We've lost $142 million in market cap because an analyst changed a word from "equalweight" to "underweight" ... really? Most investors don't even understand the difference. But worse than that, it was $142 million of only $250 million in market cap above cash and real estate ... Zynga is now priced below liquidation pricing
So if someone places a " buy ' rating this week the stock will rocket ? Hardly.
There are MANY more factors than an analyst rating. Micheal Pachter has been pumping this thing and the price drops.
if you really beieive the stock dropped because of the change in one word then you need to research WHY the one word was changed by the analyst.
The problems are with the company NOT the analyst.
Pincus needs to buy the casino out of his own bank. Then partner Zynga with himself. Resign from Zyng. as someone less hated by Wall Street can run zynga corp. Then as the owner of the casino and partner of Z he keeps a strong percentage of voting share (not the majority of course). Hire an experienced management team to run the casino.Then take a 3 month vacation to regain control over his brain.