DANG was never an amazon of china as there were bigger players who are now going public - SELL DANG
DANG will be wiped out of the market as their competitors pour $5 billion in competitive moves and destroy DANG. - SELL
DANG has no competitive advantage whatsoever over its competitors. GIve me one and I will change my take on DANG - SELL
DANG's management has been quiet, why? because there is nothing to say to support their story - SELL!!!
MORGAN STANLEY should be sued for falsely marketing DANG ... what a rip off and destrcution of reputation ...
DANG's losing money and as they try to catch up they will run out of cash ...and be delisted - SELL
DANG IS WAY OVERBOUGHT AND SMART MONEY LEST IN JUNE. DONT WAIT TILL YOU SEE DANG at $0.5 a share .. SELL AND MOVE ON.
Your baseless ranting just shows how vervous you are holding DANG short over the weekend! The downside for LONG DANG is less than $1 per share, but the downside for SHORT can be $5, $10 per share. A good squeez will destroy SHORTS. DANG can use its cash to buy its own shares to start the squeez! Be careful SHORTS!
dang will close strong and others chinese as well
and monday will be the real game
next week will be the rally week as a counter effect of what's happening in the market these week, investors moving into chinese cause the best bargain is there with great potential not like US market with all their problem attached to it
after big sell of and manipulation by wall street crooks
same Hedge funds will buy this out
vbunduk, please change your user name if you're changing position. You're a pump and dumb at its worst. Or at least wait til next day so people can't see your previous post when you said this will go to 12 by December.
In response to your comment regarding competitive advantage, here is an excerpt from an interview with Dangdang CFO Chia-Hung Yang:
QUESTION: In a previous interview, Qiangdong Liu, CEO of Jingdong Mall, said that his company would continue to compete vigorously with Dangdang in the field of books, stating “Dangdang’s gross margin in books is 23%, while our target on gross margin is less than 10%.” How will Dangdang cope with Jingdong Mall’s low-price competition?
YANG: Dangdang is the absolute leader in the field of online books in China. We have not only the most comprehensive selection and the most competitive prices, but also the most experienced team. Currently, Dangdang has 120 strategic suppliers and a large number of exclusive publications. Dangdang’s brand motto and low-price guarantee has consistently impressed our customers: “Buy books on Dangdang and never lose out.” It’s very normal for price competition to arise in the publishing industry. In the past few years, Dangdang and Amazon have engaged in frequent price wars, and for many years Dangdang has ended up as the winner. Compared with Amazon.cn, Jingdong Mall did much worse in book investment and technology. Therefore, Dangdang does not worry about the competition.
In addition, in the book industry, where 80% of the market is still sold via retail stores, Dangdang’s bestsellers list has become the industrial benchmark. Publishers are very keen to cooperate with Dangdang and to enter Dangdang’s bestsellers list, in order to gain visibility for the 70% to 80% of sales that are offline. Dangdang’s advantage in the book industry has been built up over more than 10 years and is not easily eroded.
Full Article: http://news.ichinastock.com/2011/06/interview-with-dangdang-cfo-revenue-growth-over-short-term-profits/