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SINA Sina Corp. +6.3%
Initiated 7/5/11 $114.74 - Target 8/19/11 $122.00
Closed $113.46 7/7/11 2:28 PM
Today $58.41
Made -1.1% Consider this Stock
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David Sachdev
Washington, DC
User since Dec 2009
Covers CMG DDD MGM AAPL - Go to Blog
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Stepped out of this trade as well as GMCR and LULU when they crossed below the moving average.  Was worried that we were about to see a correction - but got back in here as we went north of 114 again.  A little more ambitious on the time horizon here.  Figure I'm looking for a quick turn-around, and if the stock goes against me, I'm closing my position anyways. 

And they are leading the market at the moment.  And while the darlings of the internet in America are not available to the public (think Facebook and Twitter) they are in China.  This is a trade only, and some of the story can easily break down if we start talking fundamentals...but as I said, this is a trade....

                                                                                                                                                                                                     
 
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SINA $58.41 -2.31 (-1.1%)
 
 
SINA: Recovery
Opened 63.11 1/27/12
Target 85.00 by 2/2/13
Today 58.41
David Sachdev from Washington, DC

SINA: Rebound
Opened 56.09 12/23/11
Target 58.06 by 1/27/12
Today 58.41
David Sachdev from Washington, DC

SINA: Chinese micro-blogging leader has plenty of upside after officials give the nod
Opened 89.97 10/17/11
Target 109.00 by 1/7/12
Today 58.41
Josh Warner-Burke from Baltimore

SINA: Stock on sale
Opened 116.70 7/20/11
Target 123.00 by 8/26/11
Today 58.41
David Sachdev from Washington, DC

 
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