{"id":1512,"date":"2009-06-01T19:52:55","date_gmt":"2009-06-02T00:52:55","guid":{"rendered":"http:\/\/selfinvestors.com\/tradingstocks\/china\/sina-sina-chinas-largest-internet-portal-breaks-out\/"},"modified":"2009-06-01T19:55:01","modified_gmt":"2009-06-02T00:55:01","slug":"sina-sina-chinas-largest-internet-portal-breaks-out","status":"publish","type":"post","link":"https:\/\/selfinvestors.com\/tradingstocks\/china\/sina-sina-chinas-largest-internet-portal-breaks-out\/","title":{"rendered":"Sina (SINA): China&rsquo;s Largest Internet Portal Breaks Out"},"content":{"rendered":"<p>Sina.com (SINA) is China\u2019s largest internet portal with over 200 million registered users across not only China but Taiwan, Hong Kong, North America.&#160; The company continues to post outstanding growth each quarter despite a slumping global economy and beginning to tap into the trend of user generated content with the launch of SINA Blog and SINA Podcasting.&#160; Considering that collectively, Chinese internet users spend more than 10x the amount of time online as US users do, that\u2019s a whole lot of user generated content and potential ad revenue.<\/p>\n<p>What stands out to me in terms of its financials is the fact the company has been posting accelerating quarter over quarter revenue growth over the past two years.&#160; Ok, well not quite .. in the last quarter the company reported revenue growth of 44% vs the previous quarter growth of 64% so the streak has stopped, but still mighty&#160; impressive growth.&#160; Quarter over quarter earnings growth is equally as impressive over the past 8 quarters with growth of 19%, 29%, 28%, 31%, 74%, 59%, 38% and 44%.&#160; The company will report its 1Q 2009 results within the next couple weeks.<\/p>\n<p> <!--more-->  <\/p>\n<p>:::: &gt;&gt;&gt; <a href=\"http:\/\/www.ino.com\/info\/196\/CD3587\/quotes.ino.com%252Fanalysis%252Ftrend%252F%3Fsymb=NASDAQ_SINA\">Click Here For More Free Sina Analysis<\/a><\/p>\n<p>Technically, the stock continues to work higher off a new base formation, somewhat catapulted by all the Microsoft buyout rumors, but the fundamentals are clearly driving&#160; this stock higher.&#160; The stock cleared a one year downtrend a few weeks ago and today cleared&#160; the first consolidation above both major moving averages (the 50 and 200 dma) with good volume.&#160; It offered an entry around 29 today, but is a bit extended.&#160; I\u2019m looking to get in on a pull back to 30 or lower.&#160; My exit point is a drop below the 200 day moving average.<\/p>\n<p><a href=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2009\/06\/sina-breakout-china-internet.gif\"><img loading=\"lazy\" decoding=\"async\" style=\"border-bottom: 0px; border-left: 0px; display: inline; border-top: 0px; border-right: 0px\" title=\"sina_breakout_china_internet\" border=\"0\" alt=\"sina_breakout_china_internet\" src=\"http:\/\/selfinvestors.com\/tradingstocks\/wp-content\/uploads\/2009\/06\/sina-breakout-china-internet-thumb.gif\" width=\"504\" height=\"428\" \/><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sina.com (SINA) is China\u2019s largest internet portal with over 200 million registered users across not only China but Taiwan, Hong Kong, North America.&#160; The company continues to post outstanding growth each quarter despite a slumping global economy and beginning to tap into the trend of user generated content with the launch of SINA Blog and &hellip; <a href=\"https:\/\/selfinvestors.com\/tradingstocks\/china\/sina-sina-chinas-largest-internet-portal-breaks-out\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">Sina (SINA): China&rsquo;s Largest Internet Portal Breaks Out<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2437],"tags":[],"class_list":["post-1512","post","type-post","status-publish","format-standard","hentry","category-china"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/1512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/comments?post=1512"}],"version-history":[{"count":0,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/posts\/1512\/revisions"}],"wp:attachment":[{"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/media?parent=1512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/categories?post=1512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selfinvestors.com\/tradingstocks\/wp-json\/wp\/v2\/tags?post=1512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}