Wall St. Journal article says buy Znga hand over fist
in in plain English - tomorrow
While Microsoft’s gaming division might feel the loss of Mattrick, his presence will greatly help Zynga, which is struggling to transition from online to mobile gaming. Zynga’s stock already rose more than 10 percent after it was announced that Mattrick would take over as CEO. Mattrick is moving into mobile and online gaming at a time when traditional gaming is struggling. The Xbox and other systems are facing stiff competition from PC web games and now online gaming, and this trend looks like it will only continue.
So long $3.43 a share and hello $4.50 to $5 by mid-July.