Put This Forgotten China Stock on Your Radar
A year ago, there was no hotter initial public offering than Youku (YOKU). The company successfully went public in December 2010 in the teens and, by April 2011, it was approaching $70.
Then came the lock-ups and a secondary offering, and the stock took a much-needed correction back to its IPO price. It's tested $15 several times in the last six months, but it's never broken that level. In the last three months, Youku has bounced back from $14 to $24, and now trades around $21....288 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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