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Sohu (SOHU -4.8%) is selling off again today, likely on account of fellow Chinese portal owner...

Sohu (SOHU -4.8%) is selling off again today, likely on account of fellow Chinese portal owner Sina's disappointing Q4 guidance. Shares fell on Wednesday after HSBC started coverage with an Underweight, and (like Baidu and Sina's shares) aren't far removed from their 52-week low. NetEase (NTES -5.5%), which dived yesterday in response to its Q3 miss, is also having a bad day.
Comments (1)
  • User 25637
    , contributor
    Comments (3) | Send Message
     
    ok, here are the facts, sohu, gulf resource's, puda coal, china nat. gas all reverse merger companys created and located off shore in Bermuda etc.they are called vie's entitys...these companys partnered with mostly j.p. morgan to help and show them how to set up this "situation".....
    ,,,ok, so far??? it is illegal to sell short stocks in china..BUT is it illegal for a Chinese c.e.o to short his own company stock offshore and bring the money back to china???? i would not think so....maybe i am wrong...but j.p. Morgan and any chinese/american partys involved in the v.i.e's are looking at a short sellers gold mine and sohu has a 1.4 billion market cap??...and no doubt j.p.issued the stock certificates
    themselves ...so no problem getting possession of the stocks to short them...and put options???so who needs the stocks??? think this is why the s.e.c is investigating gulf, puda coal, all of the reverse merger v.i.e stocks and maybe sohu too soon?? sohu IS like a toy mouse being played with by the big house cat of wall st, AND the chinese.......truth hurts boys....
    18 Nov 2012, 04:20 PM Reply Like
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