ZNGA was down more than (70%) last year from the high of $15; it began to rebound since last November; stock run to $3.75 after good earnings. It has since pull back for consolidation.
Simple question: will ZNGA retest $3.75 in 2013?
simple answer: absolutely!
From today's closing price $2.97 to $3.75, that's a gain of more than 25%.
25% in less then a year? good enough?? can ZNGA go over $4 or $5 in 2013??
Simple conclusion: BUY now and BUY more if it goes lower!