China names are hot. So hot that one might do their best to knock down a totally legit company as to buy it on the cheap.
I picked up some Jun1 weekly calls on this, as I think you see a nice snap back in the name.
Our theme earlier this week was to look for sell offs in the China names to locate dip buys. Our list was QIHU, SFUN, TEDU, VIPS and LEJU. This theme is working pretty well, so I am going to stick my hand into the fire here on this bullshit selloff in $VIPS.
OA
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i think u mean JUN1 #fraudFTW
Hey OA, any thought on energy stocks here? Seem to generally be in aversion…
Most look like discouragement to me still. I am skiddish here…been recommending folks start selling calls against their positions to protect downside.
SINA?
I bought some yesterday. June calls.
Great call on TSL and YOKU .
BTW , loved seeing skinny Steph’s SI cover…bring that punk to the Q .
“The happiest dude on the plant” – that guy on the blog cover, pulling rope
I love that photo. Hard to not use it weekly.
Thanks for making me stick with $BABA, it’s really taking off; bought some $DSKY
did you not just sell it immediately after buying it?! WTF!
I bought it right back, as noted on my alerts. Is that ok with you?
didnt get email / mobile alerts. website didnt have it. but saw that chat has it and twitter does it. my bad.
Double check the site. It’s there.