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July 26, 2012 08:44 pm PDT

Zynga tanks

Zynga CEO Mark "just copy what they do" Pincus dumped $200m worth of shares recently, safely in time for the company's stock to tank. Yahoo: In April, Zynga conducted a "secondary stock offering" in which insiders dumped 43 million shares of stock at $12 a share, raking in about $516 million. Yesterday, four months later, [...]


Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/9ZVM8RXuNC8/zynga-tanks.html

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