Why SINA is Rolling Today
Sina Corporation is among the Nasdaq's top gainers today as shares continue to push higher, currently trading up 4.59%. Why the sudden surge in SINA? The company, which owns and runs China's 3rd most trafficked website that operates a service similar to twitter, was upgraded this morning by analysts at Goldman Sachs .
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#1 Jun 28, 2011
Have you heard anything about SINA and accounting issues? I just started trading it and a friend of mine with a brokerage told me to be careful. I know its not the lumbering company and so did he. I have my concerns about universal GAAP ....but, I love this stock. Thanks;
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