- Quarter announcement was good. Not sure why market is trashing it.
- The stock was trying to make new high, but temporary retraced because of good quarter result (unbelievable) !!
- Try to wait for retrace might buy you more margin.
- This could be an example of "buy with rumors, sell with fact". Once good quarter report announced, they sell the stock instead.
| Buy $ | Sell $ | Short $ | Cover $ | Stop Loss $ | Profit / Losses | Duration |
| $50.85 |
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Lesson Learnt:
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Weibo Corp. Weibo Corporation is a social media platform for people to create, distribute and discover Chinese-language content. The Company provides ways for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. It operates in two segments: advertising and marketing services and other services. It offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products to help users discover content on its platform, and notifications to notify users on Weibo account activities through short message service (SMS) or push notification on their device. It offers advertising and marketing solutions to enable its customers to promote their brands and conduct marketing activities. It offers its platform partners with tools and application programming interfaces (APIs).
04:46 PM EST, 02/22/2017 (MT Newswires) -- Weibo (WB) reported Q4 revenue of $212.7 million and non-GAAP earnings of $0.34 per share, both better than the analyst consensus of $210 million in revenue and earnings of $0.28 per share. For Q1, the company is targeting revenue of $185-$190 million, vs. the Street view of $182 million.
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