04-15-2009, 11:55 PM
I was wondering around looking for potential stocks to buy, and I rand across a company called Shanda Interactive Entertainment Ltd ADR. Its a China based company that does MMORPG in China.
What was interesting is the stock performance for these. They never saw a hit with the current down turn. I mean from July 08 they are up 54%. September / October crash didn't phase them. Since March 2006 they are up 250%
NASDAQ: SNDA
http://www.google.com/finance?q=NASDAQ%3...ial&tab=ne
Interesting that the Chinese thirst for gaming is so great. I wonder hopw much of an untapped market it is?
What was interesting is the stock performance for these. They never saw a hit with the current down turn. I mean from July 08 they are up 54%. September / October crash didn't phase them. Since March 2006 they are up 250%
NASDAQ: SNDA
http://www.google.com/finance?q=NASDAQ%3...ial&tab=ne
Interesting that the Chinese thirst for gaming is so great. I wonder hopw much of an untapped market it is?
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