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1
bmwman91
2012 Aug 30, 11:33am
bmwman91
2012 Aug 30, 11:33am
I'm a big pussy and won't, although I feel pretty sure that I could make a little bonus doing so.
2
Eman
2012 Aug 30, 12:02pm
Eman
2012 Aug 30, 12:02pm
I'm a big pussy and won't, although I feel pretty sure that I could make a little bonus doing so.
Wish it was that easy. :)
Looking at the balance sheet, I'd be a buyer of ZNGA. ZNGA has about 50% cash compared to its market cap. Of course this stock is speculative so don't bet with the money you cannot afford to lose.
3
EBGuy
2012 Aug 31, 6:07am
E-man says: ZNGA has about 50% cash compared to its market cap.
And there is only one thing standing between shareholders and that cash -- shares owned by founder and CEO Mark Pincus that give him over 50 percent of the voting rights.
ANGI, FB, and ZNGA all flopped on the day of insider lock-out expiration.
So what happened with Yelp on the day of lock-out expiration? It flopped to right? Nope. The insiders did not dump shares as was expected. Short positions got spooked and we saw a huge short squeeze pumping the stock up 23%.
Surely today it would flop? Again, not really. I guess Yelp is no ANGI/FB/ZNGA according to this article: http://seekingalpha.com/article/838521-why-yelp-is-not-like-facebook?source=yahoo
Nov 14th is the big day for FB. 1.2B shares get unlocked! that represents more than 50% of the 2.3B shares out there.
Who will put their money where their mouth is and short or acquire put options around this Nov 14th date?
#investing