anyone who missed this...IMO...this is a very good entry point. Pulled back 3 points after earnings..earnings beat and the future looks great. I'm averaged at 5 and change. DANG and AVNR = LONG term holds. Very bright futures for years.
Trade be wary of china market.specially in the middle east.because the have no power to counter the usa.syria news.honestly it may pull back little more and back positive two weeks after the syria air strike if that should hapend.
Dang = CHEAP IMO. Whatever it does near term is always a question. I'm talking about the longer term. As for the near term though..this ran to almost 12 before earnings...and has now pulled back 3+ points. Earnings were a solid beat and forecasts by management are very good.
Dang is working their way to break even and is a very significant force in china ecommerce.
Their market cap and cash on hand make this a very compelling buy at this level. And, if it goes lower...I'd buy more.