Strugglingfool, I just read your piece and I think it is really good. I agree, the EV/S ratio is way too low if the accelerated growth rate holds, and given the FCF margin profile. As well, with them recently becoming the largest mobile game owner in the US, you could see them eventually becoming the largest mobile game owner in the world. Given that mobile phones as a “gameset” have only really been around for 15 years, you could envision the mobile phone gaming industry being much much bigger than it is today. I am long ZYNGA and will add about 20% to my position.
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