Gyroscopic Investing

With Facebook's IPO days away, this might be a good time to buy ZNGA.

Reub wrote: With Facebook's IPO days away, this might be a good time to buy ZNGA.

What do you think about the Facebook IPO coinciding with a market top?

I'm not ready to say that the market has topped and is going down from here. I really don't know that. But I believe that Facebook, at least for the short term will do very well and that should benefit ZNGA a great deal. Up 8% so far today.

Zynga might be a great buy.  Any company that creates products addictive enough to cause mothers to kill their babies will probably do well.  They are the modern day gambling casino:

http://jacksonville.com/news/crime/2010 ... lty-murder

Storm wrote: Zynga might be a great buy.  Any company that creates products addictive enough to cause mothers to kill their babies will probably do well.  They are the modern day gambling casino:

http://jacksonville.com/news/crime/2010 ... lty-murder

This is easily the most depressing story I have read in 2012.

I'm not sure that I even understand how a crying baby leaves a person with insufficient spare brainpower to play this very, very tedious game if they simply must tend to their crops.  I don't get it.

Anyhow, good luck, Reub!  Is this one that you're looking to exit shortly after the IPO or do you see a big future for them?

I don't think there was an excess of brainpower to start with.  Very sad indeed.

I didn't put much into it and yes I will be exiting shortly.