Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

SINA still unimpressive.. closed 46.89 with a low of 42.02 its already moved way better on the downside (put players had a feast) and would have to be up considerably to compensate the "SINA fans" that lost so much today.

Looks like its about to rip a seam and burst. I'd suggest give it a good watch for any unusual volume/price action in the pre-market and of course looking for a gap 'n crap but I'll take a gap 'n snap if it comes. I do expect a repeat of JCOM which is still a play on the short/put side. JCOM started out also up about $0.58 and SINA is up a mere $0.99 after hours... too soon to tell as we said yesterday with JCOM as well.