Seeking Alpha

Zynga (ZNGA) has resumed trading following its Q3/2012 warning. Shares are down 16.5% AH to a...

Zynga (ZNGA) has resumed trading following its Q3/2012 warning. Shares are down 16.5% AH to a new post-IPO low of $2.35, leaving the company with a market cap of less than $2B. Facebook (FB) -1.6%. Groupon (GRPN) -0.6%.
Comments (13)
  • DAMN some Zinga puts bought in May would have performed epically as of now.
    4 Oct 2012, 05:13 PM Reply Like
  • Look here, I indicated when and what to buy:
    http://seekingalpha.co...
    5 Oct 2012, 07:29 AM Reply Like
  • Very nice Ron (but have you shown the ones you got wrong?)!
    5 Oct 2012, 09:35 AM Reply Like
  • I have not written an article that got it wrong yet. I cannot recall any strangle I've ever done that has lost money. I've had some make just enough to cover the commission fees, but I've never lost money on one. They are pretty straight forward and work very well on any volatile stock.
    5 Oct 2012, 09:54 AM Reply Like
  • Quite a recommendation; I'll be checking it out, so thanks!
    6 Oct 2012, 11:17 AM Reply Like
  • Ah yes the future of GDP growth in the US...social networking and social network gaming.

     

    The new American Renaissance.

     

    Not.

     

    Just part of the government information gathering network, cultural decline, dumbing down and distracting of the general population.

     

    Invest elsewhere.
    4 Oct 2012, 05:17 PM Reply Like
  • Now it's only overpriced by TWO dollars....
    4 Oct 2012, 05:27 PM Reply Like
  • $2.30 to be precise ...it is trading at 2.30 right now and it overpriced by exactly that much.
    4 Oct 2012, 05:49 PM Reply Like
  • You guys are harsh but I almost agree with you ;-)
    4 Oct 2012, 06:12 PM Reply Like
  • below most hamburgers prices.
    4 Oct 2012, 05:33 PM Reply Like
  • Easiest short in the world (next to GRPN and FB, of course).
    4 Oct 2012, 08:06 PM Reply Like
  • At what point do the shorts cover?
    This earnings report means they are now eating into their "nest egg" on a dayly basis. You got to hand it to all those guys who conde ppl out of their money and then left. Pretty smart and very immoral. And people wonder why their kind are not liked.
    4 Oct 2012, 10:34 PM Reply Like
  • (FB) is also pushing out mobile. Where are zynga games on facebook mobile? That's right. Nowhere.
    5 Oct 2012, 08:40 AM Reply Like
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