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Qihoo 360 Technology Co. Ltd. Message Board

  • italiatlt italiatlt Jan 23, 2014 3:37 PM Flag

    Only thing green in my Portfolio is my QIHU puts...Once QIHU Denies Alibaba rumor down she...

    goooooeeeessss...This rumor and the increase in QIHU's gaming market share are holding the stock up today. All the other Chinese stocks are much much lower. Pairs trade: buy the other Chinese and sell QIHU is one trade!

    Sentiment: Sell

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    • I bet that the alibaba deal is more like a rumor.

      qihu isn't lack of cash. alibaba is building its own mobile app store, which will compete against QIHU. In fact, as a result, QIHU has recently lowered its own share when splitting revenue with game developer. it's a news out on Jan 17th.

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