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E-Commerce China Dangdang Inc. Message Board

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  • ajalvarez100 ajalvarez100 Apr 9, 2012 9:57 AM Flag

    Down day so far, but impressive

    Check a chart of SINA in early-to-mid 2003. Shares went from $9 to $40 in six months. You're in the online Chinese space. Wild price swings to the upside, especially when business model proves not to be fraudulent, can be expected. That's also why shorting these stocks is so risky as well. May work, but may lose everything as well. The best thing to do is buy, hold six months to a year and take profit while implementing careful stop loss orders along the way.

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