Zynga Inc (ZNGA)

[Tom4investor2011]

Do what you please but Why! Dont Buy high/Sell low unless is necessary. My suggestions is set a Stop limit @$5.5, if they are executed then buy them back @$5 or lower; otherwise let it ride! this should be a good reasonable low enough @high$5 since you're already bough in, unless you are short then never mind.

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• 12:06 (Dow Jones) After getting pummeled this month amid large patron Facebook's (FB) dour IPO, Baird upgrades Zynga (ZNGA) to outperform, helping the game developer keep out of today's swath of red ink that's again washing over the equities market. The investment bank is keeping its $13 price target on ZNGA, saying, "Despite the prospect for mixed Q2 results, we see positive catalysts ahead with a more favorable risk/reward scenario." It adds that despite the worries about ZNGA's reliance on FB, the relationship "still provides a unique competitive advantage. Moreover, our industry checks suggest that other game developers are shifting focus away from Facebook, in part because of Zynga's 'most favored nation' status." ZNGA is up 2% at $5.99 but down 28% this month. ([e-mail])


Seen like ZNGA hold up real well for another bad market day, let's see for another couple more weeks what's really will be for sure. I am still considering on buying, anytime when my price is right.


GLTUA.