Wednesday, December 31, 2014

Opened MOMO, ONNN

ONNN bought nice consolidation here
Entry: 10.24


MOMO:
A recent IPO that picked the wrong moment to go public.  A higher low.
Float: 8million
Momo already grew its user base 160% from a year ago.
THEME- Social networks in China, Chinese Tinder
 backed by BABA (owns 20%) and WUBA owns a stake.

And a ticker symbol guaranteed to get the Momo players looking at it.
That can be the recipe for a power move.
Entry: 12.19



No comments:

Post a Comment