Stock Thought of The Day: Short Zynga

by James Hendrickson on January 10, 2013 · 2 comments

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.

znga

 

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{ 2 comments… read them below or add one }

1 dirtyreyes January 10, 2013 at 10:30 am

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?

2 James January 10, 2013 at 1:51 pm

Dirty,

Great call on the spelling, thanks.

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