It is possible the "wanna-b's" who've been sitting on the sidelines are starting to buy shares in the hopes of not being left out of the activities in NJ. Whether NJ or companies announce what partnering is happening, the "wanna-b's" may come in on purely speculative thinking. If so, there may even be a nice pop going into Friday as the last minute buyers jump in. Just speculating about the green.
I think Zynga is at the bottom... In a general sense, it could be $2.40 or $2.30 but it could just as easy be now at $2.75 So I think it's smart buyer just jumping in at a point where they will make some money and shorts covering at the bottom.