Saturday, December 11, 2010

Crazy IPO's This Week

Two Chinese Initial Public Offering came to market this week.  Youku.com (YOUK) is the leading video sharing site in China.  DangDang is touted as being the Amazon of China.  The stocks started trading on Wednesday with a bang ended the week up 42% for Youko and DangDang 31%.

See the charts below.

http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1292043951836&chddm=1172&chls=IntervalBasedLine&q=NYSE:DANG&ntsp=0

http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1292044017177&chddm=1172&chls=IntervalBasedLine&q=NYSE:YOKU&ntsp=0
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