Hi Iceman1, As you know SINA is extremely volatile so it's a great stock to day trade. It went down huge due to the issues surrounding Sino ( sound almost the same). SINA has been trading since 1996 and covering by big U.S firms, great potential with Weibo. Way way oversold. Potential inverted H&S being formed on hourly and daily charts. Above $92.90 will lead to $108.5 (calculation of this pattern). Look at the volumes in the last 3 days. The day it went up $15 volume was good. Yesterday lower volume on a down day. Volume today is higher. So looks to me many weak hands gave up. Low oil price will help china control inflation. China stock market started to move up and will help china stocks. Quarter end window dressing will begin next week usually pulls market up.