Independent Research, Turtles all the way down

Turtles all the way down

Independent Research

Writing short articles about mis-priced boring stocks around the world.

Equity Bottom-Up

<ul><li>111, inc (YI) has run up to $3.25. For a spread of only about 11%.</li><li>Which is not all that attractive since there is no definitive agreement signed. So I am closing it with a quick 13% gain here.</li><li>These Chinese merger situations sometimes randomly spike up, and I think it is wise to trade around them when upside isn’t as juicy anymore.</li></ul>

111, inc (YI) has run up to $3.25. For a spread of only about 11%.Which is not all that attractive since there is no definitive agreement signed. So I am closing it with a quick 13% gain here.These Chinese merger situations sometimes randomly spike up, and I think it is wise to trade around them when upside isn’t as juicy anymore.

China

21Vianet Group, Inc. provides carrier-neutral Internet data center services. The Company hosts its customers' servers and networking equipment, as well as provides interconnectivity and managed network services to enable customers to deliver data across the Internet. 21Vianet conducts business in Beijing, China.

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52-week Range	0.00 - 0.00
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21Vianet Group (VNET US)

Quick Idea's

These Chinese merger situations sometimes randomly spike up, and I think it is wise to trade around them when upside isn’t as juicy anymore.

Turtles all the way down

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