View photo. Zynga Inc (NASDAQ: ZNGA) reported better-than-expected second-quarter results and announced that the company has appointed former Electronic Arts Inc. (NASDAQ: EA) executive Frank Gibeau to its Board of Directors. Zynga shares were down after hours, falling more than 2 percent as of 5:45 p.m. EST. Shares were actually gaining in Friday's pre-market session, up more than 2 percent. Analysts suspect the decline is due to the company's Q3 EPS guidance of ($0.02) to ($0.01) versus the Street's estimate that the company would finally break event. "Zynga is basically a stock option," https://twitter.com/UdallTechStrat!function(d,s,id){var js,fjs=d.getElementsByTagName(s)[0],p=/^http:/.test(d.location)?'http':'https';if(!d.getElementById(id)){js=d.createElement(s);js.id=id;js.src=p+"://platform.twitter.com/widgets.js";fjs.parentNode.insertBefore(js,fjs);}}(document,"script","twitter-wjs");, CIO of Quantum Trading Strategies and author of The TechStrat Report, told Benzinga. "It's a $2.50 stock. [New employees] can get loaded up in a massive number of shares or options. It's like a cheap stock option with quite a bit of time value." Udall said that if the stock goes to $4, $5, $6 or even $8, Zynga executives would make a "mountain of money." Global Equities Research analyst Trip Chowdhry said that Zynga is a "conception company... More