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Post# of 376167
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sludgehound

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sludgehound

Re: MiamiGent post# 364399

Monday, 06/30/2014 8:51:06 PM

Monday, June 30, 2014 8:51:06 PM

Post# of 376167
KING saw it Friday. SINA too

Noticed KING was moving on Friday. Media stocks in general having some moves. Tiny MARK is one I left way too early but had it from lows to 6.50 area and now tapping 9. Very thin - outfit aquires various web companies.

SINA chart is more pricey than KING but is at an earlier stage of rising out of a shallow bowl. Worth a few shrs w/ tight stop.
It's a China web-media play that could run if word of settling with government over some censorship type issues. Revs & earns up in good amounts to offset a loss (smaller though this qtr).
I like risers from bowls since easy to place stop at bowl low.
Stay with one if continues to rise strongly and dump if goes flat.

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.

~ Thomas Sowell

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