Another exciting week of trading comes to an end. For those of you who have been following regularly, almost all the stocks I mentioned in this month’s featured stock analysis closed higher from when I first covered them. This includes Pier One @ $2.78 (NYSE: PIR), Maguire Properties @ $1.33 (NYSE: MPG), CDC Corp @ $2.44 (NASDAQ: CHINA), ZIX Corp @ $2.18 (NASDAQ: ZIXI), E*Trade @ $1.66 (NASDAQ: ETFC), MGM Mirage @ $9.41 (NYSE: MGM), and NCTY @ $7.54 (NASDAQ: NCTY) [...]
CDC Corp (NASDAQ: CHINA) stock rose today despite weakness in the general market. The stock rose more than 5% on higher than average volume closing at $2.44. Just for the record, I own a ton of CDC Corp stock. I bought it a long time ago at a much higher price than now so keep that in mind when you read my analysis. In any case, there’s some pretty exciting developments happening at CDC Games, a division of CDC Corp [...]
I picked up some shares of The9 (NASDAQ: NCTY) at $7.54 today purely based on their balance sheet and games pipeline. I, myself, am an avid gamer so I’m very well-versed in the world of MMORPGs (Massive Multiplayer Online Role Playing Games). NCTY, who specializes in operating MMORPG’s in China, got beat up badly when they lost the license to the insanely popular World of Warcraft MMORPG in China [...]
