History seems to be repeating itself, big drop between two quarterly results for no apparent reason.
Now that they are going to release Q2 result soon (July or August), you may get some decent return! I do not think their business model has much to do with inflation or oil price.... People still play online games even when they do not have enough to eat!!
I think the best bet now is SNDA, since it is the biggest and also dropped significantly already.
2008年7月9日 星期三
2008年7月3日 星期四
Keep going down...
It has been weeks since we see one day that the market is gaining. I do not think one should buy yet, as guessing the bottom is too difficult.
I actually short some stocks yesterday to hedge my long positions. Just in case....
My investment is down a little only because my two largest bets are actually up in the last two weeks! My shorts and puts also help a bit but they have all hit their profit taking price and hence I buyback/covered already.
Next step is to wait for a rebound signal, which should be some kind of news, so positive that people can use that as an excuse to buy for several days.
I actually short some stocks yesterday to hedge my long positions. Just in case....
My investment is down a little only because my two largest bets are actually up in the last two weeks! My shorts and puts also help a bit but they have all hit their profit taking price and hence I buyback/covered already.
Next step is to wait for a rebound signal, which should be some kind of news, so positive that people can use that as an excuse to buy for several days.
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