A good trade for Mr. Hsu on NTES. If we consider the S&P500 lost over 40% in the same time, Mr. Hsu's break-even looks very good. And it is one of the best trades he closed in several months...I know it is quite far from his initial forecast (So I want you to buy NTES under $24. I'm targeting $30 by the end of the year, which would give us a nice 25% gain.) but we all know Mr. Hsu never guessed a forecast in the last year.
Some of his readers may have followed him in the second hald of August 2008 when we was suggesting to buy NTES below $26 for a 20% loss though...
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