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Zynga, Inc. Message Board

  • nomad69 Nov 8, 2012 11:13 AM Flag

    Let it drop!

    At this point might as well let it retest and fill the gap to its 52 week low. The combination of Shorts trying to cover then, the repurchase program going in to effect ( As per Zinga Investor relation email in response to my inquiry, Its seem that there are waiting for market condition to start repurchasing program...Hint they want to buy the shares cheaper ) and good news coming out ( New games, New developer signing on to their platform and Real money gaming update, maybe a partnership with one of Vegas casino in anticipation of a legalization) will give the spike on share price we all are waiting for.
    I m long 40k Shares via Options Jan 2014 $1.00 strike price

    Sentiment: Strong Buy

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2.43-0.12(-4.71%)Jun 24 4:00 PMEDT