Facebook And Zynga: Partners In Gambling?
by BuySellShort
In December we first talked about Zynga, Inc. (ZNGA) being very undervalued and why investors should look to investing in the stock. In this article "Everybody Hates Zynga, Why You Should Love It," we detailed how undervalued Zynga was. At the time we felt the reason to buy the stock was simply based on its cash and the possibility of gambling. At the time ZNGA was trading at approximately $2.25. This week the stock hit $3.69 for a nice 50% move in a little over three months. Is the move done? Far from it and lets look at why! read more »
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