|Last Update: 06/18/13 - 4:00 PM EDT|
|YTD Performance: 96.87%|
|Previous Close: $8.08|
|52 Week Range: $3.68 - $8.23|
|Oustanding Shares: 80,169,702|
|Market Cap: 647,771,192|
|Qtr (06/13)||Qtr (09/13)||FY (12/13)||FY (12/14)|
|Number of Analysts||4||4||8||8|
|Growth Rate (Year over Year)||33.33%||33.75%||27.11%||37.19%|
And it's pulling up the other Chinese Internet names with it.
China's answer to YouTube is worh watching again.
Right now, the Chinese social-media stock is not even a compelling turnaround play.
The concern is that the SEC will crack down on Chinese auditors, but the fear looks unfounded.
When we do have selling pressure, the doubts come to the fore quite quickly.
For AIG, any pullback to this former resistance level -- likely now support -- would be a trigger to buy.
The bears find themselves out of position again, and that gives the market a boost.
There's a lot of trading to be done in Dangdang before it decisively breaks out, so you may as well take some profits.
News of Youku's and Tuduo's merger has sparked interest in other Chinese names that may join forces.
Vancl, 360Buy and Alibaba Group could all on the calendar for debuts.