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It looks like you judge Shanda only based on a few posts of BBS forum. It is dangerous for you don't look at other variables and factors.
Jan 03 13:33 pm
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All Comments by Stephen Ngai »Investing In China's Online Gaming Sector [View article]
There are hundreds of million of players in China. The growth was 30% for 2006 & 25% for 2007 in dollar amounts of game industry in China as you mentioned as above. They won't play Shanda games as per your discriminated post.
Do you know that there are 5 GOOD NEW games will be launched in early January?
A lot of Good news will be coming for Shanda. Time will tell.
Disclosure: I am holding SNDA shares. Stephen Ngai