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When the economy picks up again it will likely go on for a while. Zynga built a multi-billion dollar business in a recession. I wouldn't go short on either of
by nikcub 15y ago
When the economy picks up again it will likely go on for a while. Zynga built a multi-billion dollar business in a recession.
I wouldn't go short on either of those stocks, especially considering how much demand there is in the public markets for something new. We are witnessing a 5-year backlog of public listings
- Aloisius 15y agoI wouldn't dismiss the idea that Zynga is only popular because of the recession. After all, their userbase is the same as the daytime soap opera watchers - people without jobs.