Volume low? Are you kidding? Volume is well above average! Tutes are dumping like a hot potato. We need a cataclysmic sell off to the low 6's or the 5's to establish a nice bottom. Then time to pony up for a trade. Shorts are making nice nice bread here.
Here we go.....Look at the trades today....All the early stuff is small sell orders just driving it down...Later in the day bigger players are buying in....I would agree that a stock falling into earnings is a bad sign...we will see..it is a Chinese play and that seems to be an out of favor sector right now, but this one is showing signs that the news maybe good....see what happens as we get closer.. already have played the 9.5 to 10.3 a couple of times....bigger move would be better..anybody got a bottom here? IPO's are tough and real estate even in China blows, but if they can show some growth and profits????????