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take a look at BABA -- it is highly manipulated by meiti & jigou.
when BABA was below 90, there is little voice of recommendation, but above 110.
看看BABA 就知道, 中概被媒体和机构操纵得比本土美股更厉害。
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Third Quarter 2014 Highlights
•Total net GMV[1] increased by 31.4% year-over-year to US$273.0 million, primarily due to a 23.8% increase in the number of active customers[2] and a 14.1% increase in total orders[3]
•Net revenues increased 28.0% year-over-year to US$157.7 million
•Gross profit as a percentage of net revenues decreased to 38.0% from 43.7% in the same period of 2013. Gross profit as a percentage of total net GMV decreased to 22.0% from 25.9% in the same period of 2013. The decreases were primarily due to an increase in promotional activities, which led to relatively higher pricing discounts, as well as the higher value-added tax paid as a result of a shift from beauty product marketplace sales to merchandise sales
•Net income attributable to ordinary shareholders increased by 88.6% year-over-year to US$19.5 million
•Non-GAAP net income attributable to ordinary shareholders[4] was US$21.0 million, an increase of 87.4% from the same period of 2013
不要赌ER了, 最后会亏光的。
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