 billion market cap right from its IPO.
That will be an extreme example of Wall Street gone mad, but the good news is that there are plenty of suckers out there who are willing to be taken for a ride.
âGoldman Sachs the Pillage Peopleâ stock is trading at $ 120 per share and P/E 27 â when that stock should be trading at most for P/E 14 that translates to US$ 63 per share â that stock should be trading at half its current market price.
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