Seeking Alpha
  • Justin M. Hall
    2/2/12 9:42A ET: 1. Taking a flier on ZNGA at/near $11. 2. Reentering COPX & FCG. 3. Initiating L-T positions in UNG JAN 2014 N-T-M calls.
    2/2/12
    Reply (10)
    • Regarded Solutions: Hi Justin, you think Zynga will move because of FB?
      2/2/12
    • Justin M. Hall: Yes sir. It's already moving, and we're up $0.66 thus far. I choose ZNGA over LNKD for the obvious reasons, better valuations & +sentiment.
      2/2/12
    • Regarded Solutions: I concur.....why not buy OTM calls?
      2/2/12
    • Justin M. Hall: It should have read, "Reentered COPX" and "Initiated ... UNG ..." We picked up ZNGA in pre-market at and right near $11
      2/2/12
    • Justin M. Hall: I think ZNGA could potentially trade b/t $15-$20prior to the FaceBook IPO.
      2/2/12
    • Justin M. Hall: RS, I just elected to run with the shares. In general, I try to avoid playing near-term options as it is bad practice. :-)
      2/2/12
    • Hornblower09: I picked ZNGA up at 10.18. Struggling to decide if I should take my gains now or or hold until the FB IPO.
      2/2/12
    • Regarded Solutions: when will fb trade anyway
      2/2/12
    • Justin M. Hall: HB09, adjust your trailing stop up as shares climb higher. Example: Set your stop at $11. If you get stopped out, you protect your profits.
      2/2/12
    • Justin M. Hall: RS, that's a good question. I suspect we'll learn more in the days to come.
      2/2/12