Monday, July 30, 2007

Perfect World, indeed

What about Perfect World?

The online gaming Co from China continues to score IPO gold. PWRD moved up 10% today, and now has run from $16 to $28 in three days of trading. This is on $11 million in revenues and $5 million in earnings. I'm not hating on PWRD. Just wary that the stock will cool off sooner rather than later. That's when I'll take a better look at an entry point.

Maybe.

Pupule Paul is not in a Perfect World.

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