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E-Commerce China Dangdang Inc. Message Board

  • bearishbulltrader bearishbulltrader Apr 15, 2014 9:05 AM Flag

    Alfreddejava, collector_carguy, kwik_scan, growthstocks - lets talk, here we go

    We can begin a new discussion here and bounce ideas off of each other. I've been loosely following Dang, I'm still learning more about the company and any information I can't get by a quick search - feel free to pass along.

    From a trading perspective, I see a near term target of $11.89, as I suggested to another one of Giovanni's cronies (if not another alias of his).

    Anyway, though this we can all try to make more informed decisions.

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    • i'm hiding. this is scary market. market taking it all, every bid.port totalled. PRAY. maybe a miracle could stop this freefall, CHEERS!

      Sentiment: Hold

    • Beat my target by $0.07 so far, and whadduknow, bounced. Looks like it wasn't tradable, but it still got there and turned quickly.

    • Oh, and on the reply to his crony (or himself, whichever), I said "it could come today but I'm not holding my breath," this is because I see the QQQ's heading lower, I still see them shaving off a couple of points and any time that has given up points, Dang has as well.
      $11.89 is only near term, it could go even lower, I'm checking that out later today. For now, I know what I expect this thing to do.
      If I was to trade that target, I'd do so with a tight stop loss - it could produce a nice bounce (tradeable) of 0.50 or more. I'd give more numbers but typing gets annoying sometimes, I'm sure you can relate.

 
DANG
6.630.00(0.00%)Sep 20 4:02 PMEDT