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Monday, October 12, 2009

Should of Shorted Netease.com (NTES) this AM

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Should have went with my brain and shorted Netease.com (NTES) when I noted the "non reaction" to the news of the Chinese government regulation:

On a sidenote - unless I am reading this iniative wrong Netease (NTES) should take a much bigger hit since it has licensed World of Warcraft, but it is only down 2%. Hmm...


The stock is now down almost 8% and we could of made a very quick 6% in just 2 hours. Bummer.

EDIT 2:40 PM - NTES now down 10%...


No position

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