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Zynga: Market Missing Mobile Progress

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 Summary

  • New Words With Friends mobile game appears a hit in the making.
  • Zynga is slowly increasing success on mobile games.
  • The stock crashed close to the all-time lows providing for the ultimate long-term entry point due to limited downside risk.
 Oddly, Zynga (NASDAQ:ZNGA) is plunging toward all-time lows, but the company is starting to make some progress in mobile. The lack of success with transitioning from the Facebook (NASDAQ:FB) platform to mobile apps is the prime reason the stock is down at these lows.

 Read full article at Seeking Alpha.


  Disclosure: Long ZNGA. Please review the disclaimer page for more details.

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