Shanda Games Goes Public

Earlier today Shanda Interactive Entertainment (SNDA) spun-off shares of Shanda Games Limited (GAME). This is the biggest IPO of the year.

The offering was priced at $12.50 a share and GAME is currently down about 10%. To reiterate my advice to Global Growth investors: I want you to keep holding shares of SNDA but I want you to sell GAME.

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