Just Bought - Too much upside potential (short term - long term)
and the stock is holding nicely on a day when half the traders are on vacation. When you see little Znga holding green on a day the Dow has gone from 140 to to red - you know you have a winner. Thinking we climb into close since Monday is a very big days for Zynga.
Good move. I don't really see any risk at these levels since upcoming CC - numbers are already factored into the stock. But what is factored in is the new CEO comments on where he plans to take the company and how long it might take him to get there. Don Mattrick will have the market's attention next week and that alone will push the stock higher. Then if you get Don saying "Zynga will be a leader in this sector or that sector (gaming, onling gambling, new games) etc. the stock ramps higher. Mattrick won't sugar coat things but also will tell investors better days are a head. That news will bring in some "buy" recommendations and say goodbye $4 and Hello $6 plus.