What I mean by that is the market is about to go up–in slang terms of course. If I had to guess, I’d say 25% of you ate hot dogs for dinner, greedily salivating over your tray because of the gloomy news. The more people die the better you feel. In no uncertain terms, you are a ghoul, the very worst person in the world, a hitler amongst hitlers.
Anyone who is invested in the destruction of western finance is a terrorist and should be treated as such.
Now that I got that out of the way, let me remind you that “The Fly” is ‘CHINESE’d UP’, long nefarious stocks based behind the great wall. While accurate accounting may not be one of the great attributes of motherland china, it’s also true that chinese companies trade at significant discounts to their American peers, by all metrics. The proverbial baby is often tossed out with the proverbial bath water.
My guess is this, very simply: the run in China continues, up until the point when Alibaba goes public. This is web 2.0 folks. Most people didn’t believe web 1.0, when GOOG and AMZN were trying to grab a foothold. Eventually these stocks will become mainstream and when they do, valuations will normalize and stocks will fly.
Some chinese ideas include: JD, WB, JMEI, BIDU, TEDU, LEJU, SFUN, QIHU, VNET, ZPIN, LITB, BITA, WBAI, YOKU, KANG and DSKY.
I just bought me some DSKY on Friday. It’s a fantastic little company on mobile gaming. Being brand new, recently IPOd, look for it to make a sharp move higher if others jump onto the bandwagon.
FYI: This is the real reason why both China and Hong Kong are running. Cross border investing will lead to capital accounts being put to work in stocks.
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$QIHU is my favorite play here.
Got dammit that is some solid ass logic. Too many people have too much to gain from a successful Alibaba IPO. THE MARKET MUST BE HELD ALOFT.
I need to dump some of this EWZ and buy a fistful of burritos. We run for the remainder of August…thats my call.
Read the article I linked
Article sounds negative, but i take it the main point is that candyland is open to foreign investors finally? Great for people who are tired of buying the shit that is in FXI.
this could actually be negative for brazil and some other markets as money migrates to china.
The broader point is cross border investing.
The market is far greater than Alibaba. God bless us.
$IFON home.
LEJU FTW
JD announce a pre-mkt Fri. What make Ali-Baba underwriter so more happiness then JD for destroy announcement earnings for “accurate accounting” dim sum? Every one my wan sum!
Can someone translate what this fucker just said?
hahahahahahahaha
He’s ordering Chinese take out
I’m chinese and I still dont know what he is talking about..hahah
Past tense, first person possessive, “he ordered the Chinese dim sum takeout”
he said “playing chiner stocks is phaukking stupid. why not try your skill at the roulette wheel.”
donde esta fucking YY?
I was long at 45, so now I want it to go to zero.
Makes complete sense. Been long since 16 and bitched to StockTwits for not registering the ticker back in Nam.
I had Hamburgered Helper for dinner, ultimate beef stroganoff.
Had a foul (no pun) tasting chicken Mexican burrito for dinner. Makes the Chinese type seem all that more attractive.
Good Sir, is cross border investing good or bad for Chinese stocks listed on US exchanges?
Dr, Fly, I don’t see Cronkite on the front page like I used to. I do see the “Breaking News” listed on your page to the right, but there is something amiss… I’m worried.
I nuked news
Ok. Sad to hear, but admittedly, I was an infrequent visitor. Much respect to Cronkite. He always responded to my undeserving little comments…
I only recently discovered Cronkite.
I’m a fan.
Was a fan. Lol
Could it be that you’re blading some ground for the return of The Devil??
The Devil is busy being a merchant banker
yet, he sat at your table filling himself with ‘Mutton’ and ‘White Russians’..an honorary tab?
He plays other roles
Fly–
You look at $NTES at all?
Add WUBA and CMCM to your list. Sick price action in CMCM over the past week.
sounds like a description of IT IS SHOWTIME
“The more people die the better you feel. In no uncertain terms, you are a ghoul, the very worst person in the world, a hitler amongst hitlers.
Anyone who is invested in the destruction of western finance is a terrorist and should be treated as such.”
What is ironic (and will be ‘proven’ to be ironic)
Is if more people were tracking, paying attention, aware
The devastation/collapse scenario. Could be averted!
I guarantee I am ‘partially’ misunderstood
‘Your’ real enemies are the progenitors of this contrivance
I’m about to get paid today. I need four mo’ dollars out of TNA, and 2 bucks out of EWZ. Then I shall prepare for a decline of massive proportions.
i doubled my QIHU position.
I will be out all day. Raul is in charge.
I hope you are out helping Mrs. Fly spend your many monies.
https://www.youtube.com/watch?v=Rva_JBOkpOs
PCLN announced they intend to buy up to 10% of CTRP…jives with the above link.
LEJU is going to go ape shit eventually. Tiny float (about 6-8 million depending on institutional ownership), earnings are going up 50%+ this year and they have an exclusive partnership with Zillow coming out:
http://investors.zillow.com/releasedetail.cfm?ReleaseID=837607
Trades at 13 fwd p/e vs 150 for Z
They ARE moving J N K again (up)