Thursday, July 26, 2012

Cash on the books of Zynga

There is $1.6 billion in cash on the balance sheet, plus a $200 building owned by Zynga. The market cap is about $2.3 billion. This a yet another example of the market providing you a nice pitch down the middle. Swing only when you get the best pitch. I see this as a lay up!!! Todd

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