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Rap Sheet

Author:

Kip K

Subject:

Analysis

Date:

04/09/15 at 3:00 PM CDT

 

 

READ: 8

RPLY: 2

0

0

RECS:0

Sentiment:

Neutral

Time for Zynga

<p>Has anyone thought about taking a position in Zynga after the blowup today?  A guy I work with was telling me that they have something like $1.50 in cash/assets and are actually cash flow (EBITDA) positive.  His thought was that in the low $2 you are essentially getting the business for free.</p> <p>I was/am so jaded by memories of the company being terrible that I need to take another look at it--my quick thought was it is a crappy company, but maybe there is something to it (especially if King or a publisher thought about taking them out for synergy purposes).</p>

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