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Acorn International, Inc. Message Board

  • memyselvesandi memyselvesandi Dec 13, 2007 1:03 PM Flag

    You have to admit, this stock is a

    crapshoot. There's a dearth of reliable info on this stock, and lots of speculation.

    Moneycentral gives it a rating of 1, but at the same time says that "the stock is under heavy accumulation by institutions", a pro.

    The company also had a bit of competition, not the least of which is, Alibaba's consumer to consumer trading site.

    And they clearly have oodles of products to offer.

    ATV is a bit more specialized and upmarket. But it needs to expand its offerings, including jewelry. And most of all, it needs to move from a COD mode of business to Credit Card payment. The Chinese are moving to credit card payment.

    And lastly, it needs to build alliances, particularly with QVC which has recently started its move into China.

    This stock is a gamble, and that's how I am approaching it. One Google ATV msgboard basher says he intends to buy in at 5 bucks. Time and the next Q will tell.

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