Once upon a time Mameen76 believed in Zynga and bought 15,000 shares in the low $2.20's. He watched as Zynga slowly moved towards $3.25, only to fall back down to $2.56. Then he watched the stock price soar to $3.76 per share, but still he didn't sell, because he still believed in Zynga. Once again the stock price dropped back down and he waited. "Surely once Las Vegas signs on to online gambling everything will be OK" he thought as he watched the stock price soar once more. Still, he refused to sell, as bigger things were coming.
Last Thursday however, was the last straw, as shorts drove down the stock price once again below $3.00 to $2.84. He couldn't take it anymore and cashed in his 15,000 shares. That however, wasn't what ultimately drove him to madness. It was the fact that only 3 days later the stock would once again soar to $3.68, and he had left $12,000+ sitting on the table.
He still spends his days on the Zynga message board, but now he thinks he is a MM and has ultimate control of every move Zynga makes.
The moral of the story is that Zynga might just make you rich, but it might make you crazy first!