Well . . . . the Zynga bubble has been reinflating lately.
Why is it that TTWO has to have great earnings to get half-way respectable valuation but EA can lose money and get a valuation that is an order of magnitude bigger, Zynga can lose money and get massive valuation, and one-hit-wonder King can get a massive valuation? Perhaps that valuation system can rub off on TTWO who actually has some solid IP, solid studios, and proven profits.