Zynga

Forum: Investments
Author: [Investments] Topic: Zynga
SJSharks99 PM SJSharks99
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Posted: 12/16/2011 3:05:10 AM
anybody else waking up early to buy Zynga when it goes live tomorrow @ $10 a share
KBrick84 PM KBrick84
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Posted: 12/16/2011 8:35:13 AM
I'm up early for it.  I do most of the work for my Dad's portfolio...and keeping my eye on this.

If you can get in, and hit a pop early today...you can get a quick profit.  But this stock should be in the area of $7-9 opening at $10 is rough.  But we shall see....
wallstreetcappers PM wallstreetcappers
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Posted: 12/16/2011 12:15:37 PM
No thanks..

Wait for 7 bucks or lower.
KBrick84 PM KBrick84
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Posted: 12/16/2011 12:33:14 PM
QUOTE Originally Posted by wallstreetcappers:

No thanks..

Wait for 7 bucks or lower.


Agreed   They shot for the moon setting this at $10 when it should have been $7-8 to begin with.
KBrick84 PM KBrick84
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Posted: 12/16/2011 12:51:35 PM
Wall - What's your outlook on DRYS?  I know this was talked about awhile back, but since the shipping industry has been shelled.  It's a $2 stock right now, just curious if this may be worth a small investment.
wallstreetcappers PM wallstreetcappers
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Posted: 12/16/2011 12:55:49 PM
QUOTE Originally Posted by KBrick84:

Wall - What's your outlook on DRYS?  I know this was talked about awhile back, but since the shipping industry has been shelled.  It's a $2 stock right now, just curious if this may be worth a small investment.

Yeah I have some in the 2.20 area..it is a high beta stock, huge oversupply in the sector but I think longer term it will be a nice return if George stops floating stock.

I've lost on it of course but it isnt my only holding and I am not going anywhere, so I nibble on weakness and sell on strength, try to get it back slowly.
sparty444 PM sparty444
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Posted: 12/16/2011 2:05:48 PM
Zynga is way over-valued.... its totally dependent on Facebook and something like only 3% of players pay money for things.
GambleForProfit PM GambleForProfit
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Posted: 12/16/2011 8:23:43 PM
Not gonna jump on this I think it's interesting though because Facebook is making some interesting moves in branching out to different things have heard rumblings about some gambling ventures in non-US markets could pave the way for some interesting stuff
2169 PM 2169
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Posted: 12/17/2011 12:24:10 AM
do they only have poker?  what does it have going for them?
WhySoSucK PM WhySoSucK
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Posted: 12/20/2011 11:45:51 PM
QUOTE Originally Posted by sparty444:

Zynga is way over-valued.... its totally dependent on Facebook and something like only 3% of players pay money for things.



SJSharks99 PM SJSharks99
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Posted: 12/21/2011 1:19:21 PM
I sadly got Zynga @ the IPO price of $10, was hoping for the quick buck like group on had on the opening day on there IPO (my mistake)

should I hold on to this and hope it comes close back to wards $10 or is this stock gonna free fall for a while??
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