MOMO- The Facebook of China

MOMO- I’ve seen this company double in price over the last 3 months. It is a developing social-network company in China that is trying to be the Facebook of its country. I have taken a large position in my portfolio although Alibaba decreased its position in the company from 20% to 14%. Any thoughts on the company’s future outlook?

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.