Dear Mr. xxxx,
Apologies, but we can not comment on rumors of mergers or acquisitions. That said, please note that there has been no formal announcement of any activity in either China or elsewhere.
Dangdang investor relations.
Actually going back over 1 year. Maybe 18 months.
you'll see a very sharp sustained rise.That just kept on going until it did finally pull back. Way back.
Maybe the volume today is an indicator of something more solid and not just a pop and drop.
We are just hours away from finding out. Let's say smart money knows there's truth to this buyout offer. If it's true. We will know tomorrow cause these things can really run up if there's meat to the story.
I say there's meat.
But than again, I have to say that. I have a pile of Calls that were worthless that suddenly have life.
If I'm going to pump anything. It's gonna be the volume and the chart and what ever is moving it, rumor or not.
That some thing moved the price up today, and it moved with heavy volume. "RIGHT WHEN" we thought DANG was dead money after a terrible earnings report !
This fact alone, makes this move today even more significant !
In the face of bad earnings, DANG rises from the ashes with VOLUME !
So yes, bottom line is, somebody that has the muscle to BUY and the BRAINS to COVER short positions, DID EXACTLY THAT, TODAY and the proof is in the chart !
cant argue this !
no there wasn't 12 million shares on May 25th, the market was closed on May 25th, MORON !
Today was the highest volume on an UP DAY in OVER a year, August 14th had 9.5M shares on a down day.
Other than this, today was in fact the highest UP DAY volume in over 12 months of trading.
Where on earth you get May 25th, maybe out of your #$%$ ???
That's the question !
that's puts us about $22 pps.
were they offered $2B to buy out entire company ?
Or just a major stake which placed value at $2B ?
what does a cell phone maker have to do with iTunes, apps, online shopping from your phone, advertisements on a phone, hint hint hint..
probably goes up, on news of $400M investment stake taken in DANG at a higher valuation. $2B
Jack Ma in town, I bet his words moved this stock today !
NOW THATS FUNNY !
I guess you'd know the full meaning of "smoke and mirrors than" LOL
Is that an engulfing candle I see ?
NO FADE TODAY, CLOSING ABOVE $10 ON 8M shares !
they use their own GSCO on the sell side, but use a phantom ARCA on the buy side to buy far more than what they sell, don't ya know ?
They show their GSCO on the sell side, only to keep the price low, so they scoop up shares on the bid using ARCA or NSDQ
who takes "brave toe nails" seriously ?
I mean heck, are you one of those chicks that hang their toe nails over there shoes ?
I bet you don't even trim them do you?
guy has tons of cash !
He has to rent a ship to carry his cash at sea so nobody can steal it, actually its a nuclear sub.