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Sohu (SOHU -2.9%) falls on a downgrade to Neutral from UBS. Shares took off earlier this week...

Sohu (SOHU -2.9%) falls on a downgrade to Neutral from UBS. Shares took off earlier this week after subsidiary Changyou (CYOU) announced a special dividend and plans to float an IPO for its 7Road gaming division, but remain down over 50% from their 52-week high.
Comments (4)
  • Paulo Santos
    , contributor
    Comments (19413) | Send Message
     
    Really nice timing by UBS. Like, have it at overweight all the way down 50% from the high, and put it on neutral now. This is advice that's really worth receiving.

     

    Geez, they could even go further and say one should switch to a safer stock, such as, say, AMZN. UBS must have that at overweight as it hasn't fallen 50%. Yet.
    10 Aug 2012, 02:56 PM Reply Like
  • DeepValueLover
    , contributor
    Comments (8610) | Send Message
     
    Given the price action I am starting to wonder what the market knows about SOHU that the investors don't...
    11 Aug 2012, 04:21 AM Reply Like
  • Paulo Santos
    , contributor
    Comments (19413) | Send Message
     
    SOHU doesn't seem as cheap as the pure gaming stocks, while being identified as one, that's also a factor.
    11 Aug 2012, 06:47 AM Reply Like
  • User 25637
    , contributor
    Comments (3) | Send Message
     
    its like sohu is being controlled remotely, like a drone....shorts made a fortune this year, and their was really only a china slow down in the
    economy but its not like china is gonna go broke with trillions in
    CASH in the bank, and thats public money..mr. chanos big short on
    china is a bit premature... people buy and sell real estate over there
    instead of stocks because at the end of the day, worse comes to worse, you own some real estate an apt, house,commercial, it
    never goes to a zero asset, like offshore reverse mergers which
    were just offshore american listed companys merge with a chinese company that wants to go public in the u.s then they don't have to go though the expensive I.P.O process but then the ameicans and the chinese just short it to death and suck the cash out of it like a crawfish head in new Orleans...or a long term pump and dump...and to boot, shorting stocks in china is illegal...jp morgan did most of the reverse merger listed chinese companys that are now bankrupt or facing litigation. and the chinese board of directors and corp. officers just run off with the cash or shares if they are shorting it...got to be careful with chinese stocks....
    11 Aug 2012, 10:37 AM Reply Like
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