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Friday 26 July 2013

Stocks to Watch- Zynga

Zynga's earnings beat (low) expectations but is still losing money & active users
It is also abandoning real-money gambling, which will further limit its revenue
Zynga's stock plunged from 3.5 to 2.9 & will most likely stay below 3.0
Look to sell Zynga around 3.0 if it stays below

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