Monday, January 24, 2011

Wall of Worry

The never ending wall of worry rally sponsored by the fed is still in tact. The American Bank is in charge.

SINA Corporation (USA) (Public, NASDAQ:SINA)

Sina up 6.59%. Bidu now values Sina at ten billion dollars. Facebook may partner with the "Hip" china web portal.

SINA Corporation (USA) (Public, NASDAQ:SINA)

SINA Corporation (USA)

(Public, NASDAQ:SINA)

Up 5% Wiebo!

Sina to 100

Reference sited below:

BEIJING, Jan 24, 2011 (SinoCast Daily Business Beat via COMTEX) --

Sina Corporation (NASDAQ: SINA | PowerRating), one of the most renowned Internet portal operators in China, will jump into the online payment solution fray by launching its own online payment tool.

The company is on the point of rolling out its self-developed online payment tool that will support the Sina group purchase discount service sand the Sina shopping mall initially, said an executive for the Shanghai-based company yesterday.

Sina will apply for a license for the operation of online payment solution, according to the executive. China's central bank said last year that non-financial institutions were supposed to, before September 1, 2011, file for a permit for the online payment service they have been offering in the country.

Apart from Sina, a total of five online service providers in the country have made a deployment in the payment solution market by far, namely NetEase.com Inc. (Nasdaq: NTES), Alibaba Group, Tencent Holdings Limited (SEHK: 0700), Baidu, Inc. (Nasdaq: BIDU), and Shanda Interactive Entertainment Limited (Nasdaq: SNDA).

Source: www.yicai.com (January 24, 2011)

Sina to 100

Reference sited below:

BEIJING, Jan 24, 2011 (SinoCast Daily Business Beat via COMTEX) --

Sina Corporation (NASDAQ: SINA | PowerRating), one of the most renowned Internet portal operators in China, will jump into the online payment solution fray by launching its own online payment tool.

The company is on the point of rolling out its self-developed online payment tool that will support the Sina group purchase discount service sand the Sina shopping mall initially, said an executive for the Shanghai-based company yesterday.

Sina will apply for a license for the operation of online payment solution, according to the executive. China's central bank said last year that non-financial institutions were supposed to, before September 1, 2011, file for a permit for the online payment service they have been offering in the country.

Apart from Sina, a total of five online service providers in the country have made a deployment in the payment solution market by far, namely NetEase.com Inc. (Nasdaq: NTES), Alibaba Group, Tencent Holdings Limited (SEHK: 0700), Baidu, Inc. (Nasdaq: BIDU), and Shanda Interactive Entertainment Limited (Nasdaq: SNDA).

Source: www.yicai.com (January 24, 2011)

Thursday, January 20, 2011

Sina to Be Purchased By Baidu

Sina finished down today but still at an IBD buy point. This is a good place for entry 80, since Bidu values the company at 200 a share.

Sina to Be Purchased By Baidu

Sina Buypoint reached at 80.

Sina Calls are smoking

Sina Weibo is now hosting blogs by government officials and many Chinese Consumers are logging into Sina everyday to play games post comments and pictures at a rate of 12million people a month.

Sina may be bought out by rival Baidu.

A Sina Facebook partnership is in the works.

Sina

Sina is at at buy point just under 80 based on a cup and handle pattern and non confirmation after a big down day



$bidu $sina $ibd $ffiv

Sina Calls are smoking

Jan 85 call options are smoking higher with close to 5000 contracts traded on Bidu takeover rumors

Bidu to value Sina at 10Billion

Bidu now owns 1% of Sina according to marketwatch

Huge Call Option Activity Detected in Sina

Jan 85 Calls have traded 4500 today

Baidu Aquistion of Sina

Baidu executive said that in order to grow we will have to look at acquisition. Then they invested a 100m in competitor Sina. Huge call volume in Sina

$sina $bidu $chk

Wednesday, January 19, 2011

Bidu to purchase Sina

The facebook/twitter of china to be purchased for 12B based on reports.

Sina to Be Purchased By Baidu

Sina is a aquisition target for Baidu who is already invested 100M in the company.