A Tech IPO Bellwether: What to Watch as Zynga Stock Starts Trading

[BettorsChat]

Social-gaming giant Zynga Inc. starts trading today (Friday), capping off a rocky year for tech initial public offerings (IPOs). A strong performance from Zynga stock today and into the New Year would shed the "bubble" reputation surrounding the sector in 2011.Here's what you need to know about this latest tech IPO: Zynga will set the

A Tech IPO Bellwether: What to Watch as Zynga Stock Starts Trading | YOLO Trader Alerts

[Watchtower76]

The IPO "flip" now has the same attention span as everything else in the market. After pricing its IPO at $10, and breaking well above, even hitting $11.50 momentarily, the stock is now trading at $9.51 and probably about to be halted within minutes of first seeing public trade. Another epic win for the GS-led underwriting syndicate. As a reminder - if Goldman is selling you something, don't buy it. And who could possibly think that virtual farms aren't real cashflow positive?

[vols fan]

The IPO "flip" now has the same attention span as everything else in the market. After pricing its IPO at $10, and breaking well above, even hitting $11.50 momentarily, the stock is now trading at $9.51 and probably about to be halted within minutes of first seeing public trade. Another epic win for the GS-led underwriting syndicate. As a reminder - if Goldman is selling you something, don't buy it. And who could possibly think that virtual farms aren't real cashflow positive?

Can you break that down on a K5-1st grade level so dems can understand

[moondog22]

Zynga is too tied to FaceBook,it will need to expand into other areas