Social media in China has been generally downgraded and whipped into submission. Not so sure it's company specific although some folks think the customer usage data is the main culprit - I don't.
You seem to know a helluva lot about this company based in China. General info on it is limited so I really appreciate your appraisal. I, too, am holding thru the ER.
etc. you have to wonder how 2 million or more shares can trade daily for so long - there's only 32 million shares in the float yet sellers continue to come in dumping shares as though the float was 10 times that.
Was thinking the same thing but you beat me to the punch. Don't have a dime in LL but like YY, it's being taken out to the woodshed and now some Senator is jumping into the fray.
Thanks for the comments and good luck to all of us faithful longs.
BTW, stock is way oversold as though it's a foregone conclusion that the upcoming ER will be bad which I think may be way premature. Every rally has been thrwarted and people are leaving it like rats from a sinking ship. Last 4 qtrs have been positive surprises and I don't see a break of that pattern.
The chart came out very fuzzy so hard to interpret. Looked like a drop at the end of the chart but a big surge up preceding it. Unable to determine dates involved so don't know if it effects previous qtr about to be reported or not. Have you got a more clearer analysis of the chart and if so let's hear it.
Selling going on for a month without letup. You'd think it would run out of sellers but they keep hitting the sell button. March 5th is pivotal - good ER and it should recover somewhat.
Back in Aug. 2014, the CEO (Rai) sold off about 3/4 of his holdings but still has well over a million shares. I can appreciate his wanting to cash in on the profits but still find this a little disturbing. Any thoughts?
I spoke too soon. Just hit 98 so it's mojo is still intact for now. Tomorrow, who knows? Markets can be tricky at times and make you scratch your head.
Sentiment: Strong Buy
They'll #$%$ every chance they (the manipulators) get. Got out of it well over a month ago and wouldn't touch it again.
SELL, SELL, SELL those ridiculously overpriced shares. Out. You'll feel so much better later - I guarantee it!
My absolutely final note on this one. Today Mon. 2-3-15, it was released on the wires that they had been found guilty of paying off several local counties in N.M. to get federal subsidies which explains why it continues to drop. Once again, I dodged a bullet.
Closed out my position on 1-28-15 at 48.95 for a 33 cent a share profit or about a measly 300 bucks profit. Didn't like the action on it and exited. Moved on to RUSS and did a helluva lot better with a profit of 2,800 bucks profit which I just closed a few minutes ago. This trading game I play has its ups and downs but lately I've been lucky. Hope all your trades are good ones. I'm back to watching the markets and trying to figure out my next move. Maybe somewhere down the road we'll talk again - it was a pleasure.
Markets closed and the ride was interesting. Up 70 cents with about an hour left and then someone stuck a pin in the balloon settling at up 2 cents. Sometimes holding is a fool's game - waiting while others are selling like crazy. Oh well, tomorrow's another day and another mind game.
Watching CYH is a little spooky on Tuesday. All the markets are rolling over while healthcare is holding fairly well (a safe haven?). Almost no volatility with the stock very slowly going up on low volume. Makes me wonder what it would be doing if the markets were not down 1 1/3%. Still holding, watching and hoping for a happy ending to this one. And you? Doing the same as me - waiting?
Ah, there is intelligent life on this planet. Hi there. I faced the same questions you've asked yourself and I jumped in last Friday at 48.32 thinking the risk/reward was pretty good. It wasn't that long ago that it was fairly higher than now and things have gotten better IMO. At first, I looked like it was stuck in the mud but as you can see, about 3 hours into trading it came alive and is beginning to look like my decision was sound. I agree about the debt issue but this seems like a growing hospital holdings firm and running up debt is part of the game if you want to become a major player. It may finally become so attractive that another player may consider merging or buying them out but that's much further down the road than I would be interested in. I'm pretty much a trader, not investor and if I can make a decent size profit in a short time, I'll say sayonara to it and move on. I never get married to a stock like some out there. I've never played options so I have no advice or comment regarding that. Your message is about 1 1/2 hrs old which is just about when in went up to 49 so you've missed the move or maybe you did jump in and made the move. Whatever, let me know what you've done or not done. They appear to be the 3rd largest player in this sector (publicly traded) so they're not a small fish. HCA seems to be No. 1 and they got a nice rise today.
NO ONE HAS ANYTHING WHATSOEVER TO SAY ABOUT THIS STOCK? INCREDIBLE! I've been on some boards where there'll be a dozen pages of banter every day. There's two postings very old and they're just advertisements. Pitiful. If there's any life out there, respond and we'll try to enliven this site.