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  • Oh, Really? I'd Rather Own A Zynga Farm Animal Than An Audi Anyday!

    From Today's New York Times:

    Mr. Gartenberg added a thought that would bring chills to any Zynga executive: "At the end of the day, though, virtual goods might not be a viable business strategy. People eventually stop spending money in virtual goods and want to spend that money on real goods."

    The analysts only get a chance to play investors as chumps when investors join them in wishing away the obvious.

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

    Additional disclosure: Young Redwood does not, will not, and advises other should not ever listen to the blowhards on CNBC.

    Tags: ZNGA
    Jul 26 9:22 AM | Link | Comment!
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