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HotRod11686

05/30/12 4:32 PM

#1350 RE: PokerVertigo #1348

Revenue is Revenue but from the WallStreet perspective its like this.

Kodak and Zynga are partners. Zynga relies on Kodak for its 92% of revenue. Then Kodak goes bankrupt. There goes 92% of your revenue. Your stock shits the fan and then you face most likely banruuptcy as well.

I know that example is far fetched but either way it is not impossible in a real world scenario. Granted FB has $$$$$ but if they lack good means of executing that $$$ into new ways to make money then you might as well be giving your cash to monkeys.

It'll be low due to all those lockups expiring. You've been right so far, everyone is selling. It will keep affecting Znga as well as FB going down as well will keep hurting Znga all the way down...

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OCTraderguy

05/30/12 5:08 PM

#1354 RE: PokerVertigo #1348

Totally agree. Looking for a reversal very soon. Been following this from the beginning and was in and out before FB IPO but established long position today. I think this will get back in the 8s next month and then level off there for awhile. Looks way oversold right now.