The pps may go back to what it was 3-4 days ago but I think the down trend is still in place. When it gets to $5 I may have another look.
I was trading NOK earlier this year, 3 and 4th qtrs and what you describe happened there too, I made 22%. The the down trend started and hasn't stopped, volume dropped off big time too just like ZNGA. I figure there were a few big players targeting small cap stocks. Trading them up the pulling the rug out. They all used Seeking Alpha to hype the stocks and paid pumpers on the boards. It is over for this year so just let it go. Buy back in Aug/Sept and it starts again. April effect, sell in May and stay away. Get out now and don't look back. My advice to you.
In other words, the company and this board is all hype. No real substance. Better park your money in another stock.
you can hedge your bet. Sell calls or short your position. If you want to stay in the game that is. You have to watch those option guys close, don't enter a market order, only limits. If not then just sell and take the loss. My advice is to wait until late Aug - Sept to buy back in.
you are correct, I was wrong about it trading under 15 million, owe you a beer. But it traded 10 million below average daily volume, still very low. Shorts are much like longs in that they only want to make money. Znga dropping 5% today they will load up tomorrow am and hopefully will be disappointed in the pm. I bought back my calls today in the pm.
are you people nuts? It is tanking right before your eyes. They are SELLING it not buying. Jesus, talk about denial
maybe this so called casino is just a rumor and there are no hard agreements in place nor licenses in place. Ever think of that?, Thought so, just keep reading the pumpers here on the board fro your news, stay in the dark
Volume for today will be under 15 million, wanna bet?
mm's nothing, people are getting out. It broke 3.31 and is probably headed toward 3 into the 2's. This issue is a loser. Wish it weren't but it is, sadly.
zynga is nothing without FB, you got it wrong. No news is coming because there isn't any. This stock is in a down trend, don't fight the trend, hoping is not a strategy.
and the truth is that Zynga is nothing without FB. The stock is in a down trend with no signs of stopping. If mgt could do anything about it they would but they can't. Get out now before you lose your money. It is just a matter of time, tic toc,,,,