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The Company is a global Intenet brand and trafficked destinations workdwide which seeks to provide Internet services that are essential and relevant to users and business.
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synergize (98.71) Submitted: 5/17/08 4:38 AM : Start Price: $24.37 YHOO Score: 4.39
The price went up from $19.15 to $28.44 based on earning report last 1-Feb-2008. but investors were quickly taking profits out already knowing the stock nosed dive from October of last year to January this year. That is a natural reaction for people that did not exit when the stock price went down and this price jump will be taken as an opportunity to minimize their losses and better invest it somewhere where the stock is not volatile. Recent price movements were based on speculation that the company will be bought by Microsoft.Trading based on earnings report and speculations of acquisition is gambling and not investing. i don't know how may gamblers out there but whatever it is it won't attract buyers from investors.
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