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Zynga, Inc. Message Board

  • blueskydriving blueskydriving Dec 3, 2012 1:35 PM Flag

    We are the New Longs

    Listen, I've read all your "words of warning and wisdom" about ZNGA ... but, let's get to the point ... "We" are not the longs that paid $15 for a company that makes places where you can pretend you're a farmer or a chef or a clay monster ... that's what Zynga was ... and, the fact is Zynga did nothing to deserve the 80% drop of shareprice ... afterall, they have 6 of the top 10 games on FB ... everyone that paid above $10 knew the FB terms, business model, and future guidance ... the fact is Wall Street set them up from the beginning ... ZNGA should have never been a $15 stock ... Wall Street had their fun with the IPO and the hype then the big short ... and now we are here, trading at roughly cash ... and, although I thank you for the IPO, We are not those longs ... We are the longs paying $2.30 per share for a company with a billion+ in cash on the verge of a new solid business model ... We are the longs buying into a company with a solid balance sheet, the partnerships, and the audience to bring online gaming into the mainstream ... We are the New Longs

    Sentiment: Strong Buy

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