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WB - Weibo Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Feb 13, 2017.

  1. T0rm3nted

    T0rm3nted Moderator
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    [​IMG]
    Weibo Corporation is a social media platform for people to create, distribute and discover Chinese-language content. The Company provides ways for people and organizations to publicly express themselves in real time, interact with others on a global platform and stay connected with the world. It operates in two segments: advertising and marketing services and other services. It offers self-expression products that enable its users to express themselves on its platform; social products to promote social interaction between users on its platform; discovery products to help users discover content on its platform, and notifications to notify users on Weibo account activities through short message service (SMS) or push notification on their device. It offers advertising and marketing solutions to enable its customers to promote their brands and conduct marketing activities. It offers its platform partners with tools and application programming interfaces (APIs).
     
  2. T0rm3nted

    T0rm3nted Moderator
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    @heyimsnuffles Saw this in your watchlist and thought you might want a place to post ideas or discussion points on it!
     
  3. fidelgeorge

    fidelgeorge Well-Known Member

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    Chinese social media company Weibo ($WB) may also see early strength after reporting better than expected first quarter results and providing upbeat guidance.
     
  4. anotherdevilsadvocate

    anotherdevilsadvocate Well-Known Member

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    The Chinese Twitter just keeps going.
     
  5. Brendan Cowie

    Brendan Cowie Active Member

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    I caught that move today
     
  6. LloydWCoutee

    LloydWCoutee Active Member

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    Weibo Corporation upgraded by BidaskClub to buy.
     
  7. MiguelHammond10

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    Congratulations WB longs, almost up $10 today on earnings, or 50% of TWTR share price!!!!
     
  8. bigbull

    bigbull Active Member

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    Getting hit alongside other emerging market ADRs.

    To avoid a larger price drop, $84.13 needs to hold into Labor Day and $91.24 into year-end. Both these price points define the long term uptrend. Failure to hold onto these prices leads to a drop down to $71.50 before another attempt at a bottom. At that point, the long term uptrend would be broken drawing on a new cycle.

    WBs monthly chart is similar to that of CMG were the current breakdown invites a 10 to 14 month consolidation phase between $73.35 to $88.20 before the bottom sets in, or if weakness, persists, a final mark down to $66.28 signals the end of the correction.

    Its too early to tell if this will actually manifest itself, but for now, I'd be a buyer into the mid to low 80s and a seller into the low to mid 90s. Failure to hold ground in the 80s would sideline me until the mid to low 70s are tested.
     
    T0rm3nted likes this.
  9. bigbull

    bigbull Active Member

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    Continues to get sold every time it prints $90. Waiting for one of two outcomes -- (1) a trade down to $84 or (2) a trade back above $93 (by Labor Day) to negate the break in trend. $93 offers the better value proposition given the risk of a trade down as low as $66.28 should the stock see a final push to $84.00. This stock remains on hold until they make up their minds.
     
    T0rm3nted likes this.
  10. bigbull

    bigbull Active Member

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    Catching a bid on earnings that were in-line but nothing spectacular.

    The stock went on to trade below $84 support, presumably a stop-gap measure to end the corrective phase coming off the highs set at $140.00. We will not know if the low set at $79.00 is it or if there is a re-test of the most recent low -- or possibly a move lower into the low 70s -- until we see how price maneuvers around $84.00 support. This price points remains valid through year-end which means in order to validate the current low of $79.00, $84.00 must hold into Thanksgiving.

    The good news is the trade is gaining greater clarity; the bad news is too early to tell if a definitive bottom has set in.

    I would use $83 to $84 as the price level where risk is defined, understanding they may run price through these price points as a way to position themselves for the upcoming move.



     
  11. SensibleInvesting

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    There is an absolute slaughter-fest in China's stock market at the moment!

    A stock that has been hit extra hard is Weibo (WB:NASDAQ). Not only has it been sold off because of fears of the entire Chinese market slowing down, but after Baidu (BIDU) reported disappointing numbers, all internet stocks in China got immediately sold off the day following.

    Having said this, Weibo is a strong and healthy company growing at a ~20% clip. They have >500 million MAUs and >200 million DAUs. Popularly known as the Twitter of China, if we dig deeper, we'll realize that it's much much more; furthermore, >93% of their user base are mobile users - mobile digital ad spending in China is forecasted to grow exponentially - it'll also become the dominant form of digital advertising by 2020.
    I've put together a ~20 minute video analysis on why I believe Weibo is undervalued:



    Thoughts and feedback welcome! Disclosure, I'm looking to initiate a position <$40 and see it potentially going as low as $30 or even $25 if the trade war persists.
     
  12. Moxas

    Moxas New Member

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  13. Moxas

    Moxas New Member

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    I can’t ever find myself wanting to invest in a child company of two other companies that swings profits.. if you want a piece of Weibo just invest in Sina.. a better move would be to invest in Alibaba. BABA will be down below 155 for probably a few more weeks..so there is Still plenty of time.
     
  14. SensibleInvesting

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    BABA only has about an 8% holding at the moment, so you won't get THAT much exposure. The majority of Weibo's revenues were as a result of BABA, but that's no longer the case.
     
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  15. Moxas

    Moxas New Member

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    Thanks! I wasn’t sure what Alibaba’s stake was anymore..I just don’t like this stock.
     
  16. SensibleInvesting

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    Fair enough mate - gotta buy stuff you can sleep easy at night with!
     

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