As suspected, the shorts are in full force today and still they refuse to talk about this subject. They said the new facebook contract would be a disaster for Zynga, they said Zynga would lose a lot of revenue, etc etc, yet here we sit the very first week after and we have three of the fastest growing apps on FB, guess it's not as doom and gloom as they said it would be. So I figured I'd bump it back up to the top so they can't hide from the topic
My expectation is that the company will report significantly better results than expected, pushing the stock up nicely. The evidence is out there for anyone to find. The short sellers are likely aware of this, and will probably close out their short positions before the earnings release. If the earnings are good, it would be nice to see the comapny come out with news of this, upping guidance, before the actual release..
Don't forget the number two gainer is Village Life - which Zynga gets royalties for, and number three is Words with Friends which they own. So the top three fastest growing apps on Facebook are Zynga affiliated. So much for it being the end of the world for Zynga when they formed the new agreement with Facebook. No wonder the shorts are staying away from talking about this.