Don't forget to factor in the 56 million shorts... if for some reason majority of the ex-employees decide not to sell, those shorts will be in huge trouble... I'm not saying that will happen, but for instance I'm not selling and I hold a lot of shares... I hope there are more like me who won't sell.
DejaVu! Any one here remembered Motricity (MOTR)? I was in that Tsunami not long ago just like what is happening to Zynga right now, as soon as lockUp expired, Sell Off started, took only couple of months (postIPO high$31+ and at a time it lockup expired pps around$20) took a year+ for sell off to $.55, stock never recover since, but their business model is difference from ZNGA though, I dont thinks is will be that bad.
Zynga will recover and come back stronger, shame on you FB and Shorts.
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