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Thursday, October 31, 2013

58.com (WUBA) Stock - Buy or Sell?

58.com (WUBA) - Buy or Sell?   58.com (WUBA) is a buy below $22, sell above $26.

58.com (WUBA) stock began trading on the NYSE 10/31/13 and surged out of the gate.  Shares of 58.com (WUBA) opened around $22 and went on the hit a high of $27 later on in the day.  Should you buy WUBA?  Tomorrow is the QUNR IPO so I expect further gains for WUBA when QUNR opens for trading.  All major pullbacks are now a buy.  If you'd like more trading tips, join my stock picks group where we share ideas.

For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014


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