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  • dividaddy dividaddy Jul 27, 2009 3:44 PM Flag

    Fatten Up Your Position and Get Ready for $70

    The quarter was great. Go and actually read the transcript.

    EPS better than expected
    Sales up
    Effective pricing power
    Quality content strategy
    Launching an online game in the US
    Significant stake in Changyou

    No one ever made $$$ buying at the high. You make the bling bling by buying at the low points and selling at the high points.

    Look at the charts. The 50 day crossed up from under the 200 day. The last time this happened the stock launched like a rocket. Couple that with today's pullback, the great quarter and the fact that China and tech are hot and you've got a winner.

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