Zynga may be have some troublefiguring out how best to grow and monetize but for now they have over one billion in revenue and over one billion in cash. That is a position many companies would like to be in.
last quarter year over year growth rate was almost 20% which ain't to shabby either!
Just bought more at 2.25. I am concerned but not scared yet.I see this as a 60/40 bet
I'd watch it though as their insiders have dumped their shares recently for around 2.80 a share... when the insiders are dumping, it's probably time to jump ship... think of it as a ship captain abandoning his ship... that's what's happening with the ZNGA shares...