Zynga Inc (ZNGA)

[x1power]

To be completely honest, i do not carefully follow ZNGA (instead watching GLUU). I was take aback somewhat that ZNGA had dropped the chance to activate a NV online gambling application. To me, that's a huge future market for paid (profitable)revenues and user growth. I felt a company should be out there prototyping their Software, and thus be able to have it ready (and tested in action) for other soon coming state votes for online paid gambling. <---this would be a rapid job create program (with concurrent revs for both states and feds). Folks will go for new taxes, IF they can get something from it. ZNGA (hopefully) sees the possibilities for the company revenue sources and will jump right back into getting state paid gambling programs going. To me . . . it does not look too health to keep cutting company employees and projects, just to keep the company going. This does not look like the company forsees the economy turning up soon? It looks somewhat like the company is going defensive . . . not offensive . . . in its immediate market growth strategy.

I am just saying keep an eye on ZNGA user totals and try to look behind the PR the company is throwing up (where's the operating expense $$s to come from . . . increasing revenues, partners, or potentially new stock offerings)?

Also, sometimes its helpful to take the chart of a stock and draw a line between ascending stock price tops and their bottoms, and see if price movement stays within your drawn lines. Then, look at the volume and attach it to your line peaks and maybe also note on your chart PR effects on the stock. This might give you some form of 'gauge' to use with your inner feelings of how to play a stock.

I will just fade now into the background and keep watching ZNGA for news and relationship to other stocks in this investment area. I try to play my stocks both short range and long range (hold) positions. I still have a lot to learn about stocks.