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By the time you start seeing comments like this, it's generally too late and it's already built into the price. People have been speculating Zynga would do thi
by TomGullen 14y ago
By the time you start seeing comments like this, it's generally too late and it's already built into the price. People have been speculating Zynga would do this for years now.
- nkohari 14y agoThe real question is: will they be successful at lobbying the US government to allow them to operate in the States? Buying the stock now is (in my mind) largely a bet that they will be.
- TomGullen 14y agoThe performance of the current online casino is also an important part of the equation, if it fails then going to the US probably wont be much more successful. So I think it's a gamble based on current performance and the potential of expanding to other territories. Online gambling in the US is a much tougher nut from what I've read.
- wslh 14y agoI bought the stocks before ;-) Seriously now: ZNGA is ~10% up now and although the stock price of Zynga implicitly has this information, since it is a risky stock (not Apple launching the iPhone I) there is an opportunity for buying it, even later.