NASDAQ, AMEX, NYSE Stocks Discuss NTES - NetEase.com Inc. in the Stock Market Forum forums; This came off the bottom today with a spinning top on good volume. Sto and RSI are in oversold territory. http://stockcharts.com/h-sc/ui?s=NTE...d=p62400322430 ...

lovemoney · #1 08-13-2007, 10:42 PM

This came off the bottom today with a spinning top on good volume. Sto and RSI are in oversold territory.

http://stockcharts.com/h-sc/ui?s=NTE...d=p62400322430

About NetEase.com Inc (NasdaqGS:NTES) Other Calls
NetEase.com, Inc., through its subsidiaries, operates an interactive online and wireless community in China. It provides Chinese language content and services through its online games, wireless value-added services, and Internet portals. The company’s online games business focuses on massively multiplayer online role-playing games by selling prepaid point cards to the end customers who may use the points on such cards for online game services provided by the company. It distributes prepaid point cards through wholesalers, Internet cafes, software stores, supermarkets, bookstores, newspaper stands, and convenience stores. The company’s Web sites provide Chinese language online services focusing content, community and communication, and commerce, as well as advertising services. Its content channels provide news, information, and online entertainment to the Chinese public. The company’s community and communication services include email, photo album sharing, diary, blogging, instant messaging, personal advertisements, matchmaking, alumni directories, personal homepages, clubs, e-cards, chat rooms, and community forums. NetEase.com also offers an online shopping mall to access products and information for Internet users in China, as well as provides Web directory, Web search service, online yellow pages service, and classified advertisements. The company’s online advertising services include channel sponsorships, banner advertising, direct email, interactive media sites, sponsored special events, games and contests, and other activities. In addition, NetEase offers a range of wireless value-added services primarily through short messaging services, which allow users to receive information on stock quotes, download ringtones and logos for their mobile phones, and participate in matchmaking communities and interactive games. The company was founded in 1997 by William Ding. NetEase.com is headquartered in Beijing, the People’s Republic of China.

Shares Outstanding: 126.41M
Float: 51.91M

Earnings report comes out tonight.

Company Website

**BadThad** · #2 08-14-2007, 01:09 PM

NTES on Google Finance

Nice find bro, chart seems to be indicating a move sometime soon. I'm going to add to my watch.

lovemoney · #3 08-14-2007, 03:49 PM

Taking a drop right now total revenues were little less than year before. Yet, they beat Wallstreet's expectations and their per share earnings ended up well above the analysts projections, They have some new games they are working on for release also. Gonna try to get in on the panic sell lows today 'cause I think this thing will rebound soon.

Earnings report details - article

**BadThad** · #4 08-14-2007, 04:42 PM

Smart move, take advantage of the bear market and get it on sale!

I'm going to look at this too, sure seems like a bargin....worth keeping an eye on it.

**BadThad** · #5 08-14-2007, 04:44 PM

Whoa...just looked....RSI below 30!

This is shaping up to be a monster play IMO.

Forgot to say....thanks in advance!

lovemoney · #6 08-14-2007, 05:25 PM

No problem Thad! Yes, wayyy oversold imo.

I got in at 14.50. It still dropped some more then closed at 14.25. Wished I waited a little longer but hindsight's you know. Never can tell where the bottom will be and end up missing it. But that's OK, I feel like I still got a bargain at this point with 14.50. Tomorrow if it drops again I'll pick up more. Heck this may end up being a trampline play, lol.

Hope you get in at a good entry. Good luck!