I am a bag holder @ $11. Should I buy now?
All I know so far that as of today, Mr. PInus recently bought a $16 M Pacific Heights Mansion and that he sold stock worth $200 M 6 months ago. Do you happen to know what the visitation policy (beyond his immediate family) is over at Lompoc Prison when he needs to meet with his CFO or anyone from Kleiner,Perkins (they also invested in Mr. Pinus's wife's company - One Kings Lane) ?
This is getting messier that the life of General Petraeus's wife.
Omega my advice to you is to do one of two things.Either sell your ZNGA shares at a loss and put ZNGA in your rearview mirror or once the 1.3 BILLION FB shares are UNLOADED on the market Thursday and both FB AND ZNGA hit new lows take advantage of that new low in ZNGA and buy some ZNGA shares and lower your Dollar Cost Average of your $11 shares.I'm as you say also a ZNGA BAGHOLDER @ $5.60 a share.I've decided to make one more buy of ZNGA BELOW $2.00 a share and I think it gets there Thursday! Lastly,don't invest money you can't afford to lose.Good luck whatever you decide to do..............