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Zynga, Inc. Message Board

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  • johnang1973 johnang1973 Oct 25, 2012 12:50 PM Flag

    is the Gambling deal any good for shareholders?

    Well, the odds are for the long when the price per share is $2.05 with their net asset.
    The Buy Back, the cost reduction , the partnership, moblie monetization and the online gambling......all these will ONLY increase the odds of success.
    Note that Zynga still have $1.6 Billion cash , same as last quarter even going through such a #$%$ quarter. It shows that they did not burn cash.
    Whatever they are doing now will only add cash, a big PLUS.
    It is a very common sense that this stock will soar, given the time and patience (1 year).

    Sentiment: Hold

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