Hot online gaming stock....

[touchback]

Bought 80 dimes of Zynga back at $2.80... and still moving up with recent UK deal and interest from Yahoo... I mentioned this back around SuperBowl. It had a 52 week high of over $12 a share... with the big US push for legalized taxable gaming coming from almost every state over the next 24 months it is a favorite. If you like commodities look at coffee, with the rust disease hitting all the countries in South America and the drought in Sri Lanka it is moving alot as well. Back in the late 70s it went as high as $3.20 I think *it around $1.40 now depending on future), so with all the problems setting up good for a buy. Man, the markets are as good as a moneyline or parlay, really get a good fix...
Zynga (ZNGA), which is mostly known for its popular FarmVille game, has soared roughly 50% this year based on expectations that it would move more aggressively into the lucrative online gambling market. <!-- ADSPACE: markets_and_stocks/quigo/ctr.220x200 -->

The new ZyngaPlusPoker and ZyngaPlusCasino games are being offered in partnership with London-listed bwin.party, one of the U.K.'s market leaders in online gambling. Players will have access to various poker, slot machine and table games such as Blackjack and Roulette. One of the slot machine games will, unsurprisingly, have a FarmVille theme.
Online gambling is legal in many places around the world, but it is mostly banned in the United States. But investors are optimistic that an opportunity for real-money gaming may soon be possible in the U.S.

[BigSlickDopps]

Nice pickup, I missed it when it went down to $2.00 Interesting to see where it goes from here. Huge upside potential, they seem to be turning around the regular gaming side of their business as well.

[touchback]

YA... I can really see a possible huge upside with the US opening up online gaming over the next 24 months and Zynga already has a foot in the door... wondering take profits now and wait to get back in or just leave and watch. Man, this is worse than watching my pick trying to cover the spread in the final 60 seconds...

[relaaxx]

my thought would be to take at least some profit. maybe as much as -selling half and play with the rest.

[touchback]

my thought would be to take at least some profit. maybe as much as -selling half and play with the rest.

Relaax, ya... was thinking the same. Would be a good move to hedge a little while this shakes out but I also think it could go $4 or $5 in the near future. Man, hard call.... but I really like coffee, maybe pull 50 dimes and put in the coffee commodities and see what happens. I know Brazil is sitting on an excess of 2 million pounds or kilos, not sure. They have been having recent labor problems so that could only help drive the current commodity situation would be my guess.

[hyudra]

I got a large chunk of Zynga stock too. I think I'm going to hold on to them. Earnings are in 2 weeks and the stock hopefully will move up to 6 or more. Good to know someone else is in it with me.

[touchback]

Hyudra... ya, hoping 6.... that would be a double return plus real quick. This is hinging on the Yahoo thing so will see what happens. Might keep an eye on it during the day and hit a buy at 3.30 if possible instead of selling some off and hope this Yahoo thing pans out. Yahoo deal would spike it instantly... and the UK deals in place are making it look good for Yahoo with the brand traction Zynga already has with Farmville and some other games...

[touchback]

Man... anyone see what happened to gold commodities. Whoever was holding heavy got bloody murdered.... 1300 and change today.... WOW

[flyingillini]

Zynga is a garbage company and very poorly run.

[Hankwins]

Zynga is a garbage company and very poorly run.

don't bore us with the details of why you think this now!

[flyingillini]

don't bore us with the details of why you think this now!

Ever since they wanted their options back from employees and threatened to fire some if not it was pretty clear. I have friends that work at Zynga, it was at one time a great company to work for, it's garbage now.

[raydog]

Man... anyone see what happened to gold commodities. Whoever was holding heavy got bloody murdered.... 1300 and change today.... WOW

experts predicting perfect time to buy in a 1200ish... what to do, what to do

[touchback]

experts predicting perfect time to buy in a 1200ish... what to do, what to do

I would agree on this.... I think everyone and their mother are or are going to start trying to acquire the stuff in tangible form let alone futures, it could spike this week...