China Digital TV Holding Co. Enters the Bargain Bin
Aggregated Source: China Stocks News and Analysis from Seeking Alpha
December 6, 2007|
We all know of the tremendous hype associated with anything China-related over the last year or so. The initial euphoria over China Digital TV Holding Co., Ltd.'s (STV) IPO back on Oct. 8th was no exception to this Phenomenon. After initially pricing at $11-$13, then revised to $13-$15 due to huge demand, Morgan Stanley priced this IPO at $16 for 12 million shares and opened trading at $30.
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