What’s not to like about NetEase, Inc. (NasdaqGS: NTES)!
This today from Investor’s Business Daily: NetEase Hits New High On Q3 Revenue, Earnings Beat
I just go through reading the transcript of the earnings call. It’s a great story and you simply must read it. Find it HERE.
Investors are excited. The only issue I have is that the Chinese economy overall is moving downward. It is reasonable to expect NetEase to get these terrific share price increases while all else in China is shaky? That’s why I personally would say ‘no’ to grabbing a few thousand shares. Another reason I might not grab a few thousand shares… That’s hugely expensive when the stock is trading OVER $150!
Let’s get the Buzz!
Everyone has the story…. Profit rises, Revenues double…
$NTES: NetEase (NTES) Stock Soaring as Profit Rises, Revenue Doubles:StockNewsHour.com/ntes-netease-n…
You can see by a repeat, the bots are wound up spitting the same stuff out on Twitter. Trust me, there are many more than just these two saying this same thing over and over!
NetEase $NTES Stock Soaring as Profit Rises, Revenue Doublesthestreet.com/story/13363761…
Jimmy thinks the stock should be higher… He sees a 50% gain from here. Really?
$NTES blow out qtr. Should be much higher. Take advantage of sell on news. Buy for a 50%+ 1-year move
Michele with one L notes the new high!
NetEase Hits New High On Q3 Revenue, Earnings Beat: ow.ly/UzKHJ#kungfupanda#Wow_news#warcraft $AAPL $ATVI $NTES
China Stocks calls the breakout!
NetEase Breaks Out On Solid Q3 Report.. news.investors.com/111215-780490-… $NTES#china #stocks
WLST notes the new high:
NetEase Hits New High On Q3 Revenue, Earnings Beat $NTES #china #stocks #wlstnews.investors.com/111215-780497-… pic.twitter.com/PQHG942JRa
This one notes the conference call…
$NTES: NetEase (NTES) Earnings Report: Q3 2015 Conference Call …:StockNewsHour.com/ntes-netease-n…
Raymond notes the better than expected Q3:
NetEase broke out of a cup base Thursday and hit a new high after reporting better-than-expected Q3 earnings news.investors.com/investing-new-… $NTES
Ezra makes an important point:
$NTES cc: “we still do not have new updates with regard to the timeline (gov’t resumption of online lottery) finance.yahoo.com/news/edited-tr…
Bill calls it the breakout of the day… so far:
Breakout of the day so far. $NTES #173 overall. No current position.
Market Int sees resistance:
Netease.com $NTES Showing Resistance Near $153.66 ( tinyurl.com/oj3adso )
I See Charts Sees a great GAPPER!
$NTES Breaking out of a 22 week consolidation on volume gap and new RS highpic.twitter.com/HX3eYwm4b8
NEW HIGH…
Volume Alert – NTES 157.43 Netease Inc $NTES Hit a high today of 159.34 Closing the day 10:30 at 157.43 +7.36 investorshangout.com/post/view?id=3…
Vinny calls it a gapper too!
$NTES dragon fly doji – gap and go candidate. #IBD50 – low needs to hold and build off that like we had on $FB $AMZN etc
O’Neil sees breakout to new ATH:
$NTES nice breakout to new ATH on strong volume and despite weak general market. I have a position.
Also… Notes another in a long line of great quarters:
$NTES great quarter, 7th straight q of sales growth acceleration. Has more catalysts and growth drivers
Breaking out today: $NTES (earnings)
NTES Stock 156.01 Netease Inc $NTES Hit a 52 week high of 158.00 Closing the day 09:45 at 156.01 +5.94 +3.96% investorshangout.com/post/view?id=3…