Zynga Inc (ZNGA)

[HotRod11686]

Thank GOD . I sold my positions while I still had a chance.

This stock keeps capsizing. I dont see anything good coming from it now. SO do yourself a favor and DONT BUY IT! It is not the right time to invest in anything to be honest due to europe, weak job report and lack of economic growth in the country. All these factors play a role in the stock market, all sectors. FB also screwing up plays a hand in this as well. There is still a relationship after all.

I said I did smell 4's in the future. I hope I am wrong for those who are there but I am doing a volatility test chart and it looks horrible.
Dates taken from 12/16/2011, monthly

Monthly Volatility 0.216377152
Annual Volatility 0.749552441

Annual volatility has gone way up from pm to cm. Jumped up 20%. It sits at 74.9% , this is HORRIBLE! 100% would be a true bubble. This is basically what this is, a bubble that popped. 6 months of trading and that huge of a volatility does not look good.

Too many people willing to sell the stock and its ruining the pps.

Do your math / homework and be wise in investing into any stock. Take precautions and have always a stop loss ticket setup so you wont incur the same fate I did.

GLTA