Hi finance, congratulation!
QIHU YY are changing the direction to the upside now. I remember you own these 2? They are great stocks, businesses, way oversold and undervalued. See my posts there this morning.
Justin Giles who also recommended VIPS said today QIHU has 65 upside potential. Take look.
First, each of us has Unique strategy so I will say how would I handle this.
Making money is all about managing rewards/risks
Stocks not often move alone unless ERs, unique news. They tend to follow the direction of the market.
Using options to hedge your longterm positions when it comes to ER is OK. NO ONE knows . Also, the price after depends on the expectiation prior to ER.
Using options to make money and betting ER is a GAMBLE and I do not do that. We can always make a lot after ER. Look VIPS after ER last time. It popped to $182 then came down to $120. What caused this decline??? The MARKET. Direction.
So answer the above questions you have my answers.
For now, VIPS is more in the overbought zone. Yes, overbought can be more overbought depends on the market. You DO NOT have to sell all. You did quite well for a short period of time. Taking profit is never a mistake!. Sell slowly and watch the tape. You can GAMPLE some for ER if you want .
We still do not know when ER is going to be. 8/18 is based on last Q 3 months ago. Company will announce date. What if after your expiration date?
When you make money, sold and it goes higher on much better than expectations prior to ER, I will wait for pullback and be HAPPY to buy higher than the price I sold. DO NOT SAY you LOST. I know people who do that. This is a NO NO.
I hope this helps. Say thanks. I wish posters are more helpful and appreciative. Good luck.
WUBA WBAI (cheapest) YY QIHU way oversold being undervalued. A lot more room above.GOMO
CCIH ATHM..way way oversold too. Stock prices will catch up with valuations.
Yes. Double top b/o today. Still far from $99.5 just beginning of this month ..way far from $165 analyst target and SA target too...way way undervalued.
I am here. Holding since $35. Look at CMG GOOGL PCLN, etc. VIPS is a great investment.
Take a look at YY QIHU WBAIway undervalued. China has years of growth in many sectors, eCommerce, Internet, cars KNDI housing, etc. Look at the fundamentals, many many of them are trading at much cheaper in valuations than same type of stocks in U.S.
Read the report from Justin Giles this morning I posted on stocktwits. Go there and join me.
For anyone want a lower price stock then DANG, about to b/o. Justin has $21 target. He is extremely good. Portfolio he recommended last year went up 148%. look at his current portfolio now...VIPS QIHU YY DANG BIDU GOOGL are on them. The list is on long. He has targets for all and extremely good research/analysis. The best I haven't read. He has 65% upside for QIHU.
Also follow JD JMEI great potential here. Watch first ER reports.
You clearly know the business in china very well.
What are your targets for JMEI JD, the newer IPOs. I held VIPS since about $35. I see china eCommerce has many years of great growth, also Internet and infrastructure to support the growth. BIDU also will continue to do very well.
Market underestimates the potential of QIHU YY. Good to add low.
If you do not want it to go up too fast then do not short more and stop posting fake info. Means shorts are panicking. People can tell the intention. Authentic post or not.
Posting fake information is illegal and will be put in jail. I heard him on CNBC. He was talking about HLF.
This is u ethical way to recover your loss shorting VIPS.
Stockspy1, joint stocktwits and you will like it. A lot of ideas there. See VIPS all time high . See my post yesterday on stocktwits and here. Ipst mostly there. Since I think a few people here can benefit from my posts so I post here once in a while..
Join Stocktwit and I posted there. Links do not work well on yahoo MB. You can get good valuable information there. I have same I'd there. Good luck
Two articles from SA:
1. Front page of SA yesterday as pposted on Stocktwits , said VIPS has 50% upside potential..
Justin Giles has a good track record. Read his portfolio last year . Up 148% or 128% (you can get then number in the report.
Justin has 2767 followers on SA, not the same as followers on Stocktwits. Stocktwits has many observers and not active.
2. Rubin Sushman has 9 followers. Published a negative article saying VIPS went up so much and the convertible price , etc saying sell at $202 $205.
Just compare the two reports and we can see clearly the quality of the analysts. Clearly Justin is experienced, knows what he is talking about, has all the facts to support his recommendations.
Rubin is the opposite.
Being an investor or trader, we need to have our own confidence to make our decision. Do not be blinded by the reports.
Good luck to all.
Check out the news just released AH. BIDU enters Brazil, eye Thailand Egypt. Article from SA under yahoo.
BIDU is a winner, remember they also expended to Silicon Valley, CA. AI center.
Market bounced back vey strong today. Surprised the shorts. Small cap stocks still waiting to make sure first. Some moved, some hasn't . QUNR WUBA ATHM YY QIHU CCIH, etc..
GOOGL up $24 today on ER, notes well for BIDU ER next week.
GOOGL also announced good ER, up $15 AH.
Good luck to all. This crisis will ve over just like the last few ones and the market will continue to clime higher and higher.
Russian said 23 amricans on the plane..
The world has to stop this please!! It is Putin, the root cause!