What's with this stock all of a sudden? great volume, great moves, no recent news that i can find. it's sweet to find a nasdaq stock like this among all the oversaturated large cap stocks such as msft or intc Anyone else trading this? (CHINA)
It's a Yuan/$USD revaluation play. Just look at the Shanghai property shares that trade in Hong Kong. Dr. Zhivodka
Not sure if you noticed, but anything to do with foreign internet has been on fire this year. Besides CHINA, I've been trading NTES, SOHU, SINA, ASIA, IIJI, EWEB and REDF. Although I would not personally trade such a thin stock GSOL moved 50% today on less than 100,000 vol.
I've been following it for a little over a month now. This is the second play of it for me. I found out about it while in Dallas watching a late night news/info program on the dish. I hope it plays like this a little longer though. Can't argue with those returns!
go to yahoo message board, pick a chinese stock, read the messages.... theres enough people pumping all kinds chinese stocks there.
I have a global stock watch list, be careful for the kind of bubble stocks. You do not need to read millions of posts: ATS CTEL EWEB EURO ECGI PACT ANDR PCNTF IGLD ASIA DFCT NWD CYD RNA SINA NTES SOHU CHINA CHRB ASIA XING GIGM CHL CHU CHA MCHFX REDF SIFY IGLD ACH CHN IIJI CWCI EWJ JEQ JOF
Not China related, but look at EASY. Great technical setup - moved above the 200DMA, and is consolidating over the past several days. :eek: