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Shanda Games (GAME) [hlAlert]

down 3.24 %

Shanda Games (GAME) rated Buy with price target $7 by Auriga U.S.A

Posted on: Thursday,  Sep 9, 2010  8:25 AM ET by Auriga U.S.A

Auriga U.S.A rated Buy Shanda Games (NASDAQ: GAME) on 09/09/2010. Previously Auriga U.S.A rated Buy Shanda Games (NASDAQ: GAME) on 03/25/2010.,
when the stock price was $6.77. Since then, Shanda Games has lost 3.25% as of 11/18/2015's recent price of $6.55.
If you would have followed the previous Auriga U.S.A's recommendation on GAME, you would have lost 3.24% of your investment in 2064 days.

Shanda Games Limited (Shanda Games) is an online game company. The Company?s online game business includes the business of developing, operating and licensing its massively multi-player online role-playing games (MMORPGs) and advanced casual games. Advanced casual games, which are a sub-category of casual games, possess certain elements of MMORPGs, including a story line, graphics, availability of virtual items and interactions among game players. Shanda Games develops and sources an array of game content through multiple channels, including in-house development, licensing, investment and acquisition, co-development and co-operation. As of August 31, 2009, the Company operated 18 MMORPGs and 11 advanced casual games. In July 2009, the Company acquired Chengdu Simo Technology Co., Ltd., an online game company.

Auriga is committed to providing our clients with market information flow, investment ideas and access to industry experts. We strive to provide value through unique industry knowledge. Our growing research practice is being built with domain experts who have a strong reputation amongst institutional investors. Auriga’s research analysts have also been recognized by numerous industry publications including, The Wall Street Journal and Bloomberg. Our bottom-up fundamental approach is data point driven with a primary focus on growth sectors within the technology and healthcare verticals.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/9/2010 8:25 AM Buy
5.54 7.00
as of 12/31/2010
1 Week up  2.77 %
1 Month up  12.50 %
3 Months up  17.53 %
1 YTD up  13.71 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/31/2010 8:25 AM Buy
5.51 8.00
3/25/2010 8:25 AM Buy
6.77 10.00

(*) Stock Price at the time of the recommendation.
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