This stock has been crushed recently and i am of the impression that this is due in large part to the debacle Facebook had.
I would not be surprise to see Zynga attract new customers with some of the new games they will be launching.
Do not forget also that Zynga has increase it's guidances in mid April.
So i think that Zynga is way oversold and ready to rebound nicely from the actual level.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
I would not be surprise to see Zynga attract new customers with some of the new games they will be launching.
Do not forget also that Zynga has increase it's guidances in mid April.
So i think that Zynga is way oversold and ready to rebound nicely from the actual level.
As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.
Get THE PLAY OF THE DAY on Twitter : @investman2
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