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51job Inc. Message Board

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  • f360docc f360docc Oct 13, 2010 3:05 PM Flag


    the challenge will be how do the longs get out and hold it up.

    with avg volume <150k any attempt to get out will crush this to the down side.

    they walked it up with 100 share lots by hitting the bid on a gap of 20 cents or so.

    everytime any selling volume hits the tape it drop 50-75 cents

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    • Glad someone is making money.. ongrats to the longs for this run. I am short now and those 100 share lots are deadly as you say.. That upgrade to 47 again is a year out.. Has high PE, hIGH enteprise value ond so on.. .

      • 1 Reply to iscm2
      • at 2:49 a fund dumped 19,600 shares. price droped over $1. apply that to a couple hundred thou they'll need to unload, the floor will fall through. wouldn't be surprised to see the same funds dump and short at the same time. often that's the pattern on these low float pump and dumps

        the funds who pumped this up in a way have painted themselve into a corner. todays gain is going to be tough to unload on new bag holders.

        with a lack of job creation they'll have a tough qtr to support a 50PE

32.60+0.03(+0.09%)Oct 21 4:00 PMEDT