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MarketWatch’s John Friedman on the continued decrease in share value for the social-gaming stock.
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On diesel frequent viewers of -- and company -- remember -- healthy discussion about Zynga went online game company went public business.
Once -- view of this all coming out -- ten ten dollars a -- today so when I look at Zynga.
I don't think it's gonna do very -- after the IPO I would be very apprehensive about not taking a piece of this that the IPO it's -- -- felt -- like a -- about nothing what kind of a business model is that pray tell them on -- -- -- fresh off the -- -- on the stand America but I don't understand this -- I don't get -- why would anybody full -- real money.
To play a game and bond virtual pigs -- -- And is a person -- you do this yeah do you do this regularly I do it happily and I do it proudly sir are you crazy.
You of course well I thought for a living annual pay solid multi Alia tube behind a virtual tour -- -- And you put money into bomb and a mobile entertainment.
Unbelievable.
Hello fondly enough we expressed healthy skepticism how could a company make money selling -- -- that's what it does farm bill players behind -- pics of that virtual farms Zynga runs that game the stock opened eleven in December traded as high as sixteen in March now it is want to 45 and change they have it.
His Jon Friedman from MarketWatch in new site Zynga has a future or not -- -- a minute I.
Ousted future here all look who's deciding moment ago about there was -- stocks pretty -- a clue what what it was IPO.
People losing confidence this company was at this point anymore is it because people are no longer playing farm bill no longer paying off our company Mobil opposes this assay -- -- probably people who -- -- mobile phones -- leaving these sites and -- -- mobile phones which is which is faster and -- -- more convenient easier this is -- over again so you wouldn't talk -- with a ten foot -- that.
I would go to -- and -- a -- got it now wanna raise another issue there is.
And on a date a flaunting site it's -- -- now -- the Kate asked KO UT stamped they have just Banda -- because some rapes have been alleged because mine as well on this floating sphere site okay.
That's one story.
I think it's related may be to FaceBook because they want to put under thirteen year -- on FaceBook with parental supervision.
I -- a link between the two IC risk with FaceBook going to on the fellow -- and you say I agree with you.
It's a big risk because you want growth but not at all course you don't wanna -- growth to the point quick -- to be endangered and kind.
Yeah I mean we saw this sort of thing to a Craigslist and everything else -- how how do they ever.
Have the assurance that these kind of sites on that that this stuff how can they ever -- -- protect against the great question but you've got to try really hard you've -- -- be really vigilant and shows would be really vigilant in the sink after the fact is over if the allegations haven't is that good that you couldn't before and FaceBook I'm sure is very worried about the situation that are monitoring this very closely to see this could happen to us so that means much FaceBook now passed if it goes through with a -- on the Philippines it has -- liability doesn't potentially.
-- as haven't yet I mean potentially this could benefit of the doubt here if that happens -- -- -- -- in state.
We told you so but they want growth so much to impress Wall Street to impress investors.
They're trying very hard me too hard do what about FaceBook now become went on not its future -- -- well.
It's just result in very very great right now mean as the stocks bumping along right now people have them have lost a lot of -- is not a Google is obvious thing that Google ads on apple not a Google apps we've got his FaceBook might.
