We don't need to discuss Shakespeare. Let's talk about volume on the bull dog.
Volume remains highly suspect on this massive three penny bounce. I'm old and old school. I consider volume one of the very key indicators. It is at the very top of my list. Other considerations for ZNGA would include fraud, insider trading, tribal incest, pending litigation, hype, greed, and just plain rotten Karma Yoga. So I ask, when is the "up to $200- million" in stock repurchase going to occur? It is getting late in the game for any number of the longs, and tax loss selling is just around the corner. I know these are uncomfortable questions, but they simply must be asked.
Today is the end of the billing cycle for the short syndicate, so if anyone could tally up the number of my words posted in the last seven days, and it is a substantial figure, I will compensate you with four shares of the bull dog. I know that's less than $10- per hour, but we are living in hard times. By the way, the short syndicate is quite happy with my prose, though they did balk at the requested raise.
What a sorry company. They can't post a profit, and must now speculate in the price of their own stock, with your money of course. Yes, they will fight tooth and nail to prevent ZNGA from breaking that critical $2- price level. We will see if it can be accomplished.