Mr Green,
Your negativity is unwarranted. No one here is even betting that the US will legalize online gambling, but seeing that the US only makes up a small percent of the world market, I could care less. It would be nice if the US did in fact pass such legislation, but again, no one is betting on that. We're betting on the rest of the world, and even though there are other gambling sites on line, none of 'em have the reach of and base of Zynga-Already.
Your remarks and negativity on this forum is less than conspicuous, I just hope the new investor do their own DD and not read the likes of your slanted and intended ideals.
The only thing I don't like about ZNGA is Pincus himself. He's flashy. I believe this stock is already off it's low, and will do nothing but rise as ZNGA moves in more mobile markets away from it's slig-shot start with FB. They're big enough to leave the nest now so I read their renegotiation way more positively than negatively. They NEED to get past FB, and this is the first step. When they do introduce gambling, I'm sure we'll see a verrrrrrry nice pop.
I'm was in relatively small for 2k shares @ 2.31, but sold a 1k at 2.55. Small chips for a small fry. Will be looking to get a little deeper as things transpire. Personally, even though their worth in the 2.5 range liquid, I think anything under 3 is a dealyoh.
All in my humble opinion though.
Everyone do their own Due diligence and don't form any opinions from the likes of Mr. Green. He has his own plans.
