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E-Commerce China Dangdang Inc. Message Board

  • ajalvarez100 ajalvarez100 Jan 24, 2013 11:43 AM Flag

    Interesting

    When this stock drops, it's called a scam. When it goes up, nothing. Definitely can tell the growing dissent among shareholders. But lets straighten things out coming from an experienced trader. This is not a scam company. The company's retail website is constantly updated with new deals and offers. Expansion is definitely visible. Investor relations sucks, but that's what you have to expect investing in a foreign company. Had a similar problem while owning RBS in 2010-had to look up investor news instead of having it provided. Company only openly commented during earnings release.
    The stock is range bound and maybe until the next earnings report. Buy when it gets into the $4.20s and sell over $4.50 if you're a short term trader. Buy in the $4.20s with a stop loss at $3.90 if you wish to be long.
    If you want to post or even look at this stock, be sensible. When you make some ridiculous comment that places this stock at $15 next month, you only look like a peabrain just like those who comment on how they're shorting to bankruptcy. I am long with a stop loss at $3.90.

    Sentiment: Buy

 
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