The stock price is way too low!
The competitors- OPEN TABLE, Groupon are losing market shares now!
The stock price is about to explode toward upside according to Jim Cramer (Mad Money host)
check out my last post on StockTwits for SOHU to see the links to the articles
if you check out Technode and Marbridge Consulting news page you will see how Sogou now allows users to search WeChat content and that they are deepening cooperation with WeChat and have already been built into Tencent QQ, Tencent Weibo, etc........this stock could double when Sogou fully launches within WeChat app environment and thats obviously the plan imho
not many SOHU shares are held by small investors. the majority shares are held by the institutions
Zhao Mu, SOHU's director of BLOG Division, was arrested on June 4th in early morning, because he involved evil cult activity using SOHU Blog.
Why do you think it is going lower? It has bounced off of $54.50 twice now in the last month or so.
well if you own the stock, then you may want to sell some covered calls to make some extra money if you are planning to hold it anyway.
Be little more specific in your statement. Who is gonna lose money? The shorti? The long? who is losing money?
Not trading a lot of shares. They continuing refreshing on the offer. As long as they do that those covering will just lower their bid. Certainly doesn't look like there is any interest in buying. It appears it is mostly short covering. Of course if you shorted at 85 three months ago you have a nice profit and would be taking some off the table. Looking for a gap down tomorrow.
I've traded SOHU succesfully for over 10 years and I thought they were different. Different in that they weren't susceptible to the accounting shenanigans of the state owned enterprises or the Chinese fraudsters, however as I see the joint ventures with head scatching investments that throw them from profit to losses, I think they too are suspect. Accounting fraud is rampant in China. Why do all these cash rich companies need to do joint ventures?? It seems like Chinese revenue growth comes through moving bogus revenue around in a circle like a dog chasing it's tail. It has worked so well for the Communist party Billionaires why would they crack down on this when it is precisely how they have gained enormous wealth. Oh well everybody has his price including me, I think I might buy a basket of the chinese Internet names QQQC, because sadly this game will go on a lot longer, probably in perpituity.
So happy I sold in 80's. We can all short this down to $0. This management team must be the most incompetent and dishonest bunch of of #$%$ on the planet. They just lost $56 M off $365 M record revenue quarter. And they say next quarter they will lose $48 M off another record revenue quarter of $397 M.