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"When I'm making a puzzle, I spend a lot of trying to get into the mindset of the Runescape player, thinking about how they're going to approach it and reach the solution," he explains. it's a curious move from the high profile CEO of a company that is, to put it kindly, floundering and it's one some observers and investors could read as a hint about future moves. Could Zynga be mulling that option? It's impossible to say, but it certainly raises some interesting questions. Specifically, what benefits would such a move have and what penalties?Let's look at those in Buy Rs Gold  reverse order. Certainly, reversing the decision to take Zynga public would be a public relations disaster. It would be tantamount to admitting that the company is unable to compete in the public space and could cause fundamental damage to the company's reputation which could hurt its chances of luring corporate partners . Of course, Zynga is the eye of the hurricane when it comes to PR disasters these days. Executives are jumping ship faster than people can keep track. Users are leaving at an even faster rate. And, because of that, its earnings continue to shrink. Going private so quickly would also almost certainly open the floodgates for a series of lawsuits from investors, who would feel scammed. Advantages? Those seem few and far between. The story Pincus pointed to notes that the opportunities available to Zynga are too risky for a public company, especially since the social and mobile spaces have so much unexplored territory. Perhaps, but investors realized they were, in some ways, investing in the Wild West when they signed on board or, at least, they should have . It was never going to be a smooth ride to easy street. Largely, it seems that the chief argument for a once again private Zynga would be that Pincus no longer has to deal with the angry mobs that have seen their investments all but disappear. Pincus and Zynga have always seemed to have a limited amount of respect for investors in the publicly traded space. The IPO didn't give shareholders a majority vote in the company's operations Pincus retained those . And Pincus has continued to run the company in much the same way as he did in its early days with the power concentrated around him.Zynga, frankly, is in something of a no win situation right now and it's going to be hard to find a way out. Analysts note the company's Runescape games business is essentially without any value with the stock trading below the per share value of the company's cash, securities and real estate assets. And, while he's certainly a competitive person, some recent actions have raised questions about Pincus' level of interest in saving the company. Despite the troubles of the last few months, Zynga has not given any indication it plans to buy back a limited percentage of shares a common move to signal to investors it thinks the company is undervalued . For that matter, Pincus himself hasn't shown an inclination to buy back any shares personally maybe that recent purchase of a $16 million, 11,500 square foot home has his funds tied up .