Seeking Alpha

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

Chinese internet dating site Jiayuan.com (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)
  • Another Chinese junk. I will stay away from it.
    21 Jun 2011, 12:25 PM Reply Like
  • 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
  • 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
  • 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
  • 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
DJIA (DIA) S&P 500 (SPY)