2011 China Internet Stock Carnage In Pictures

  • Posted by
  • on December 19th, 2011

To state the obvious, this bubble has burst.

Previously I looked at the performance of the 2011 China Internet IPOs in The Fritz Demopoulos China Internet Top And The 2011 IPO Horror Show.

Here is a selection, if there others to add let me know in the comments.

Youku ($YOKU), range in last year 13.76 – 69.95, current price 18.05.

Sina ($SINA), range in last year 46.86 – 147.12, current price 55.05.

Dangdang ($DANG), range in last year 4.19 – 36.40, current price 4.23.

Renren ($RENN), range in last year 3.38 – 24.00, current price 3.45.

Sky-mobi ($MOBI), range in last year 2.75-23.25, current price 3.63.

China Cache ($CCIH), range in last year 3.66 – 24.48, current price 4.13.

Are there bargains among the debris, or do they have further to fall?

For fun, see this post from April 30, right near the top–RenRen IPO Shows You Don’t Need Revenue Growth To Be Worth $5 Billion | DigiCha.

You can follow me @Bill on Stocktwits@Niubi on Twitter and @Billbishop on Sina Weibo.

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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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