9% "pullback" will be recovered in 2-3 days, imo...sellers on news are always late to the party. you can bash all you want, but the future is brighter than the quarterly report that resulted in ONLY a 9% "pullback". dreamer shorts will be having nightmares tomorrow night - great timing!
it's a fine line with the investment community - they also don't like sandbagging, feeling they were misled by company on guidance...so, he needs to indicate opportunity to exceed his own expectations if he's going low. jmho.
Zynga is not going away, and is instead going the gaming route. New slots game just announced & on FB worldwide. Hit It Rich! is the latest addition to Zynga's social casino franchise, which also includes Zynga Poker and provides players with an entertaining, high-quality free-to-play social casino experience. The game is currently available in seven languages including: German, Dutch, French, Spanish, Portuguese, Turkish, and English.
not sure you can rule out news for 3 months...earnings are not the only news, and the NEW mgt is savvy enough to realize what analysts are looking for. I, too, am long - but I am not even CONSIDERING selling with all the positive change at Zynga. It's a winner already, but I am looking for $4.50 or higher by yearend.