Although I dislike this stock, it appears ready for a reflex rally.
A significant negative, and it should not be ignored, is that ZNGA is thus far unable to participate in today's healthy bounce on the NASDAQ. In about four weeks time, you can also expect heavy tax loss selling which will continue to put pressure on ZNGA. There are many more people sitting on losses than profits, shorts notwithstanding. As the bard would say ZNGA is "A Comedy of Errors." While you're at it, throw in tribal greed, insider trading, fraud, and anything vaguely representing integrity or ethics.