Zynga: Fundamentals And Facebook Comparison
By Milkweed:I recently wrote a big picture themed Zynga article. This was my first ever published article on Seeking Alpha or anywhere else other than blogs and message boards. After I submitted it I thought about how I might have written the article differently but I wasn't really considering a follow up until I saw the news the other day regarding Cowen analyst Doug Creutz detailing the current downtrends in daily active users for Zynga's games. Here is a quote that I have to admit, spooked me a bit when I first read it:
Cowen analyst Doug Creutz points to the fact that nearly all of the company's major titles posted "significant" month over month declines in daily active users, and that May marked the second consecutive significant month over month drop.
As an investor focused on fundamentals I went back to my thesis for placing some chips on Zynga (ZNGA)Complete Story »
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