I thought Tim said he was going to talk about it later in the evening but I didn't see him on any shows on CNBC taped online afterwards? or maybe I just couldn't find it.
how do you even know what I did, what I own or not own, how I vote or didn't vote?? why u assume anything? My comment to you have nothing to do with what I think of Yong. Worthless stock? it is trading $4 to $5 per share, #$%$ are u talking about again? save your last brain cell.
OMG, u are getting dumber by the minute, the more you post, the more I diotic you sound. The way you describe it, CDB is a charity organization looking to save US investors??? lol... like they give a f about any investors except themselves. You must be leaking brain cells by the minute with every post you make and you didn't start out with many so do yourself a favor and salvage something.
it is clear you are an I diot, I can't believe your stupid logic... are u f'ing serious that chinese people give a damn about Yonge??? those loans by ADB to Yong is between two Chinese entities, how the f does that involve US investors????
save the chinese people? this isn't about chinese people vs us investors... that is so amateur. The chinese people could care less what this company does and the chinese people lose $300 million? WTF are u talking about? do you know anything about stock markets?
will see how much volume trading today, pretty heavy already. I've been involved in this stock as well, it really needs to hold onto some gains for some trend to develop and this IPO spinoff needs traction. With the rest of the Chinese nets soaring, this was bound to pop, just how far and will it last?
guess those options did offer clues as to where the odds are for this stock to swing. 12k call options outstanding at 80 strike and 12k outstanding at 90 strike for March.
the govt owned an equity stake, you can split hairs by saying it wasn't open market purchase but bottomline is the bailout ended up equity ownership and it was the FED who negotiated the bailout of AIG. One arm of the govt puts up the cash, the other (FED) does the negotiation.
well, the bailout, of say, AIG was a FED position in the ownership of equities in AIG, although it is the Treasury that benefits - but it was a FED negotiated bailout so one can reasonably argue the FED do buy equities.
look like this a lot of calls out there for this month $70 strikes and above, more so than any other month this year. Someone expecting IPO news or some catalyst this month to pop the stock? or all these options go worthless.
new shares of the spinoff would be distributed to SINA shareholders. Not sure how they arrived at $8B valuation? If that was the case, I would think it should be trading near those levels now given all the hoopla surrounding WhatsApp and Twitter. Maybe Weibo is not gaining as much traction as WeChat and others have caught up fast? or maybe the IPO is still further down the road? or maybe the valuation is a bit high and it has to come down a bit? and outside of Weibo what are the valuable assets of Sina? I'm also on the long side but nothing close to 3k shares. You probably have a lot of conviction to put that much on the line.
sometimes when there is a large convertible like what Sina did at $700 million late last year, those investors essentially can short the stock and pound it since they have shares to cover it if the shares shoot up. Last time Sina did some issuance with Goldman, I think even the CEO lent out shares presumably to others to short the stock. This is just a very volatile stock.
they eat babies now too to keep the population down, don't you keep up with the news?