Laugh but that candy crush IPO is. Being stuffed intoyour retirement fund

[Hugo Drax]

That king digital crap stock, the makers of candy crush. Laugh at the people buying the IPO.

But most likely the people buying the IPO are stuffing it into your retirement fund. They get the bonus, you get the turd.

:biggrin:

 

[AznAnarchy99]

The mobile games go through phases. I think Words with Friends was the first big one, then Draw Something, Candy Crush, and Flappy Bird before it was taken down.

 

[Capt Caveman]

That king digital crap stock, the makers of candy crush. Laugh at the people buying the IPO.

But most likely the people buying the IPO are stuffing it into your retirement fund. They get the bonus, you get the turd.

:biggrin:

Then selling it before it becomes a turd. If they don't perform, fund managers don't last long.

 

[iRONic]

Short it?

 

[vshah]

that guy who they copied should definitely sue.

 

[MetalMat]

The mobile games go through phases. I think Words with Friends was the first big one, then Draw Something, Candy Crush, and Flappy Bird before it was taken down.

Draw Something was just crazy. One week tons of people I knew were playing it and then within 2 weeks everyone had stopped.

 

[Kaido]

Draw Something was just crazy. One week tons of people I knew were playing it and then within 2 weeks everyone had stopped.

Yeah, makes me wonder how they're going to have continued success. I foresee this being worse than the Facebook IPO entry. Their follow-up games haven't been as successful as Candy Crush...

 

[MetalMat]

Yeah, makes me wonder how they're going to have continued success. I foresee this being worse than the Facebook IPO entry. Their follow-up games haven't been as successful as Candy Crush...

I have never played Candy Crush but it's just like bejeweled right? It just does not seem like there is a whole lot to market for that game compared to something like angry birds.

 

[Platypus]

that guy who they copied should definitely sue.

considering his game is copied off numerous other copies of the same kind of game, probably fruitless.

That said, the cute little imgur campaign going around for a while a few weeks ago is pretty blatant in terms of lifting shit directly. He lost me when he tried to throw his sick/dying mother sympathy card in the ring instead of just sticking to the facts.

 

[Miramonti]

I wouldn't count King out just because the stock is not flying high right after the ipo. They make a sh!tload of money (almost $600m last year?) and have done a great job manipulating human minds to pay up. However going 'ipo' can destroy their culture...if they get more aggressive and more greedy to appease shareholders, it's over.

 

[Newell Steamer]

It's OK.

Wall Street knows what it's doing to ensure I am financially stable and sound for retirement.

 

[Imported]

Draw Something was just crazy. One week tons of people I knew were playing it and then within 2 weeks everyone had stopped.

I and many of my friends stopped as soon as ads started showing up after every single screen/action/whatever.

 

[rockyct]

I wouldn't count King out just because the stock is not flying high right after the ipo. They make a sh!tload of money (almost $600m last year?) and have done a great job manipulating human minds to pay up. However going 'ipo' can destroy their culture...if they get more aggressive and more greedy to appease shareholders, it's over.

I don't see how King is going to be any different than Zynga. At least Zynga had a few popular games and put some effort into making new ones. They even bought Draw Something although I think that game was on the down trend by then. I laughed at Zynga when they had their IPO but I have even less faith in King especially after the negative press they are getting with their copyright trolling.

 

[videogames101]

Snapchat is the funniest shit ever, turned down a $4 billion dollar offer for their company which has $0 revenue

venture capatalism is such a fucking game

 

[rockyct]

Snapchat is the funniest shit ever, turned down a $4 billion dollar offer for their company which has $0 revenue

venture capatalism is such a fucking game

I still think we're on the edge of dotcom bubble 2.0. At least King and these app companies are generating a lot of revenue right now. Whatsapp for $19 billion is just ridiculous.

 

[KB]

If you invest in index funds, then it is unlikely you are getting any of the King IPO. Index fund are not actively managed and they trade stocks only when the underlying index changes. This is why you should invest in index funds and why they typically better perform active funds.

I am still upset that my S&P 500 index funds have Facebook in it. Although it has done well > $60, Zuckerburg is going to dilute the shares so badly with his insane acquisitions that he might crash the stock price. The S&P 500 doesn't need companies with minimal profits and huge share dilution.

 

[Wreckem]

Yeah, makes me wonder how they're going to have continued success. I foresee this being worse than the Facebook IPO entry. Their follow-up games haven't been as successful as Candy Crush...

Facebook had a rough time out of the gate but it has recovered. People who sold early were dipshits. People who bought those shares at lower than IPO prices from said dipshits have made a nice return. It is currently sitting at $61, or $33 higher than the IPO price.

You should be comparing King to Zynga, because King is Zynga 2.0.

 

[Wreckem]

I wouldn't count King out just because the stock is not flying high right after the ipo. They make a sh!tload of money (almost $600m last year?) and have done a great job manipulating human minds to pay up. However going 'ipo' can destroy their culture...if they get more aggressive and more greedy to appease shareholders, it's over.

Zynga was doing the same damn thing years ago. Look at where they are now. You have to have hit after hit after hit to stay making money in this industry, and well King still only has 1 hit. Until they have another hit, their prospects are the same as Zyngas.

 

[mmntech]

If I was running a game company, no way I'd put stocks up for public trade. Sure, it's a good way to raise capital but it puts a lot of pressure on you to turn consistent profits. That's why the big three (Ubisoft, EA, Activision) do a lot of annual franchises. They're low risk investments that they know will sell a certain number of copies.

I'm still quite sceptical about the "freemium" model of game sales. It seems to be doing well not but I think it's on unstable ground. Especially since the vast majority of people won't pay for the extras. You're relying on a relatively small percentage of your user base for almost all your revenues. I just wonder how reliable that system is in the long term. With the type of games King makes, they're prey to fads. Much like what happened to Zynga, who are pretty deep in the hole right now.

 

[Capt Caveman]

If you invest in index funds, then it is unlikely you are getting any of the King IPO. Index fund are not actively managed and they trade stocks only when the underlying index changes. This is why you should invest in index funds and why they typically better perform active funds.

I am still upset that my S&P 500 index funds have Facebook in it. Although it has done well > $60, Zuckerburg is going to dilute the shares so badly with his insane acquisitions that he might crash the stock price. The S&P 500 doesn't need companies with minimal profits and huge share dilution.

fwiw - I have no intention of selling my FB shares anytime soon.

 

[rh71]

considering his game is copied off numerous other copies of the same kind of game, probably fruitless.

That said, the cute little imgur campaign going around for a while a few weeks ago is pretty blatant in terms of lifting shit directly. He lost me when he tried to throw his sick/dying mother sympathy card in the ring instead of just sticking to the facts.

Still it should be known and thrown out there at every opportunity to show King supporters (who play their game) that they are giving money to these people.

 

[KB]

If I was running a game company, no way I'd put stocks up for public trade. Sure, it's a good way to raise capital but it puts a lot of pressure on you to turn consistent profits.

If I was running a game company I would sure as heck sell stock as soon as I could. You sell when things are good and there is money to be made. As the company owner and 100% stock owner, once you sell your stock, you no longer need to worry about profits, the company now does. You no longer need to care if the company goes bankrupt, you have already made your money. If you want to continue as CEO you might care about profits, but you are rich. Just start a new company and go IPO with that one if you get kicked out as CEO.

 

[MetalMat]

If I was running a game company I would sure as heck sell stock as soon as I could. You sell when things are good and there is money to be made. As the company owner and 100% stock owner, once you sell your stock, you no longer need to worry about profits, the company now does. You no longer need to care if the company goes bankrupt, you have already made your money. If you want to continue as CEO you might care about profits, but you are rich. Just start a new company and go IPO with that one if you get kicked out as CEO.

I know jack squat about stocks but I would think a CEO selling off all his/her stock as soon as the company goes public is rather unethical no?

 

[dr150]

I put 50% of my net worth in Candy Crush and the other 50% in Mt. Gox bitcoin before closure.

This is how you rock it folks :thumbsup:........despite what the wife thinks.

 

[alkemyst]

Most of the fools here just bash on real life and focus on their 13 level 90 toons in WoW.