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DANG could Double!
Tuesday, 11 October 2011
- staff
DANG - Dangdang operates a very popular E-commerce website in China. The site offers consumer goods, general merchandise and lifestyle products, electronics and toys. It has a huge selection of company sourced goods, the model is similar to the huge US marketplace operators, offering variety of goods direct-to-consumers.
In addition DANG's Marketplace program is growing in popularity and attracting other businesses to sell their merchandize.
This once high flying stock is trading a tad above its 52WK Lows. Dang is attracting value investors, could rebound fast, keep an eye!
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