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Zynga, Inc. Message Board

  • socialboom30 socialboom30 Feb 27, 2013 11:16 AM Flag

    Try again. It's a naked short at $3.60. Here is why.

    Nobody trying to exit a million shares sticks the entire block just above the bid. And nobody really trying to get short says I'll go short a million shares at $3.60 but zero at $3.59.

    Some short hedge fund is just throwing up a road block. It's artificial so it's temporary. If you are short you should cover because you can bet that's what they are doing and as soon as they are done they will pull that order at $3.60 and you will be holding the bag.

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