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Roth Capital’s Adam Krejcik this morning picked up coverage of China-based online game operator Giant Interactive (GA) with a Buy rating and an $18 price target.

Krejcik notes that Giant operates ZT Online, “one of the most popular games in China right now,” and that the game should have “lasting appeal,” which he defines as at least 2-3 years. Krejcik says a recent sell-off in the shares following the Sichuan earthquake has provided investors with an attractive entry point for the shares.

We had another solid report out of this sector today, from The9 (NCTY) which actually licenses a game I am familiar with, World of Warcraft. Here are some details.

The automated trading system made a new high in terms of accumulated R (risk per trade) and profit ($) today. It always feels good when that happens, especially after a nosedive start to the month of May. Now we’re up over 10R on the month with a 35.48% win rate and 0.16 expectancy.
Today the Damn Thing made a beautiful short trade on GA - I don’t think I could’ve done it any better:

Yahoo Finance was a bit slow in reporting earnings dates last week so this might not be a comprehensive list. We are done with the bulk of mainstream American companies this earnings season, but this week will be dominated by Chinese fare (solar and gaming) along with dry bulk shipping. These are the names I’ll be watching to learn how the real economy (not government reported economy) is faring; especially the consumer this week with a slew of retail names.