By Jeff Pierce
Is this the Netflix of China? From Yahoo Finance:
YOU On Demand Holdings, Inc., through its subsidiaries, provides integrated value-added service solution and platform for the delivery of pay-per-view, video on demand, and enhanced premium content for cable providers in the People’s Republic of China.
Small float (11million) and on the day of it’s breakout it traded 12 million shares and the next day 20 million, so it basically traded it’s entire float 3 times over. That means lots of new shareholders that are in profit with a bullish chart pattern forming, and this could be one to watch if you are looking for a speculative stock to put some money in.
Leave a Reply
You must be logged in to post a comment.