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Saturday, May 26, 2012 8:58:26 AM
All the negative PR surrounding FB right now is going to make znga hurt even more than it already is, more than 50% loss here. Sucks that FB did so bad but that's what they get for insider trading and flipping their estimates last minute. This lawsuit will really come to fruition since what they did was clearly illegal. The NASDAQ is part to blame as well.
I'd hold off on buying this one until the price stabilizes and the lockout period has passed at least by 1 week or 2 just to feel the market out.
Good luck to those on Long and everyone else!
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