Yesterday we reported that PopCap denied earlier reports that it was being sold for $1 billion to an unnamed buyer, but TechCrunch has posted another report today claiming the deal is still very much on.
Citing multiple sources, the report claims Electronic Arts (EA) is the buyer, with the deal in late-stage negotiations.
At $1 billion, the deal will be a huge hail mary for EA, which ... [ read the full article ]
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Is it me or does this reek of a style of insider trading or stock market tampering? This elitist crap of doing whatever it takes to get around the 'little guy' so he can't make it in the rest of the world attitude is unsettling.
Not being allowed to rant as one wishes within this forum can be daunting to say the least, but these articles continue to prove my point almost daily.
This one in particular just shows how their trying to back door a deal for billions before the 'day traders' catch wind and blow the stock options before the elitists can buy their shares at below market value. I.e., insider trading. Do I have proof, obviously not, but as someone has accused me of whining before, smarts I have; deduction and this article clearly indicates it's more than a probability.
Originally posted by LordRuss: Is it me or does this reek of a style of insider trading or stock market tampering? This elitist crap of doing whatever it takes to get around the 'little guy' so he can't make it in the rest of the world attitude is unsettling.
Not being allowed to rant as one wishes within this forum can be daunting to say the least, but these articles continue to prove my point almost daily.
This one in particular just shows how their trying to back door a deal for billions before the 'day traders' catch wind and blow the stock options before the elitists can buy their shares at below market value. I.e., insider trading. Do I have proof, obviously not, but as someone has accused me of whining before, smarts I have; deduction and this article clearly indicates it's more than a probability.
PopCap does not have stock so this mini-rant doesn't make too much sense. EA (ticker ERTS) is down 2 percent since the news broke (alongside the broader index), and there is no real increase in the amount of puts outside of normal market activity. You have plenty of time to short ERTS now if you wanted to.
Originally posted by DVDBack23: PopCap does not have stock so this mini-rant doesn't make too much sense. EA (ticker ERTS) is down 2 percent since the news broke (alongside the broader index), and there is no real increase in the amount of puts outside of normal market activity. You have plenty of time to short ERTS now if you wanted to.
I'll stand 85% corrected then... It's the EA games I plant this on a resolution I put back on how Disney used to use the splitting of their stocks way back when (when the earth was cooling) and how they played the stock market.
PopCap may not be part of the market, but EA does. When Disney stock got so big back in the day that literally no one could afford it (and I do mean no one, not even Disney himself); he had an idea. He literally split his stock off, named it into another recognizable split and dropped the prices accordingly.
Market went nuts & the rest is history. Set a new standard & business model. I was looking at this little charade as a possible inductee along that line & under the radar.
Still, a 15-17% expenditure on a best case 10% annual return, so long as no one starts urinating in the pool? It'll take 10 years just to pay for itself. Somebody knows something.
Originally posted by LordRuss: Still, a 15-17% expenditure on a best case 10% annual return, so long as no one starts urinating in the pool? It'll take 10 years just to pay for itself. Somebody knows something.
Dumb purchase? Probably.
However, if social/mobile gaming explodes like it is expected to, the purchase will pay for itself and then some.
