Kongzhong Corp. (KONG)

[pj McMulligan]

KONG partay just getting started! CCI, MACD, & PPO zero crossovers with upper BB, 50EMA, and 75DMA breakouts.. This one gunna go higher imo~

[ChartPoP]

This stock is going up imo!

[pj McMulligan]

KONG short interest dropping.. http://www.nasdaq.com/symbol/kong/short-interest

[pj McMulligan]

Perhaps buyback here with the company! B-)

KONG Middle Bolli breakout, SAR flip, 32DMA break, ROC/TRIX/PPO crossovers, COMPANY REPURCHASE PROGRAM



KongZhong Corporation Announces Share Repurchase Program

BEIJING, Sept. 29, 2011 /PRNewswire via COMTEX/ -- KongZhong Corporation (Nasdaq: KONG), a leading provider of digital entertainment services for consumers in the PRC, today announced that its Board of Directors has authorized the Company to repurchase up to US$ 15 million worth of the Company's American Depositary Shares (ADSs). The share repurchase plan calls for the ADSs to be acquired in the open market from time to time depending upon market conditions, the market price of Company's ADSs and the management's assessment of the Company's liquidity and cash flow needs. The repurchase plan is intended to increase shareholder value and reduce the dilutive effect of the Company's equity incentive plans. The Company expects to finance the purchases from existing cash reserves. The share repurchase plan was approved by the Company's Board of Directors, including the Company's Chairman and CEO, Leilei Wang, on September 29, 2011.
Leilei Wang, the Chief Executive Officer and Chairman of the Board of the Company, said, "The Board's decision to implement the share repurchase plan reflects its strong belief in the strength of the Company's businesses. With over US$ 134 million in cash and cash equivalents, we have maintained a strong balance sheet and feel confident that this repurchase plan will enhance shareholder value. This has been a challenging yet positive year for our Company and the Internet and mobile gaming industry in China. I look forward to continuing leading major strategic initiatives, including the continued expansion of our Internet games business, and building on our Company's success and maintaining focus on creating value for our shareholders."

[mlkrborn]

KONG $5.48

[mlkrborn]

KONG active! Will report in few days.. 52 weeks low level now?

[hyz960297]

Kong is a solid company with great potential.

[ctine2020]

This looks like it could blast off at any moment.

[trendseeker]

I've been waiting for a pullback to provide an entry point but this freakin' thing won't stop going up! If I buy it now, it will crash on me for sure...

[*MARINE 1*]

KongZhong Schedules Conference Call for 2008 Fourth Quarter Earnings





BEIJING, Feb. 11 /PRNewswire-Asia/ -- KongZhong Corporation (NASDAQ:KONG), a leading mobile Internet company in China, in order to better facilitate investor access to our earnings conference call, has adjusted the time of its 2008 fourth quarter financial results from 7:30 pm (EST) to 6:30 pm (EST), after the markets close, Wednesday February 18, 2009 or an hour earlier than previously announced.

For Asian based investors, the conference call has been adjusted to be held at 7:30 am (HK Time) on Thursday February 19, 2009.

Dial-in numbers and passwords remain the same as previously announced.

(Speakers) Leilei Wang, Chairman & Chief Executive Officer Nick Yang, President Jay Chang, Chief Financial Officer

Hong Kong Time: February 19, 2009, Thursday, 7:30 am Eastern Time: February 18, 2009, Wednesday, 6:30 pm Pacific Time: February 18, 2009, Wednesday, 3:30 pm

CONFERENCE CALL ACCESS NUMBERS: China Toll Free Number: [phone] Hong Kong Toll Free Number: [phone] USA Toll Free Number: [phone] USA Toll Number: [phone] PASSCODE: 4855 8509

REPLAY ACCESS NUMBERS (FOR 2 WEEKS): USA Toll Free Number: [phone] USA Toll Number: [phone] PASSCODE: 6620 5203

WEBCAST: http://ir.kongzhong.com/

For information, please contact:

Jay Chang of KongZhong Corporation Tel: [phone] Fax: [phone] Email:

DATASOURCE: KongZhong Corporation


CONTACT: Jay Chang of KongZhong Corporation, [phone], Fax:

[phone],


Web site: http://ir.kongzhong.com/

[AnthonyBP]

This stock's only problem is no volumn.

[AnthonyBP]

Kong is clearly oversold. This stock is clearly undervalued.

[AnthonyBP]

This stock does have great potential. This company is not a hope and a dream it is the real thing.

[AnthonyBP]

With a Current ratio of 10.4 Kong is not trading at its cash levels. The company is very liquid right now will ample cash reserves to finish the market in China.

[AnthonyBP]

Provider of wireless interactive media and advertising services in China? Now is the time to picking up this stock cheap .... the demand will supercede ours by at least 3 fold and a growth of at least 15% according to my numbers. Heck with the change in Management this thing will fly

[AnthonyBP]

Great up potential on this stock I see a bright future

[*MARINE 1*]

flipp city folks !!!!

[*MARINE 1*]

Is KONG expecting news?

[racerdave42]

surf, bloodbath in after mkt. Q didn't seem all that bad too me.

[surf1944]

KongZhong Corporation Reports Unaudited First Quarter 2008 Financial Results
Thursday May 15, 6:00 pm ET

BEIJING, May 15 /Xinhua-PRNewswire/ -- KongZhong Corporation (NASDAQ: KONG - News), a leading wireless value-added services (WVAS) and wireless media company in China, today announced its unaudited first quarter 2008 financial results.

First Quarter 2008 Financial Highlights:
-- Total revenues increased 8% sequentially to $21.39 million, exceeding
the Company's first-quarter revenue guidance of $20 million to $21
million.
-- Total mobile advertising revenues were $212,000.
-- US GAAP net income was $0.09 million. Basic earnings per ADS were
$0.00. Diluted earnings per ADS were $0.00.
-- Non-GAAP net income was $0.95 million. Non-GAAP diluted earnings per
ADS were $0.03. Non-GAAP Financial Measures are described and
reconciled to the corresponding GAAP measures in the section titled
"Non-GAAP Financial Measures".

Commenting on the results, KongZhong's Chairman and Chief Executive Officer, Yunfan Zhou, said, "Our WVAS revenues increased in Q1 mainly as a result of seasonal factors. However, seasonal factors also resulted in our lower mobile advertising revenues. We expect our mobile advertising revenues to increase rapidly in Q2. In 2008, we will continue pursuing our wireless Internet strategic initiative."

Financial Results:

(Note: Unless otherwise indicated, all financial statement amounts used in this press release are based on US GAAP and denominated in US dollars.)

http://biz.yahoo.com/prnews/080515/cnth080.html?.v=1

[racerdave42]

Looks like the rise before earnings is started. Little premkt action!!

[racerdave42]

picked up some shares today @4.42. chart looks good

[surf1944]

KONG worth a trade at these levels!

[surf1944]

KongZhong Corporation Reports Unaudited Fourth Quarter And Fiscal Year 2007 Financial Results
Tuesday March 4, 6:00 pm ET

BEIJING, March 5 /Xinhua-PRNewswire/ -- KongZhong Corporation (Nasdaq: KONG - News), a leading wireless value-added services ("WVAS") and wireless media company in China, today announced its unaudited fourth quarter and fiscal year 2007 financial results.

Fourth Quarter 2007 Financial Highlights:
-- Total revenues increased 16% sequentially to $19.81 million, exceeding
the Company's fourth-quarter revenue guidance of $18.5 million to $19.5
million.
-- Total mobile advertising revenues increased 12% sequentially to
$298,000.
-- US GAAP net income increased 26% sequentially to $0.69 million.
Diluted earnings per ADS were $0.02.
-- Non-GAAP net income increased 15% sequentially to $1.57 million. Non-
GAAP diluted earnings per ADS were $0.04. Non-GAAP Financial Measures
are described and reconciled to the corresponding GAAP measures in the
section titled "Non-GAAP Financial Measures".

Fiscal Year 2007 Financial Highlights:
-- Total revenues were $74.02 million. Total WVAS revenues were $73.01
million and total mobile advertising revenues were $903,000.
-- US GAAP net income was $2.83 million. Diluted earnings per ADS were
$0.08.
-- Non-GAAP net income was $6.01 million. Non-GAAP diluted earnings per
ADS were $0.17. Non-GAAP Financial Measures are described and
reconciled to the corresponding GAAP measures in the section titled
"Non-GAAP Financial Measures".

Commenting on the results, KongZhong's Chairman and Chief Executive Officer, Yunfan Zhou, said, "We are happy that our WVAS business has regained growth momentum in Q4 2007. We expect the Company to have a better WVAS business in 2008. In regards to our wireless Internet business, we are glad that we have achieved continual growth in our mobile advertising revenues. We are confident about the future of our wireless Internet business and will continue our efforts to develop Kong.net in 2008."

Business Highlights:
-- In March 2008, the Company signed a strategic alliance agreement with
Focus Wireless Media Technology Co., Ltd. ("Focus Wireless"), a
subsidiary of Focus Media Holding Ltd., to jointly expand their
respective mobile advertising business by leveraging on the strong
advertising sales force of Focus Wireless and KongZhong's reputable
wireless Internet portal Kong.net. The Company expects the strategic
alliance to help generate a significant portion of its mobile
advertising revenues over the next two years and bring the mobile
advertising business to the next level.
-- In January 2008, the Company signed a strategic alliance agreement with
China Sports Industry Group Co., Ltd ("CSIG") to jointly explore
business opportunities for developing sports-related content for mobile
phones, including wireless value-added services and wireless Internet
sites.
-- In January 2008 and February 2008, the Company signed cooperation
agreements with Infront to operate the official mobile websites for the
Men's Professional League of the Chinese Basketball Association,
China's National Basketball Teams and China's National Football Teams.
-- In January 2008, the Company signed an agreement with HiU! Media, a
company providing residential community direct marketing advertising
network and residential community marketing solutions in China, to
purchase 9.87% of the total equity interest in HiU! Media for $1.5
million. The investment was completed in January 2008. Nick Yang,
KongZhong's President, was an early investor in HiU! Media. Through its
investment in HiU! Media, Kongzhong expects to strengthen the Kong.net
brand by launching advertisement campaigns on HiU! Media's advertising
network.
-- The Company signed cooperation agreements with Xinhua PR Newswire, Dow
Jones & Company and Finet Group Limited to provide, on the finance
channel of Kong.net, stock quotes and news updates about companies
listed on the Shanghai Stock Exchange, the Shenzhen Stock Exchange, the
Hong Kong Stock Exchange and the stock exchanges in the United States.

Financial Results:

http://biz.yahoo.com/prnews/080304/cntu027.html?.v=17

[surf1944]

KongZhong Corporation Launches the Official Mobile Website for Chinese Basketball Association Men's Professional League
Monday January 14, 8:00 am ET
Kong.net Becomes One-stop Mobile Portal for Basketball Fans in Mainland China

BEIJING, Jan. 14 /Xinhua-PRNewswire/ -- KongZhong Corporation (Nasdaq: KONG - News) and Infront, the exclusive commercial partner to the Chinese Basketball Association ("CBA"), jointly announced today a multi-year cooperation agreement and launched the official CBA mobile website. Nick Yang, KongZhong's President, attended the CBA All Star Weekend in Chengdu, China on January 12 and 13.

Under the agreement, KongZhong will operate the official CBA mobile website, which users can visit on their mobile phones by directly inputting CBA.Kong.net. The mobile website will broadcast live CBA games, and provide video clips of game highlights and related content for fans. KongZhong expects to generate mobile advertising revenues from the mobile website, as well as to increase the popularity of Kong.net. The cooperation agreement is for a term of three years, and the parties have an option to renew.

Basketball is already one of the most popular sports in China, enjoying a mass following with more than 300 million participants, according to the China Sports Ministry. The Chinese Basketball Association, or the CBA, is in charge of basketball at national level. The CBA Men's Professional League has 16 professional teams playing the regular season, playoffs and finals from October to next April every year. Current NBA players Yao Ming and Yi Jianlian used to play in the CBA Professional League for several years before joining the NBA. The aim of the CBA Professional League is to become a world-class sports league.

Nick Yang said, "This cooperation symbolizes the increasing popularity of Kong.net among basketball fans in China. Kong.net is now the official mobile website partner with both the NBA and the CBA, and has become the one-stop mobile portal for basketball fans in China. We will strive to give fans in China access to basketball anywhere, anytime."

[surf1944]

KongZhong Corporation Announces Strategic Alliance Agreement with China Sports Industry Group Co., Ltd.
Thursday January 3, 8:00 am ET
China Sports to Go Wireless with KongZhong in 2008 Olympic Year

BEIJING, Jan. 3 /Xinhua-PRNewswire/ -- KongZhong Corporation (Nasdaq: KONG - News), one of China's leading providers of wireless value-added services and a wireless media company providing news, content and mobile advertising services through its wireless Internet sites, announced today that it has signed a strategic alliance agreement with China Sports Industry Group Co., Ltd. ("CSIG"). Listed on Shanghai Stock Exchange of China, CSIG is China's largest public company in the sports industry and has the General Administration of Sports of China as its dominant shareholder. CSIG's business activities include organizing commercial sports tournaments, operating sports arenas and fitness centers, selling sports apparatus and goods, and more.
http://biz.yahoo.com/prnews/080103/cnth016.html?.v=35

[surf1944]

KongZhong Corporation Raises Fourth Quarter 2007 Revenue Guidance
Monday December 17, 7:30 am ET

BEIJING, Dec. 17 /Xinhua-PRNewswire/ -- KongZhong Corporation (Nasdaq: KONG - News), one of China's leading providers of wireless value-added services and a wireless media company providing news, content, community and mobile advertising services through its wireless Internet sites, today raised its revenue guidance for the fourth quarter of its 2007 fiscal year.

http://biz.yahoo.com/prnews/071217/cnm017.html?.v=35

[estimator]

Thought we were going to get the same move that KUN and CPSL had, but the shorts seemed to be working extra hard on this one. If we can break the 5.80 range resistance it shold move over 6.00.

[Superhobby]

nice day today... 10% is a nice move

[estimator]

Must be pretty good to announce that early in the week. Could be in for another ride like the last one.

[surf1944]

It's called the China Slide:


KongZhong Schedules Conference Call for 2007 Third Quarter Earnings

BEIJING, Oct. 23 /Xinhua-PRNewswire/ -- KongZhong Corporation (Nasdaq: KONG), one of China's leading providers of wireless value-added services and a wireless media company providing news, contents, community and mobile advertising services through its wireless Internet sites, plans to release its 2007 third quarter financial results after the US financial markets close on November 19, 2007. The Company will host a conference call at 7:30 pm (EST) to discuss the results.

(Speakers)
Yunfan Zhou, Chairman & Chief Executive Officer
Nick Yang, President
Sam Sun, Chief Financial Officer

Hong Kong Time: November 20, 2007, Tuesday, 8:30 am
Eastern Time: November 19, 2007, Monday, 7:30 pm
Pacific Time: November 19, 2007, Monday, 4:30 pm

CONFERENCE CALL ACCESS NUMBERS:
China Toll Free Number: 10-800-130-0399
Hong Kong Toll Number: 800-962-844
USA Toll Free Number: [phone]
USA Toll Number: [phone]
PASSCODE: 63578789

Pre registration URL:
https://www.theconferencingservice.com/prereg/key.process?key=PWVNQJR9F

REPLAY ACCESS NUMBERS (FOR 2 WEEKS):
USA Toll Free Number: [phone]
USA Toll Number: [phone]
PASSCODE: 39099637

WEBCAST:
http://ir.kongzhong.com/overview.htm

SOURCE KongZhong Corporation

Source: PR Newswire (October 23, 2007 - 8:30 AM EDT)

News by QuoteMedia
www.quotemedia.co

[surf1944]

I also sold my last KONG and its up again in premarket trading, but I can't cry after yesterdays gains...GLTU

[stokednvegas]

KONGZHONG CORP (NasdaqGM:KONG)

After Hours: 9.25 0.72 (8.44%) on 09/27/07

It's still rocking with over 32 million shares traded.

I'm hearing 10.31 PPS now per barchart.com>>>http://quote.barchart.com/texpert.asp?sym=KONG

[surf1944]

KONG was a nice play, but I agree the China play is about over for many of these stocks.

[stokednvegas]

Well I'm out.

Somebody was nice enough to buy up my 10,000 share I had held 5.20 for 7.20.

Thank you to whom ever you were.

I'll have a nice day now! :)

[surf1944]

All of these beaten down China plays have been doing well(KONG,KUN,CPSL,XFML) Others than I played this past week. Just don't forget to sell, its seems to be about over.

surf

[stokednvegas]

Wow !
Somethings up again ! :)

[surf1944]

Strong Volume Gainers (KONG)

[surf1944]

Improving Chaikin Money Flow (KONG)

[Metzzy]

Kong on the move!!!!!!!!!! we will see this baby bounce back quickly. money is flying to china!!!!!!!!!!!!!!!!! and leaving US.

[surf1944]

Parabolic SAR Buy Signals (KONG)

[surf1944]

21-Aug-07 WR Hambrecht Upgrade from Sell to Hold

[surf1944]

AP
KongZhong Expects 3Q Sales Up to $17.5M
Monday August 20, 6:25 pm ET
KongZhong Expects 3Q Sales Up to $17.5M; Wall Street Anticipates $17M for Same Period

NEW YORK (AP) -- KongZhong Corp., a Chinese company that sells value-added wireless services like ring tones, on Monday predicted revenue of between $16.5 million and $17.5 million for its third quarter.

Analysts polled by Thomson Financial anticipate sales of $17.4 million for the period.

KongZhong's American Depositary Shares fell 20 cents, or 5.3 percent, to $3.61 in after-hours trading, after finishing regular trading up 28 cents, or 8 percent, at $3.81.

[surf1944]

KONG trading near its cash levels, but waiting for next quarterly report to trade the stock.

[surf1944]

KongZhong Corporation Announces Cooperation Agreement with MSN China on Mobile Messenger 3.0

BEIJING, June 29 /Xinhua-PRNewswire/ -- KongZhong Corporation (Nasdaq: KONG), one of China's leading providers of wireless value-added services (WVAS) and a wireless media company providing news, content and mobile advertising services through its wireless Internet sites, today announced its agreement to cooperate with MSN Network Communications Technology Company Limited ('MSN China'), a Microsoft joint venture in China, on Mobile Messenger 3.0.

Under the cooperation agreement with MSN China, KongZhong will be the sole content provider in China for the information channel and mobile games channel of Mobile Messenger 3.0, which is being officially launched in China on June 29, 2007. Mobile Messenger 3.0 is the mobile phone version of Microsoft's popular instant-messaging application, Windows Live Messenger. KongZhong will pay MSN China a fixed fee per channel. The cooperation period is for one year.

Mr. Nick Yang, KongZhong's President, said, 'This cooperation agreement is win-win for KongZhong and MSN China. We operate a leading wireless Internet portal, Kong.net, and are a leading developer of mobile games. Our cooperation with MSN China will enable Mobile Messenger 3.0 users to enjoy the first-class information services provided by Kong.net and experience the top-quality mobile games developed by KongZhong. We expect that greater dissemination of our services through Mobile Messenger 3.0, one of the leaders in its field, will bring increased traffic to Kong.net.'

About KongZhong

KongZhong Corporation is one of China's leading providers of wireless value-added services and a wireless media company providing news, content and mobile advertising services through its wireless Internet sites. The Company delivers wireless value-added services to consumers in China through multiple technology platforms including wireless application protocol (WAP), multimedia messaging service (MMS), JAVATM, short messaging service (SMS), interactive voice response (IVR), and color ring-back tone (CRBT). The Company also operates two wireless Internet sites, Kong.net and Ko.cn, which enable users to access media, entertainment and community content directly from their mobile phones.

Safe Harbor Statement

This press release contains 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements include, without limitation, statements regarding the launching of Mobile Messenger 3.0, KongZhong sponsorship of the Mobile Messenger 3.0 news channel and mobile games channel, and the prospects for, and benefits of, cooperation between KongZhong Corporation and MSN China. Although such statements are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on them. These statements involve risks and uncertainties, and actual market trends and our results may differ materially from those expressed or implied in these forward-looking statements for a variety of reasons. Potential risks and uncertainties include, but are not limited to, competitive pressure in China's wireless value-added services, wireless Internet and mobile advertising markets and the effect of such pressure on prices; changes in technology, consumer demand and usage preferences in these markets; the state of and any change in our relationship with China's telecommunications operators; our dependence on the networks and billing systems of the telecommunications operators for our performance; changes in the regulations or policies of the Ministry of Information Industry or other relevant government authorities or the telecommunications operators; and changes in political, economic, legal and social conditions in China, including the Chinese government's policies with respect to economic growth, foreign exchange, foreign investment and entry by foreign companies into China's telecommunications market. For additional discussion of these risks and uncertainties and other factors, please see the documents we file from time to time with the Securities and Exchange Commission. We assume no obligation to update any forward-looking statements, which apply only as of the date of this press release.

For more information, please contact:

Investor Contact:
Sam Sun
Chief Financial Officer
Tel: [phone]
Fax: [phone]
Email: [e-mail]

Media Contact:
Xiaohu Wang
Manager
Tel: [phone]
Fax: [phone]
Email: [e-mail]

SOURCE KongZhong Corporation

Source: PR Newswire (June 29, 2007 - 8:00 AM EDT)

[frenchee]

Good luck surf.

Check out VSE as I got some at 15.13 today. I like double bottom formations...

[surf1944]

Hi, I bought some KONG today with the improved risk/reward picture & will add if we get another "white candle" on Thursday...GLTY

[frenchee]

Hello surf,

Looks like KONG is showing signs of a double-bottom formation on the its weekly chart. A weekly close > 5.51 gets me interested...

[surf1944]

A China play on wireless media services that has become very cheap & has plenty of cash(over $3/share) Looking to buy some in the next week & should be a good trading stock in the future.