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Apollo Global Management, LLC Message Board

lawstuff22 208 posts  |  Last Activity: Sep 19, 2014 10:21 AM Member since: Jul 28, 2006
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  • Reply to

    MOBI News.Can it get any better?

    by lawstuff22 Sep 16, 2014 10:57 AM
    lawstuff22 lawstuff22 Sep 19, 2014 10:21 AM Flag

    8:24 am Sky-mobi designated an official business partner of China Unicom (CHU) in three coastal regions to promote data packages, and will be eligible to share in a certain portion of the revenue generated (MOBI) : Co announced that it, through its controlling subsidiary Mopin Technology, has entered into business agreements with three coastal provincial divisions of China Unicom (CHU). Under the terms of the agreements, Sky-mobi has been designated an official business partner of China Unicom in these regions to promote data packages, and will be eligible to share in a certain portion of the revenue generated. "With a stronger competitive position and a well-developed business expansion strategy, we are confident that we will be able to secure at least 1% of the data traffic market in China in the foreseeable future."

  • Tiger Global Bets 2300% Gain for Bitauto Isn't Over
    By Belinda Cao and Boris Korby - Sep 18, 2014

    Tiger Global Management LLC is making an almost $600 million wager that the rally in shares of Bitauto Holdings Ltd., the Chinese car listing website operator that has surged 2,300 percent since 2012, isn’t over.

    The hedge fund and private-equity firm, which was founded by a protege of billionaire investor Julian Robertson, held a 14.9 percent stake in Beijing-based Bitauto as of Sept. 12 after owning no shares as of June 30, regulatory filings show. The position makes Tiger Global the largest holder of the company’s U.S.-traded shares.

    Scott Shleifer, the partner at New York-based Tiger Global responsible for the investment, is pouring money into a company that has managed to tap the soaring purchasing power of China’s burgeoning middle class. Monthly auto sales have more than tripled since 2008 to 1.47 million units in August, according to the China Association of Automobile Manufacturers. The gamble is that there’s more room for gains after a rally that made Bitauto the best performer this year on Bloomberg’s index of the biggest U.S.-listed Chinese stocks.

    “We have a well-respected fund making a significant investment,” Jim Oberweis, president of Oberweis Asset Management, which also holds Bitauto shares, said by phone from Lisle, Illinois yesterday. “They probably look at the market and the opportunity for growth and say this is a pretty good market. It’s a good business and the valuation makes sense. How much the stock’s risen isn’t relevant to me.”
    Spending Power

    Shleifer declined to comment on the investment in Bitauto as did Chase Coleman, the Robertson disciple who founded the firm. The same day that the Tiger cub announced the Bitauto transaction, the firm, which has $15 billion in assets, also said in another filing that it ramped up its stake in that company’s rival, Autohome Inc., to 18.5 percent, or more than $300 million.

  • Reply to

    BUYING SHARES NOW

    by lawstuff22 Sep 11, 2014 3:59 PM
    lawstuff22 lawstuff22 Sep 18, 2014 8:12 AM Flag

    21Vianet Group Inc. Issues Second Response to Short Seller's Allegations
    21Vianet Group, Inc. 10 minutes ago GlobeNewswire

    BEIJING, Sept. 18, 2014 (GLOBE NEWSWIRE) -- 21Vianet Group, Inc. (VNET) ("21Vianet" or the "Company"), the largest carrier-neutral Internet data center services provider in China, today posted its second response to a short seller's allegations on its Investor Relations website, a copy of which is attached.

    21Vianet rejects the baseless allegations published by this short seller, who is once again spreading false and malicious statements about the Company. 21Vianet is fully committed to comply with all applicable SEC rules and regulations.

  • Reply to

    MOBI News.Can it get any better?

    by lawstuff22 Sep 16, 2014 10:57 AM
    lawstuff22 lawstuff22 Sep 18, 2014 7:44 AM Flag

    thanks for the post

  • Reply to

    MOBI News.Can it get any better?

    by lawstuff22 Sep 16, 2014 10:57 AM
    lawstuff22 lawstuff22 Sep 17, 2014 4:41 PM Flag

    There is some more major news out there somewhere. MOBI took off right at end of market

  • Reply to

    VNET Upgrade today...

    by lawstuff22 Sep 16, 2014 7:58 AM
    lawstuff22 lawstuff22 Sep 17, 2014 1:21 PM Flag

    You are so funny...NOT. Oh yah and the stock is up

  • Reply to

    OVER 15% SHORT - YIKES!! Sucks to be them!!

    by luke11111 Sep 17, 2014 10:56 AM
    lawstuff22 lawstuff22 Sep 17, 2014 11:00 AM Flag

    Share Statistics
    Avg Vol (3 month)3: 567,048
    Avg Vol (10 day)3: 350,643
    Shares Outstanding5: 31.24M
    Float: 15.05M
    % Held by Insiders1: 21.36%
    % Held by Institutions1: 18.40%
    Shares Short (as of May 30, 2014)3: 4.65M
    Short Ratio (as of May 30, 2014)3: 9.40
    Short % of Float (as of May 30, 2014)3: 23.30%
    Shares Short (prior month)3: 4.73M

  • Reply to

    VNET Upgrade today...

    by lawstuff22 Sep 16, 2014 7:58 AM
    lawstuff22 lawstuff22 Sep 17, 2014 10:51 AM Flag

    Late Monday, Pacific Crest Securities upgraded 21Vianet stock to outperform from sector perform, with a price target of 30.

    "Recent concerns over business profitability, balance sheet health and business acquisitions have weighed on the stock. We believe those concerns are overdone," wrote Pacific Crest Securities analyst Cheng Cheng. "In addition to hosting services, we also see an emerging opportunity in cloud services through a partnership with Microsoft (NASDAQ:MSFT)."

  • Reply to

    MOBI News.Can it get any better?

    by lawstuff22 Sep 16, 2014 10:57 AM
    lawstuff22 lawstuff22 Sep 16, 2014 8:01 PM Flag

    i agree

  • Reply to

    VNET Upgrade today...

    by lawstuff22 Sep 16, 2014 7:58 AM
    lawstuff22 lawstuff22 Sep 16, 2014 7:49 PM Flag

    I doubt that. This is a good company

  • 8:02 am Sky-mobi announces strategic partnership with China Telecom (CHA); will provide customized software for physical stores (MOBI) :

    Co announced that it, through its controlling subsidiary Mopin Technology Co., Ltd., has entered into a strategic partnership with E Surfing ("Tianyi"), China Telecom's mobile internet services platform.
    Under the terms of the agreement, Sky-mobi has been designated as an official business partner with China Telecom to provide customized software services at China Telecom's network of physical stores nation-wide.
    The cooperation spans a wide array of services which include mobile assistant services, product introduction and installation, operational support and data analytics, as well as software tutorials for China Telecom's sales staff

  • lawstuff22 by lawstuff22 Sep 16, 2014 7:58 AM Flag

    Pacific Crest Upgrades 21Vianet Group Inc (VNET) from Sector Perform to Outperform

  • Reply to

    BUYING SHARES NOW

    by lawstuff22 Sep 11, 2014 3:59 PM
    lawstuff22 lawstuff22 Sep 15, 2014 4:14 PM Flag

    Thank you.

  • Reply to

    BUYING SHARES NOW

    by lawstuff22 Sep 11, 2014 3:59 PM
    lawstuff22 lawstuff22 Sep 15, 2014 11:44 AM Flag

    Still making money. What a great stock

  • Oppenheimer Upgrade of Nokia Co. (ADR) (NOK) from Market Perform to Outperform with a price of $12.00

  • Reply to

    BUYING SHARES NOW

    by lawstuff22 Sep 11, 2014 3:59 PM
    lawstuff22 lawstuff22 Sep 12, 2014 5:09 PM Flag

    Thanks, I just felt it was hit to hard to fast, and who is Trinity? and what makes this short seller an expert. Reminds me a little of HLF

  • Reply to

    BUYING SHARES NOW

    by lawstuff22 Sep 11, 2014 3:59 PM
    lawstuff22 lawstuff22 Sep 12, 2014 3:43 PM Flag

    I would hate to be short this stock over the weekend

  • Reply to

    BUYING SHARES NOW

    by lawstuff22 Sep 11, 2014 3:59 PM
    lawstuff22 lawstuff22 Sep 12, 2014 3:33 PM Flag

    NEW YORK (TheStreet) -- Shares of 21Vianet (VNET_) surged 28.61% to $19.96 on Friday to recover its major losses from earlier in the week after Morgan Stanley (MS_) defended the company's core business despite fraud allegations.

    The firm reiterated its "overweight" rating with a $35 price target on Thursday after the company held a conference call to respond to the claims. Morgan Stanley said 21Vianet's core business is still intact and values it at $1 billion, or $15 per ADS. The firm also sees upside as management clarifies some disputed items.

  • Reply to

    BUYING SHARES NOW

    by lawstuff22 Sep 11, 2014 3:59 PM
    lawstuff22 lawstuff22 Sep 12, 2014 2:55 PM Flag

    I am having Fun Today...ARE YOU?

  • Reply to

    BUYING SHARES NOW

    by lawstuff22 Sep 11, 2014 3:59 PM
    lawstuff22 lawstuff22 Sep 12, 2014 12:32 PM Flag

    A whole different crowd on this board today

APO
22.65-0.29(-1.26%)Sep 19 4:00 PMEDT

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