Due diligence, Balamidas, is mandatory with this stock. Fabian's 39 week MA can be useful with "real" securities, you know, ones that actually report results and communicate with stockholders. 3 times in the last five years we've seen the 200 day MA crossed with each crossing immediately followed by record low prices.
The Baidu thing has been laughed out of court months ago, and there is absolulely no evidence of any ongoing contracts with labels. After all, they've had zero music for distribution throughout their multiple failed rollouts.
Care to guess how much these guys owe judgement creditors?? I know, it doesn't show up on the charts, but...
