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E-Commerce China Dangdang Inc. Message Board

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  • gruen7 gruen7 Aug 12, 2012 4:33 PM Flag

    2 year downtrend still intact on DANG and RENN

    Dang a dollar higher then it's low means downtrend still entact. You see how it went higher before lower on the max chart but pretty much straight down.

    Listen I believe in Amazon big time though the stock way too high.

    Dang will never be an Amazon at least I don't think so, starting off in books seems stupid to me, was it because books are cheap and have a high markup or use to.

    Not saying Dang is the worst stock in the world, renn is, only joking but really not adding money here with the stock trading like big losses are soon reported, RENN quarter was ok but was more negative then the pros estimates. Dang will at best be ok and at worst big losses.If losses as big as some say, all time low is likely at which point I might buy some more Dang but feel stuck with both the renn and dang I got.

6.7279-0.0221(-0.33%)11:08 AMEDT