anyhow, I don't expect QIHU to be able to beat estimate by big number.
I have done my research. it's not making good progress in making money from search. its mobile gaming is not gaining shares from its competitors.
might re-enter before earning if it drop below 85. but will get out again before earning release.
not as confident as bourgeois_dream_1. QIHU is a great company. But it might not be able to justify its current stock price considering the MOMO is gone now...
good for you. same here. glad you sold at the highs as I sold into the move yesterday and today.
Sentiment: Strong Buy
thanks for the idea!
btw, hope we are right this time :-)
if bourgeois_dream_1 is right, we would miss out the opportunity.
as my mentor used to say " you can rationalize ANYTHING" .explain your line to the institutional buyers today.
I think I know enough stuff about QIHU's real business.
but I know far less than enough about how stock market works, how MMs manipulate price, and how people's sentiment changes.
You might be right, bourgeois_dream_1. I do remember you made a magnificent call about the change of sentiment and exit of MOMO after the NQ scandal broke out.