InvestorsHub Logo
Followers 122
Posts 7950
Boards Moderated 0
Alias Born 07/22/2003

Re: morm13 post# 1642

Wednesday, 11/28/2007 3:04:17 PM

Wednesday, November 28, 2007 3:04:17 PM

Post# of 2542
That should create a bottom here and maybe a reversal.

Wang continued, "We have long had an intention of building a strong presence on the Internet to complement our nearly 1,000 stores, but have been seeking the right way to do it. By entering into a relationship with an existing online retailer, we have largely eliminated the risks of building our own website, and therefore the potential risk to our capital. Management has concluded that this approach is the most effective way for China 3C to have an online presence."

Ya gotta like that.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.