Notes:
- China online game company
- Just acquired Mochi Media for US$80M (first acquistion outside of China)
- Foreign companies can't acquire Chinese game company, but the reverse does not apply
Risk:
- thinly traded
- just listed not long
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Shanda Games Limited (GAME)
5 posts
• Page 1 of 1
Shanda Games Limited (GAME)
by iam802 » Tue Jan 19, 2010 12:29 pm
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
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iam802 - Big Boss
- Posts: 6352
- Joined: Wed May 07, 2008 1:14 am
Re: Shanda Games Limited (GAME)
by iam802 » Mon Mar 29, 2010 11:32 am
GAME has a nice breakout from its resistance near $7 last Friday.
There is no confirmation of a new trend based on the Ichimoku chart. However, it could be be a nice little swing trade or the beginning of a new trend.
There is no confirmation of a new trend based on the Ichimoku chart. However, it could be be a nice little swing trade or the beginning of a new trend.
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
-
iam802 - Big Boss
- Posts: 6352
- Joined: Wed May 07, 2008 1:14 am
Re: Shanda Games Limited (GAME)
by lithium » Mon Mar 29, 2010 1:19 pm
Hi 802,
Is this the Chinese gamer Shanda who produce the game "Romance of 3 kingdom"?
Any reason on the gap down in March?
Is this the Chinese gamer Shanda who produce the game "Romance of 3 kingdom"?
Any reason on the gap down in March?
"Play Great Defence, not Great Offence "
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lithium - Boss' Left Hand Person
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- Joined: Fri Sep 18, 2009 7:47 pm
Re: Shanda Games Limited (GAME)
by iam802 » Mon Mar 29, 2010 1:31 pm
The gap down is due to poor Q1 sales forecast.
I am not sure about the games they produced though.
I am not sure about the games they produced though.
1. Always wait for the setup. NO SETUP; NO TRADE
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
2. The trend will END but I don't know WHEN.
TA and Options stuffs on InvestIdeas:
The Ichimoku Thread | Option Strategies Thread | Japanese Candlesticks Thread
-
iam802 - Big Boss
- Posts: 6352
- Joined: Wed May 07, 2008 1:14 am
Re: Shanda Games Limited (GAME)
by winston » Wed Mar 23, 2011 1:03 pm
Not vested
Singapore GIC ups stake in Shanda Games to 10.3 pct-filing
SINGAPORE, March 23 (Reuters) - Singapore sovereign wealth fund GIC has increased its stake in US-listed Chinese video games firm Shanda Games to 10.3 percent as of March 14, from 8.2 percent in December, according to a U.S. filing late on Tuesday.
GIC, one of the world's largest wealth funds with over $200 billion in assets, first bought Shanda shares in November 2009, shortly after the Chinese firm's initial public offering in the United States.
Source: Reuters
Singapore GIC ups stake in Shanda Games to 10.3 pct-filing
SINGAPORE, March 23 (Reuters) - Singapore sovereign wealth fund GIC has increased its stake in US-listed Chinese video games firm Shanda Games to 10.3 percent as of March 14, from 8.2 percent in December, according to a U.S. filing late on Tuesday.
GIC, one of the world's largest wealth funds with over $200 billion in assets, first bought Shanda shares in November 2009, shortly after the Chinese firm's initial public offering in the United States.
Source: Reuters
It's all about "how much you made when you were right" & "how little you lost when you were wrong"
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winston - Billionaire Boss
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