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Avanir Pharmaceuticals, Inc. Message Board

  • tradestoxx11 tradestoxx11 Apr 27, 2012 10:45 AM Flag

    OT: Dang

    I have initiated a position in DANG...joining mikie and others.

    Rating = buy

    In a 1/2 position..other 1/2 allowed for averaging

    Entry price = $8.32

    What i'm seeing in my DD is a very interesting company here. they're growing by leaps and bounds and have put distribution facilities in many places in China.
    They were profitable but now are seeing (very) mild losses due to their entry into general merchandise.

    They appear to be emulating Amazon's business model in china..and doing a pretty good job of it.

    Buy rating for me = max 5% of portfolio position

    ~TS
    jmho

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