massive losses coming with huge funds needed for:
1.) many 'insider-trading' lawsuits defense attorneys
2.)Electronic Arts lawsuit
3.) revenue loss from lack of gamers or advertisers willing to pay zyng for garbage games.
(the zynga style game fad is over & they are too late for gambling plus Pinus is reviled as a despicable person in the industry)
It's not as hard as you may think to imagine it dropping down to $1.78 this month.... I know Mr. Pinus will be on vacation for channukah in Tel Aviv and not available to comment in December, but I have been told the new head of the SEC, Elisse Walter, received marching orders (from now retired Mary Schapiro) to put Mr. Pinus away (Lompoc Prison) as soon as he returns in 2013. As a bag holder @ $11, I am also told Ms. Walter loves the "clawback concept" , so we may be able to get some of the $200M he cashed in 7 months ago. And word on the street is also a possibility we can get funds from Pinus's FB holdings ala Madoff... it would make my holiday!!!