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nwsun

01/23/13 8:42 AM

#4873 RE: casperboo #4872

Why don't you provide the link to that article implying the benefits of a reverse split?
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Altec

01/23/13 9:40 AM

#4874 RE: casperboo #4872

Zynga would definitely not benefit from a reverse split at all IMO. This is just one of those stocks that were beaten down and hated last year. What was done to Zynga is similar to what was done to Nokia, RIMM, AMD, ALU, GRPN (list goes on) and just look at how much all of those have gone up from their lows last year. Zynga is making the right moves to turn around and only time can tell what will happen. Online gambling is a huge part of their turnaround. They have a huge pile of cash still and are cutting down expenses. They are in a great position to change things around at the moment, they just need to execute correctly.
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brharris

01/23/13 8:14 PM

#4879 RE: casperboo #4872

The downside right now is that Zynga's revenues are just not there yet. They have cash on hand worth $1.85 per share which in my opinion is what is holding this around the $2.50 per share range. However I am here for their potential with online gambling. If you have done some DD you know the timing and impacts it will have on the PPS here.