Zynga (NASDAQ:ZNGA)

CAPS Rating: 1 out of 5

Perhaps you've heard of Mafia Wars, FarmVille, Café World, and Zynga Poker. Zynga distributes games through social networking sites and via mobile apps. The company makes money through the sale of virtual goods associated with their games and through advertising.

Recs

1
Player Avatar tunafizzle (87.53) Submitted: 3/15/2013 8:27:24 PM : Underperform Start Price: $3.51 ZNGA Score: +7.32

Abusrdly overvalued. Almost a billion shares out there, market cap is $3bln for a company that's profits are negative and has zero products coming out. Any games they do generate revenue on are tied to facebook and most of their games are all based off of stolen IP. Lawsuits, over-valuation, no long term model will make this a penny stock soon. Short it long.

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Member Avatar NSAtelier (49.67) Submitted: 5/12/2013 3:15:56 AM
Recs: 1

Don't forget their OPEN ADMITTANCE to asking users to install known malware applications in exchange for in-game "currency"! As a game developer, I'm interested to see exactly who will be the first to take them to court.

Member Avatar chris293 (87.15) Submitted: 6/20/2013 3:03:08 AM
Recs: 1

How is this legal? The stink on some of the gamers, cheaters has been in the news lately, mainly on the card games, if I remember this was also on 60 Minutes, but who really knows what is going on these days with some of these computer sites.

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