Chinese online retailer E-Comm China Dangdang (DANG), which came public in early December, looks like it wants to pocket pivot here as volume is already higher than any down-volume over the prior 10 trading days. We started buying this one today in anticipation of a pocket pivot, and so far it's acting well, so we are long this thing, FYI.
PPR - DANG, the Chinese Amazon, pocket pivoting
|Published:||11 Jan 2011 17:25 ET|
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