Netease.com, Inc. (NASDAQ: NTES) looked like it is seeing a lot of action this morning, yet there is a single block trade that has accounted for this. Because of the big gain yesterday, it is hard to know if this is a carryover trade or if that was a real block without digging into it. Based upon the bid/ask, this may be a carryover trade. While it won the rights for World of Warcraft in China, it is said to have illegally begun operating the new system already ahead of the rollover date. At 7:35 AM EST we have seen 497,318 shares trade hands in one single print and the average volume is 2.1 million shares. The last trade was down 2.5% at $43.79. The 52-week high is $46.94. Stay tuned here because there are many moving parts to this story that could take shares in either direction. -JON OGG
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