really?? how did we go down 7 million shares short without a bump in price??? You got played by the hedge funds.. .now move along.
maybe you should read a book about the stock market. Especially one on hedge funds and naked shorting. Maybe while youre at it you can figure out why apple lost 300 off its price...call those guys a scam. Maybe ipods arent even real. maybe the guys at apple arent putting out enough PR...
thus far the companies guidance on revenue and projected revenue has been right on the mark. When have they missed guidance?? Never
actually i'd like to thank you ... youre about to spring board the revolution.
they bought 3 million shares between 3.68 and 4.20. they are selling into their bids. If you poach their shares they are still making money. That wont be the case below 3.68. They are trying to squeeze out every last share. When a pro MF article comes out after the same guy bashed it at the same price a year ago....its time....but you have to be patient...this will rise going into the mid summer time.
5 billion mkt cap is what he has stated. nothing less. he hasnt sold any of his shares even when it went to 11. this will be a good year with some patience...
yes im sure the PR will trump the shorts from stacking the bids and selling into them to cover....only good news is that shorts are now down below 2 million and that leaves a week or so to get it moving the other way. cant beat the institutional shorts when they already have the shares to cover....its a matter or time.
Ever since joining tmall their media sales have soared. they have opened a huge lead over amazon with 50 percent market share...they now have 50 percent market share of text books too. i wouldnt be suprised as brick and mortar book stores close that DANG media doubles this year. They have done well there. The stock price will rise soon enough. 7 million shorts didnt cash out with their own shares if there was more downside.
books are the highest margin items anyone can sell at almost 20%. 3C the worst. Amazon makes over 13 billion in books alone a year. Competition is stiff??? DANG now owns over 50% of marketshare. Please dont make up stuff on this board. the importance of the brand power index is it filters out trash like 360buy. DANG is almost tied with Tmall and thats important in attracting store fronts for the marketplace. Thats hight margin. Thats money.
funny thing is if there is 1.3 billion in outside financing available, it values dang at 2b....and were sitting at mkt cap of 300 million. times seven
it only says that he's been offered 1.3 billion in financing but hasnt accepted it yet. He wont sell for less than 2 -4 billion which is what makes the stock a bargain here...
most likely scenario would be alibaba once it goes public in a stock and cash transaction. it would benefit from DANG's logistics