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Monday, October 06, 2014 2:14:14 PM
We're not talking about a penny stock here...we're talking about multi billion dollar company with little to no communication to its investors since its IPO (IPO price of $10 in 2011) with a very rapid, yet continued decline in share price immediately following a 3 month climb in share price since inception. Communication about how they plan on righting the ship is important to the "Crybabies" on this board and if it werent, then yes we may as well go play blackjack.
Not sure how you like your money or your investments to be managed but I prefer to understand what a company, especially one of this size, is doing to increase the shareholder value.
Im certain I'm not the only one who is down several thousand dollars on this equity. Is it manageable?! Yes! But to say im thrilled about what ive seen as of the last two years is ridiculous.
And yes, im sure that some will be taking your advice to sell and move on in the upcoming months as tax season approaches us. Just know that the discussions that took place over the last few days were regarding the overall market reaction and $ZNGA 's movement. While the original investors have stuck it out, the market has moved to record highs since 2011 and many other companies have seen substantial price appreciation.
The "cry babies" on board here have just as much at skin in the game as the non cry babies.
Just my honest opinion
S777
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