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+--- Thread: Chinese MMORPG Gaming is Economic safe house (/thread-6499.html)
Chinese MMORPG Gaming is Economic safe house - Vanraw - 04-15-2009
I was wondering around looking for potential stocks to buy, and I rand across a company called Shanda Interactive Entertainment Ltd ADR. Its a China based company that does MMORPG in China.
What was interesting is the stock performance for these. They never saw a hit with the current down turn. I mean from July 08 they are up 54%. September / October crash didn't phase them. Since March 2006 they are up 250%
NASDAQ: SNDA
<!-- m --><a class="postlink" href="http://www.google.com/finance?q=NASDAQ%3A%20SNDA&hl=en&ie=UTF-8&client=firefox-a&hs=PjJ&rls=org.mozilla%3Aen-US%3Aofficial&tab=ne">http://www.google.com/finance?q=NASDAQ% ... ial&tab=ne</a><!-- m -->
Interesting that the Chinese thirst for gaming is so great. I wonder hopw much of an untapped market it is?
- Hoofhurr - 04-16-2009
Gaming has some addictive properties.
- Gnarnok - 04-16-2009
Maybe they lace their games with opium!