Very bad sign. Earnings beat yet dropped in after hours...
You agree with my point. The somewhat low volume in after hours shows no excitement for YOKU despite a slight earnings beat. Not a good sign. Folks are writing this stock off and moving on... No significant new buyers are interested. Hence, YOKU will fall until its valuation gets to something reasonable well below a billion dollars...
actually with 3.xM today, it showed a strong trend reversal; not sure if you follow Chinese companies but most of them don't trade much after hours(could be that major investors are actually in Greater China area).
if you are "writing this stock off and moving on", please do it. I don't see any positive contribution from people like you. All you do is post the same thing over and over again.
Lol, you sound just like the bashers of GMCR before and after earnings were announced.
I think the slight retracement has more to do with YUM missing expectations. I did what every smart person would do in this situation. I bought a few thousand more shares at $16.55.
There is NO way they can hold this down after a great quarter and raised guidance. That much I'm sure of.