Nov 11, 2014 Oppenheimer Initiated Outperform
It is of my belief of sell on the news for those who are traders and got in at a higher price on the margin. They all would just love to take this stock lower and than jump in.
Looks like you right I bought this stock around 12 with all the special dividends I can't understand why it is going down so much. Your thoughts?
I bought the first day at 91 would like to buy more but hate to ruin my unit price...what is the best way to buy in small increments I tried to catch it at 112.00 but it slipped away ....any thoughts
The Chinese Internet company's initial public offering price is 30 times forward price to earnings, which isn't terribly expensive. By way of comparison, when Facebook (FB_) debuted in 2012, it had a 58 times forward P/E.
broker always use market orders....it will catch up but he could have done better and I would tell him so. Next time tell him limit orders only and tell him the price you want. You could have done what he did for a lot less.
any thoughts on the public offering ....how far do you think it will go down before a turn around. wonder if it's worth taking a small profit and getting back in....your thoughts. Thanks in advance