Folks,
If you are looking for a stock move, consider shoring Zynga (ZNGA). If you’ve ever heard of Facebook’s famous Farmville or Words With Friends, you’ve heard of Zynga. These games are great. But, the only trouble with the company is that it is loosing money like a drunken sailor. Its share price has declined from a post IPO of high of $15.11 to its current value of $2.44, largely due to sustained quarterly losses.
If you want a candidate to short, check it out.
James Hendrickson
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.
Is this for real? Not only are you suggesting people short a company whose price has already tanked because of its poor performance… you can’t even bother to check how to spell that company’s name? Really?
Dirty,
Great call on the spelling, thanks.