Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
… and in some perverse logic the stock of just about any internet stock, U.S. or Chinese, began flying. I would never make that connection as a reason to buy anything but that’s the market for you. Always doing something strange.
SINA +10%+
BIDU +5%
LNKD +4%
ZNGA +5%
Junk Lower quality stocks like RenRen (RENN) and the like are up 15-20%…
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Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog
