SINA - is there a bigger piece of random garbage

Quote from nitro:

http://www.elitetrader.com/vb/showthread.php?s=&postid=3328815#post3328815
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-1 is too ambiguous to make a call; that sounds neutral. You had a -5 on BIDU as I recall prior to this stock (SINA) taking off. Both are in similar space.

I took the stock short over the weekend - allowed short front week calls to exercise. I have long calls and short puts. May work out ok. Then I am done with this other than as a ST trade. Stock right at 50 ema - my only concern it whether it gaps above it and keeps rolling.

What I do not get is why other Chinese stocks are not following this one higher. Very unusual.
 
Quote from iceman1:


What I do not get is why other Chinese stocks are not following this one higher. Very unusual.
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See my previous comment: GOO-PLE effect. Anything related to Apple or Google is taking off.
Reason: tons of short covering.
 
who told u 2 be on the wrong side of the move. something we are never here at et.

only winners.

love the morons saying 'traders dream' like only traders are cashing, and somehow, the losers are not traders.
 
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