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E-Commerce China Dangdang Inc. Message Board

  • fpl1971 fpl1971 Mar 7, 2013 3:42 PM Flag

    normal pull back ... seems like this stock has many swing traders, played for earning report.

    swing traders taking profit. if you long this stock, borrowing no geopolitical issues, you can expect this stock to soar in a year. why? simple. Amazon got approval with kindle to enter chinese market is similar to when google got to operate in china, and then got out. why? chinese government play games. they approve you to get in so you can loose money in their market. they will censor and ask you to pay fees to run business as long as you are a foreign company tapping into their consumer market. why? they do it to make $$$ while discourage foreign competition on their native soil. is that so wrong? no, every countries do it. the reason why we are not strong in that department because our politicians can be bought - such as lobbying. it takes Amazon to sell kindle at cost $299. A chinese version of kindle probably will only take $50 to make at cost. so you are looking at if Dang decides to enter into hardware reader market, it can easily done so ... the only problem is running the support for the platform. shouldn't be hard to could imagine. in any event, dang has tremendous value and $300 million dollars market cap .. is too cheap.

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