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CDC Corporation Message Board

  • crawford_crawfish crawford_crawfish Feb 13, 2003 12:06 PM Flag

    Selloff Should start any moment

    SINA went down from 10.60 to 5.68 after pre-earnings hype and runnup. CHINA will have to go to 1.80 to follow. In my opinion, that will happen today and not tomorrow since the pumpers have not been able to move this stock any higher before they unload adn dump. When it breaks, I bet it will drop fast! My own humble opinion.

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    • Well ,I can not be too sure about it.
      Although this management is quite dumb not being able to produce any profit or turnover,
      still they were smart enough to sell for around $70 per share and buy back their own stock,(just before breaking even,and not one second earlyer),in between $1.9-$3.24 per share.They did buy a few million shares.I guess then that it's a real possibility the stock will go up eventhough they don't realy deserve it.

      • 1 Reply to democritos1000
      • Today china had their day in the sun. Probably just people buying in cause it had earnings (only from interest). This turd will fall tomorrow. Sina has real earnings and it dropped like a rock.

        China will drop too. It will only take a few days. The economy is too bad. Better off buying sina.

        China's market cap 328.6M
        Sina's market cap 266.4M


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