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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
  • Zynga Insider Selling 43 MM Shares-WSJ 0 comments
    Mar 26, 2012 10:26 AM | about stocks: ZNGA

    Not uncommon with the tech IPO's during the late 90's, insiders at Zynga are cashing out a large portion of their stock. This is one big reason a company does an IPO but the way that these companies are floating a tiny amount of stock to create a short term spike, and then flooding the market with secondary offering to unload their own stock, is somewhat dubious in my opinion. At the least I don't think I'd want to be a buyer of (NASDAQ:ZNGA) shares in seeing this.


    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: ZNGA
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