INTERNET ASIA INDEX: way up! BULLISH move afoot due to China.com IPO
techstocks.com
Most of the Internet Asian stock seem to be on fire, due to the forthcoming China.com IPO, whose price expectations have just been raised to $16/17.00 due to the high demand.
After this IPO is over, at least 4 or 5 more are planned, including that of SINA and SOHU. This should keep the POT Boiling for a while...
If the China.com price shoots up to $50.00 or so, expect the price of:
XNET+20%, CAOL+13%, HRCT+26%, IMOT+33% today to continue their strong upward move.
IMO, BEST PRICED STOCKS NOW are: GTCI, ZSUN and MYWB that are still very good candidates but may be lagging the pack...
Regards, F. Goelo + + + |
