March 5, 2010 (Chinavestor) Shares of 51job Inc. (NASDAQ:JOBS) opened 10% higher in the morning with huge volume - but quickly surrendered most of early morning gains. The stock is trading up +3.02% higher 30 minutes before the market close. What happened?The company reported revenue and earnings growth for the fourth time in a row - this is the good news. The bad news is that while revenue outlook for 2010 Q1 is looking good, bottom line guidance is worse than expected.
Given that shares of 51job Inc. (NASDAQ:JOBS) advanced 186% in the past 52 weeks, don't think much upside is left for the short run after latest guidance. It might be time to cash out, actually...
If you like us, spread the word to the fellow investors on your favorite Social Bookmarking websites
