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SINA Corporation Message Board

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  • davidjames313 davidjames313 Apr 7, 2012 1:45 PM Flag


    Your points make no sense. Sina's ex-CEO is the brother-in-law of President Jintao, so, this explains why they have become the defacto social networking site in China, and more importantly, why they were not completely shut down last weekend. The opacity of the current situation is what is shaking the stock down, and earnings are due May 9th; people want to see how all of this is going to affect Weibo monetization going forward. Expect more volatility on that date, like in Feb.

    The truth, no on knows how Weibo will shake out, bulls or bears, hence, the stock continues to sell-off. Analysts know no more than u or I; they are not the Chinese Gov't. Stock will be at 3x book at $50, good spot for a long trade.

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