lucky_human_foot

I will initiate a position in znga here

Long
BATS:ZNGA   Zynga Inc
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1
znga looks to have a good risk/reward ratio.

I will initiate a position with a relatively tight stop-loss

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There is a good chance that the gap to 4.50 could be closed after a better-than-expected earnings report
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I was turned inside out on the IPO - Actually it ruined the entire 2012 trading year for me - still trying to make up for that. Waiting for a firm technical bottom. But also keeping an eye out for a management shake up and turn around plan.
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