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Perfect World (PWRD) - Textbook Breakout

|Includes: Perfect World Co., Ltd. (PWRD)

It's rare to see a breakout this textbook. With the recent announcements of two new games reaching beta stage (one of them a potential blockbuster) and trading at 10x (9x this morning) earnings, this stock should be able to close the gap it opened after its last earning report. Looking to sell 80% of position @ 33. Remainder long term hold.

Disclosure: Long Positions initiated @ 26.93 and 24.96