Full year 2012 non-GAAP EPS is projected to be in the range of $0.24 to $0.28. Zynga PE ~ 40 Source: http://investor.zynga.com/releasedetail.cfm?ReleaseID=648577 ===================================================== Face book assuming 100 billion market cap with 4 billion earning Facebok PE ~ 25 ====================================================== Conclusin : This is a perfect short The question is only when this would tank
Another problem with this company is its number of shares they have issued It is about 800 million shares. it is going to be very hard hard to maintain Its price at this level. This company with this huge number of shares looks scam to me.