BIDU and SINA oversold?

[spiritearth]

This article claims these stocks are truly oversold and are ripe for a rally?


Any thoughts?



I will wait until around 1 pm to watch the market before making a decision. Am going to go in with only a few hundred jut to get my feet wet. $250 on BIDU and $150 on SINA. What do you think?

 

[spiritearth]

http://www.chinavestor.com/technica...281-china-technology-stocks-are-oversold.html

 

[iceman1]

The manipulators and short sellers (Blue Horseshoe) managed to plant an article or two with the front runners at Wall Street Journal etc. saying that there is allegedly accounting issues.

I am getting hammered in SINA, which was just 116 a week or so ago... luckily I have long puts.

It's a joke right now how much these stocks move.

Quote from spiritearth:

This article claims these stocks are truly oversold and are ripe for a rally?


Any thoughts?



I will wait until around 1 pm to watch the market before making a decision. Am going to go in with only a few hundred jut to get my feet wet. $250 on BIDU and $150 on SINA. What do you think?

 

[spiritearth]

Roth just recommend to buy SINA.

http://business.itbusinessnet.com/article/Roth-Steps-Out-on-a-Limb-and-Says-Buy-Sina-1702574

I think a 37% and 25% drop in one month is a pretty good bet. The market may not have hit its bottom yet though. October is always bad right?



I'm wondering if I should go in for 5 shares of each, not too much.