Youku.com (YOKU)

[linfs2]

EASTUNDER,

A great post, I am a Chinese American and a frequent visitor of both youku.com and tudou.com. Both company offer videos and movies for free viewing. I never paid a penny to the sites for viewing their contents. And I would say 99 % of people won’t pay anything except the premium members. To me there are enough free contents to keep me busy just watching these Chinese sop opera and movies, so why pay anything at all.

It is a hoax to claim YOKU or Tudou.com is a facebook type operation, far from it. Just visit the site and see for yourself. YOKU should be priced under $1, yet today YOKU is traded @38.50 pre market. What a great opportunity to short YOKU above $38.