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Analysts show no mercy to Zynga (ZNGA) following its Q4 earnings, with Barclays joining Baird in...

Analysts show no mercy to Zynga (ZNGA) following its Q4 earnings, with Barclays joining Baird in cutting the stock's rating from the equivalent of buy to hold. Evercore lowers its rating from hold to sell. All three cite Zynga's high stock price, which had jumped 25% after Facebook filed for an IPO on Feb. 1. Shares -11.4%.
Comments (3)
  • I'd say no mercy is an overstatement. No mercy would be pushing this stock sub-$5 where it belongs.
    15 Feb 2012, 01:51 PM Reply Like
  • Agreed. The market has barely begun to take back the FB IPO inflation. We are seeing a pullback from some of the market, but I think a positive show could push it higher before it falls deeply in the next 4-6 months. My own opinion (and investment) is ATM Put or slightly OTM (Now) with a date around Sept.
    Look for the stock to continue a slow decline for the rest of the week with a push up in the coming 3-6 weeks and then a sharp decline.
    15 Feb 2012, 03:09 PM Reply Like
  • I have May 10 puts that I bought about a week ago. I'm betting on the lockup expiry and a weak 1Q-12.
    16 Feb 2012, 02:33 AM Reply Like
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