AcapulcoKevin

There is growing sentiment on Facebook that Zynga is stacking the deck with it's popular game Zynga Poker to entice players to buy chips. My own experience is that after buying chips you will have a stretch of miracle luck and then will lose until you buy more chips.

My own experience is that after buying chips I was able to win millions, repeatedly with little effort.

This industry is quickly expanding and millions of dollars are being made with the possibility of limitless income with little or no oversight.

I have read the company statements about honesty and high standards and integrity. While that sounds nice, Enron had a similar mission statement.

Zynga has raised Billions in capital since going public but finished it's 4th quarter balance sheet in 2011 with a 100K profit. This should be a penny stock and is so severely overvalued that anyone holding stock in this company should have their head examined. Now they are buying flash games with no track record for 200 Million? They are blowing money as fast as they can, they should in fact. The company will not last long if there is any type of scandal so why not enjoy the ignorance of investors while they are able?

With ZERO oversight to protect players from being cheated, growing sentiment that they are cheating their players, and the uncertainty of maintaining popularity this is one company to avoid and if you own their stock you should dump it as quickly as possible.