User: LZ8: China: 0613sfun.png

0613sfun.png

What is interesting to me (as more of a fundamental trader) is this stock was hit with some bad news, but shares are still in the same downtrend that began in March. SFUN is a Chinese real estate search engine. 

Background on latest news: http://investinginchinesestocks.blogspot.com/2014/06/soufun-update.html

Comments

DinkDink
Out of curiosity, what did your fundamentals tell you about this company when the stock was at its highs near $20? 6/13/14
LZ8LZ8
Unfortunately, I wasn't watching SFUN back then. I was solely going by macro fundamentals though and the Chinese real estate market started showing big warning signs back in February. This stock was definitely out of whack to spike up in March. 6/13/14