Giant Interactive Group (NYSE:GA)
Giant Interactive Group, Inc. develops and operates online games in the People's Republic of China.
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Youth loves the online game in China, therefore, Giant has a huge market. I am confident this stock is a good pick.
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This stock has been wildly volitile and has reached a new bottom of $12.12 this evening. It will bounce to the mid $15s in the next day or two.
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This is my biggest stock of the year. The majority of my money in this market decline is now in GA and GIGM.
The reason I have so much faith in this company is that they serve the most ideal market in the world. Giant's commodity is computer games. The youth in China plays computer games. I sure hope that there is enough money invested in the political realm of China so that the government does not set regulation on human gamers' rights. The stock did -20% afterhours on November 19, 2007 and that cost me a lot of money. Their revenues 'reported' were very high and I am confident that if everybody here on CAPS invests their money in GA we will all be super rich!
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will kill in the coming months and years
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GA will have another new game - King of Kin next year.With ZT and King of King, the profit will get another bloom.
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A friend of mine knows someone who knows the CEO. Target of $80 once the expansions and new games come out, around 9 months.
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The CEO is a lengend
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calling a bottom. hunch,partly based on 2 times float rotation above current share price,part rsi,macd,obv
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couldn't resist at $18. There could be a China bubble on the horizon so not much real money to lose here if it happens.
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The most lucrative China IPO in a very HOTT market, should hit the high 20s or low 30s in a couple of months..
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My main man rangerpick is the score leader on this one. Hopefully it doesn't drop below the price he picked it at ever.
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#3 in China and a great sales model. Great product pipeline in the offing. Should see revenue soar manifold in the coming months.
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A Cash Cow in the gaming industry.
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China and gaming. My two favorite "probably going to be bubbles and implode one day but great year or two prospects."
Hopefully the IPO wasn't too overvalued.
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Online gaming in China will only grow.
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