Just watching my Zynga stock go up and down

searchbliss · Share | #1 (**permalink**) 02-08-2012, 10:52 AM

I bought some shares in Zynga and now I'm watching the roller coaster ride. The sad thing is, I could only get 4 shares, so it is quite comical losing and gaining pennies. What was I thinking?

kju385 · #2 (**permalink**) 02-08-2012, 03:36 PM

Wait until Facebook stock hits the market, than the roller coaster could become even wilder. There is nothing bad in speculating a bit, perhaps you'll be a part of the next internet bubble

**ScriptMan** · #3 (**permalink**) 02-08-2012, 03:51 PM

I was going to say why would you buy a stock with no earnings or dividends. Kju saved me from that.

It still looks like a crap shoot to me but I wish you well.

kju385 · #4 (**permalink**) 02-08-2012, 04:01 PM

Not every investment should be a value one, why not try to trade or speculate with small percentage of your assets. If you have the will and the time naturally. I wouldn't call it crap shot at this very moment. Zynga is highly dependable on Facebook, and if the IPO goes well, it could pull it along for a ride. Of course, that does not mean they'll do above average in the long run. Just to be clear, I'll keep my money out of the whole thing. This is just a personal opinion

**ScriptMan** · #5 (**permalink**) 02-08-2012, 04:47 PM

When I do speculate I do it in a closed end mutual fund. The big boys took me under the bleachers and took all my money a few times when I first started out.

I only buy individual stocks that pay dividends. I might make a short term term trade on something well known and hot like CAT.

dowjoetod · #6 (**permalink**) 02-09-2012, 11:27 AM

Wellcome in the game mate! I have some shares too... It doesn't matter how much money you put in for learnin

Have luck!

kju385 · #7 (**permalink**) 02-09-2012, 01:59 PM

Quote:

Originally Posted by ScriptMan

The big boys took me under the bleachers and took all my money a few times when I first started out.

Similar story here, some lessons have to be learned the hard way. Hardest one being cutting your losses

Sounds like good conservative investment strategy. I focus mainly on growth stocks and most of my investments are in a short/medium timeframe. Guess it all varies from personal tendencies towards risk, portfolio size and markets you prefer.

taipres · #8 (**permalink**) 02-13-2012, 02:12 AM

I read something to the extent where zynga told employees to give their stock back or they'd fire them a little while ago http://news.slashdot.org/story/11/11...or-youre-fired

Luckyman · #9 (**permalink**) 02-13-2012, 09:00 AM

The roller coaster ride is a part and parcel of stock market activity. Invest in good scrips and think about long term benefits.

indybail · #10 (**permalink**) 02-13-2012, 09:15 AM

Well, it sounds cheaper than "Call to Duty". In any case, I figure the ladies dig guys that play the market over guys who play video games.

kju385 · #11 (**permalink**) 02-13-2012, 02:44 PM

Quote:

Originally Posted by Luckyman

The roller coaster ride is a part and parcel of stock market activity. Invest in good scrips and think about long term benefits.

What are scrips, never heard than term before? And to broaden the subject a bit, what do you look for in these scrips that bring long term benefits. Share you knowledge

Quote:

Originally Posted by indybail

Well, it sounds cheaper than "Call to Duty". In any case, I figure the ladies dig guys that play the market over guys who play video games.

That would be a good publicity stunt, "Get Zynga stock - cheaper than COD and women will actually like you! "

**snakeair** · #12 (**permalink**) 02-13-2012, 03:48 PM

Put it this way, Facebook would be in trouble if Zynga took there business elsewhere.

http://news.cnet.com/8301-13506_3-57...-facebook-ipo/