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Re: PokerVertigo post# 3225

Wednesday, 08/01/2012 12:50:10 PM

Wednesday, August 01, 2012 12:50:10 PM

Post# of 10371
Eventhough they do these suits all the time on any stock that drops more then 40% usually, they might have a good case with insider trading. Zynga actually upped their guidance when they announced 1st quarter earnings and then insiders sold not too long after and then all of a sudden during second quarter earnings they do terrible and lowered their guidance by over 60% for the year. There is no way in hell a company does a complete turnaround like that within a quarter. I'm still holding my shares but am waiting for a bounce to sell.