Down 13% today Ouch! Great chance to reload at these levels though. I'm waiting in the $26-28 range. Hopefully it drops a bit tmrw for my sake.
iIm sure you have many more alias as well. Just like the rest of them on yahoo msg boards. I have a few SA buddies of whom I like to read their articles. Just because of a few bad apples doesn't make all apples bad.
I've traded in and out of VIPS for while. Made good money at it as well. Its easy to tell who the fools on the msg boards are and the stuff they try and put out. For instance beanxxxx doesn't even know who wrote the short article on Vips about the secondary. I wonder how he's doing on his investments lol
Do you guys remember at all what you read? I'm not long VIPS or short but some of the comments on this board have been ridiculous and made me laugh. Is beanxxxx on drugs?
Here is what beanxxxx had to say...."justin giles from SA is the one who wrote it. lots of ifs, maybies in the story and note JUSTIN GILES IS SHORT., So obviously he is going to write a negative story."
First of all Justin Giles did not write the article. Greenwich Research Group was the one THAT WROTE the article. Second of all, all SA authors must disclose their positions like Greenwich did (They are short VIPS). Justin is not long or short VIPS or else he would have disclosed it in his last SA article about DANG and VIPS.
If you think I'm lying just look it up. It's not that hard.
Anyways, just remember before you post something make sure its not something stupid like beanxxxx posted or else you will look like a fool. Later fellas!!
I agree mikie! I think the growth in Flash Sales is still huge in china and there is plenty of room for companies like Dangdang to benefit from.
Outdated Information? Hahaha That's a good one. Are you a comedian by chance? Anyways, analysts don't give updates every day you know... so what new information do you have to share with us?
RENN is toast for awhile. DANG is on the uptrend my friend. You holding shares of DANG?
The SA guy (J. Giles) has been SPOT ON with his articles on RENN and DANG. Just go and read his previous articles on them. Just because he isn't overly bullish on DANG doesn't mean he's on drugs or something. I enjoyed the article.
Very good analysis. He called that RENN would beat earnings. He was only $0.3 million off revenue estimate. A whole lot better than what the street thought would happen. I suggest you all should take a look at it. RENN is def a long term stock...Not a quick buck anytime soon.
Just downgrades. Ouch! No worries long term this will be a good play. Just won't do much this year. Next year will be lots better.
To much pridein the way. I don' think anyone would want to walk away after trying to build something up. Renn will be fine in the long run. 2+ years from now. However short term this thing will just tread water.
I currently have no position in this stock. Sold everything after seeing bad guidance. You?
I think they beat on rev's but guidance comes in weaker than forecasted.
I think Dang will liekly fall back into the $4.00-$4.50 range.
What are your guys realistic predictions???
"But it will slowly ride back up today and close about 25% shy of the high today."
Nice call man! What other great insights do you have? Please enlighten us. LOL
Investing 101. A company will not get an upgrade because of a earnings beat especially when guidance is 10% lower than what analysts were expecting. I tried warning you guys to get out AH after earnings @ $3.10. You guys laughed at me. Who is laughing now.