Originally Posted by Saltricks
Who was investing in Zygna again? Yikes
You would imagine people learned their lesson in 2000.
I guess I didnt. Bought that piece of shit GRPN at 24 and dumped at 19. Its at 11 now.
ZNGA is another one. Its at 1/2 its all time high and it will likely be $3 in a year or 2.
If you are stuck in this dog wait for the FB ipo hype to kick in and see if you can release your purchase in the 10 to 11 range. If news starts to improve you might get 12. But I think the smart money knows this stock has no legs and will likely never see 15 again.
Salvation could be a buyout by FB if the shares dip further.