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[Investments] Topic: Zynga |
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SJSharks99 |
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#1 Posted: 12/16/2011 3:05:10 AM anybody else waking up early to buy Zynga when it goes live tomorrow @ $10 a share |
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KBrick84 |
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Hall of Fame
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#2 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....
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wallstreetcappers |
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Covers Linesmen
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#3 Posted: 12/16/2011 12:15:37 PM No thanks..
Wait for 7 bucks or lower. |
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KBrick84 |
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#4 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.
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KBrick84 |
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#5 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.
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wallstreetcappers |
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Covers Linesmen
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#6 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. |
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sparty444 |
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#7 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. |
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GambleForProfit |
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#8 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 |
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2169 |
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#9 Posted: 12/17/2011 12:24:10 AM do they only have poker? what does it have going for them?
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WhySoSucK |
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Banned
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#10 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.

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SJSharks99 |
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#11 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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