KONG - KongZhong Corp. - Stock Market Forum, Penny Stocks, FOREX, NASDAQ, AMEX, NYSE, Live Chat

ms.pacman · #1 04-14-2009, 11:01 PM

First post and I know nothing about stocks. I did however sink $15,000 into the stock market in the middle of March after I read on the cruise forums, of all places, that RCL had tanked to $5 (which was absurd IMO). I tried to stay away but I was sure that was some kind of bottom (bear or bull, don't care).

Fast forward and now I'd like to learn more about investing, so I've been reading and looking and this KONG stock has me intrigued. Why is it racing up the charts? I can't find any special news on it.

TIA

Disclosure: HPT, PSEC, RCL, LVS, CLRT
No KONG....yet.

**BadThad** · #2 04-15-2009, 12:52 AM

Welcome to SMC!

Watch out for those quick runs, they are usually followed by a quick slide. Without doing some more DD, in general I've lost my a$$ on the Chinese stocks...perhaps I'm an exception....but I stay away now. LOL If you do buy, sell at first sign of profit.

http://www.google.com/finance?q=KONG

ms.pacman · #3 04-15-2009, 08:51 AM

Thanks for the reply. I am done "investing" for now I think. My premise for investing in the first place was buying companies I know so I'm sticking primarily with "vacation" stocks.

I don't even have a cell phone

.

**CatFish** · #4 04-15-2009, 09:00 AM

welcome and dont feel alone. i dont have a cell phone either lol. looks like kong has had a monster move. wow