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Chinese internet dating site (DATE +14%) jumps after Stifel Nicholaus initiates it...

Chinese internet dating site (DATE +14%) jumps after Stifel Nicholaus initiates it on valuation. The stock is down over 30% from its May high, and despite today's bounce, still remains below its $11 IPO price.
Comments (5)
  • tigersam
    , contributor
    Comments (1711) | Send Message
    Another Chinese junk. I will stay away from it.
    21 Jun 2011, 12:25 PM Reply Like
  • montanamark
    , contributor
    Comments (1434) | Send Message
    in the old days stocks used to jump when business fundamentals
    (e.g. growing sales, earnings increase, expansion, etc) improved.
    now, stocks jump when some wall street manipulator pumps something - usually a wrong or false opinion
    21 Jun 2011, 12:32 PM Reply Like
  • Stoploss
    , contributor
    Comments (1727) | Send Message
    Now all we need is for some "company" to open up a 'ghost dating' site, so there can be ghost dating in the ghost cities. Let's start with a 100x, then ipo it with a 1000x. Sounds about right.
    21 Jun 2011, 01:07 PM Reply Like
  • pishon
    , contributor
    Comments (35) | Send Message
    jumping up a little quick. looks foggy up there. i'm selling off half my position for a 30% profit and holding the other half. maybe i'll buy back in at a lower price.
    20 Jul 2011, 12:36 PM Reply Like
  • superhongkong
    , contributor
    Comments (5) | Send Message
    This company is getting lots of lawsuits in China right now. People got cheated of money and sex from fake members of the site. I heard this is a fake company anyway.
    28 Sep 2011, 09:38 AM Reply Like
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