LOL.. @ $3??? it was a bloody joke... I have 80k shares now.. I just kept buying.. all @ an avg price of 3.07.
IT IS A COMPLETE JOKE HERE... Thanks to all the retards that sold down here DESPITE ZYNGA posting revenues of $320+ mil... yeah they made a mistake with OMGPOP but seriously?... $3???????
Here is the link to their release. They are making money not loosing! I think the stock market became very emotional. Investors has no patience, I am still LONG in ZNGA and will add more stocks to get my average down. They just came out 6 months ago many years to go.
If you cant stomach losses stock market is not the place to put your money specially these days
definitely, employees whose lock-up expire on aug 16 will sell off now. They get from the company for 0$ and so they will think it is worth selling now at $3 instead of $1
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