Not uncommon with the tech IPO’s during the late 90’s, insiders at Zynga are cashing out a large portion of their stock. This is one big reason a company does an IPO but the way that these companies are floating a tiny amount of stock to create a short term spike, and then flooding the market with secondary offering to unload their own stock, is somewhat dubious in my opinion. At the least I don’t think I’d want to be a buyer of (ZNGA) shares in seeing this.
INVESTING IN THE FINANCIAL MARKETS INVOLVES RISKS. OPTIONS ARE NOT SUITABLE FOR ALL INVESTORS.