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E-Commerce China Dangdang Inc. Message Board

  • ajalvarez100 ajalvarez100 Jan 9, 2012 4:54 PM Flag

    Why the Jump After Hours?

    Does anyone have a clue why this stock is up over 4% on pretty heavy after hours volume? I don't want to get too excited without having a reason, but this stock typically doesn't have this kind of volume or movement after hours.

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    • Don't get too excited then, but here are a few reasons:

      1) damn fawking oversold, how long abd by how much more can you expect a solid growth stock with ton of 2/3 of uts cap to drop?

      2) lots of accumulation in $4 and 5.5 million shares bought by hedge funds

      3) closing near it above $5 for a while

      4) techincally nearing a break out

      5) even baring any lbo or takeover, this stock can shoot up just by basgain hunters squeezing the shorts

      6) and ... if you follwed the smart money, you'd see which month and strike peice being bought since last week

      $9-$10 within 2 weeks
      mark my post

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