For those of you out there that are short on ZNGA, I say this; be very, very careful. Although this may be good for some short trades; that much talked about and celebrated “crash of the Halo” associated with the FB IPO simply is not going to materialize.
Have a look at this article from Michael Ye:
Notice the comments from the near term thinkers and the shorts out there. Remember folks, none of us have any idea how much penetration we can get from social media into developed and emerging communities that are forming-this is the real “Holy Grail”
Hello internet users! My name is Corey Kipp. I have been active in the finance industry for over twenty two years and am currently involved in a financial social media tech company known as GLX, Inc. I have recently created a number of online blogging, business, community, and other online social profiles that I will be striving to use in an effort to spread news GLX, and to become more personally integrated within the online social world. Most of my discourse will focus on what I know best – sales, economics, and keeping up with evolving finance. I’ll make my best efforts to speak where I am knowledgeable, and to not overextend my reach where I am uninformed! Still, I welcome any commentary and progressive discussion. Thanks for reading and look back for new posts and updates.