What will you do when the tug of war between fear and greed is decided?
This is not fear today, not by any means. It is only the logical profit taking one would expect after the run, and buyers are still prepared to swoop in any moment. You might crank out a quick 25 cent profit before the close if you jump in right now. The notion that ZNGA holds any value above that of a purveyor of inane, worthless, and fading pastimes must be entirely smashed, along with the idea that the company will successfully run some modern version of Mustang Ranch, namely online gambling. The dire reckoning is still down the road, when it suddenly dawns on the herd simultaneously that the cursed bull dog was conceived in hype and fraud. By that time, the big boys will already have exited the stage, just as they did near the price of $12-.
Yes, when the tug of war is decided, you can tamp your pipe with some of that virtual dope you grew on Farmville, Version 2, inhale deeply, and ask, "How did I succumb to this comedy of errors?" I thought I could just sit at my computer and trade stocks.