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Zynga down ~40% in after hours trading

69 点作者 tikhon将近 13 年前

8 条评论

overgard将近 13 年前
Good riddance.<p>I realize this isn't actually the end of them, but it's indicative of where they're going.<p>I think in the end, the narrative for zynga will be roughly this: they found a way to capitalize on markets that really weren't being served at all (last I heard, the average zynga customer was roughly a 43 year old woman -- not your average target market for games). And then they killed their own golden goose.<p>They offered an experience that was safe, accessible, and novel to people that had never gotten to experience games on those terms, and the market exploded.<p>The problem is, what they offered wasn't sustainable. Instead of parlaying their initial shallow success into advancing the art form, they tried to optimize it in a way that wasn't really ethical. Their games were designed to be exploitive in the same sense that gambling is exploitive (using the same cognitive mechanisms.) They expected that people would just keep coming back for the same reasons people become compulsive gamblers -- because they can't help it. But buying more trinkets in a game that makes you check up on it every four hours isn't the same experience as being a VIP at a casino and even for the most compulsive people I think the nature of a zynga game becomes pretty gross after a while.<p>So I guess I'd say they made bad games for ethically dubious reasons, and nobody in their right mind should miss them when they're inevitably gone.
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_delirium将近 13 年前
Not a good year for investors in newly public tech companies... of big IPOs in the past year, Zynga is down 70% from the offering price, Facebook is down 30%, and Groupon is down 55%. Seems like the investing public screwed up and massively overpaid VCs/founders for the shares, by a total of about <i>six billion dollars</i>.
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zallarak将近 13 年前
After hours trading statistics shouldn't be taken too seriously, because there are far less traders resulting in less liquidity/larger spreads. For all we know, the -40% quote was triggered by a single trade [perhaps a panicked investor agreed to sell his shares at a 40% discount]. [<a href="http://en.wikipedia.org/wiki/Extended_hours_trading" rel="nofollow">http://en.wikipedia.org/wiki/Extended_hours_trading</a>]. For all we know, it might tank tomorrow, but it hasn't yet.
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kirubakaran将近 13 年前
IMHO, Conclusive proof that we are not in a bubble, just a boom.
tikhon将近 13 年前
Bloomberg: "Zynga Inc. (ZNGA), the biggest developer of games played on Facebook Inc. (FB), missed analysts’ second-quarter revenue and profit estimates as the company struggled to add social game users." <a href="http://www.bloomberg.com/news/2012-07-25/zynga-misses-estimates-as-users-flee-social-games-for-mobile.html" rel="nofollow">http://www.bloomberg.com/news/2012-07-25/zynga-misses-estima...</a>
monkeyfacebag将近 13 年前
Looks like Facebook is down almost 8% as well.
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dkrich将近 13 年前
As I wrote before, this is a doomed company. They spend cash like they make a lot of it, but in reality lose hundreds of millions. Mark my words, whatever day-to-day fluctuations occur over the next 6 months to a year, Zynga will be swallowed up by AOL or Yahoo and disappear. Horrible management, talented employees, flawed business model.<p>TechCrunch articles are cool, but facts are stubborn things. If you spend more than you make, eventually that shit will catch up with you.
adebelov将近 13 年前
i think this is an amazing buy. what do you guys think?
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