If you compare Lnkd to Zynga! Zynga brings in more revenue and gross! Zynga just has a lot more shares! Trust me on this if Zynga continues to grow but at a steady past and not over est. their future revenue they will hit that mark! Being successful in the mobil gaming whether it's gambling and or none gambling straight to the moon! Because they will be bringing in billions per year with less shares!
You have to take in consideration the difference between LinkedIn and Zynga's outstanding shares. You can't just look at linkedin's stock price and compare it to Zynga. Zynga has 771.53M outstanding shares with a 2.65 billion market cap, however Linkedin only has 107.45M outstanding shares, which makes it a 16 billion market cap. Since Zynga has about 7 times more shares than LinkedIn, a more comparable stock price for Zynga at a 16 billion market cap = 20 dollars a share.
Excellent explanation, thank you, 16 is equivalent to LinkedIn, and 7.89 is the equivalent to FB 38 when public vs 30's these days, ZNGA 10 then 7 to 8 is the value, this will be short after 1st qr results. 16 after September, f (results 2nd and 3rd qr.)
Why stop there? How about the 500 mark?? No, better the 1,000 mark! And when is this to take place, next week? Next year? Next decade?
Personally I'll be happy to see ZNGA hit the 5 dollar mark. And if crazy speculation is the trend, I hope it even hits the 10 dollar mark. Stay focused investpro36. Take the small steps first and then the large leaps.
It could happen when all US state legalize online gambling and ZNGA is at the top. And also if ZNGA get around 1billion MAU and around 100million DAU. Maybe then ZNGA would hit around $100+. But right now we should be happy for $5 so that funds can start to buy and hopefully we hit around $7 or $8 by end of the year would be great.