Sina Corp. (SINA) One of Today's Top Gainers So Far Up 4.6%

Date:2011-09-14lile  Text Size:
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Sina Corp. (SINA) leads the list of top gainers so far today and is now at $111.62, up $4.89 (4.58%) on volume of 2,962,695 shares traded. Over the last 52 weeks the stock has ranged from a low of $43.98 last September to a high of $147.12 in April. Sina Corp. stock has been showing support around $99.66 and resistance in the $110.94 range. S&P does not currently have a STARS rating for SINA. If you are looking for a hedged play on SINA the stock seems like it could be a candidate for an October out-of-the-money bull-put credit spread below the 75 range. [ABR-Seven Summits Strategic Investments NewsBite] 

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