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Showing posts with label SINA. Show all posts
Showing posts with label SINA. Show all posts

Saturday, December 24, 2011

Bullish on SINA

SINA has fallen significantly from its high of 147.12. It is now trading at 55.79, representing a PE of 60 based on the current year's EPS estimate of .93.
The average analyst target price is 107, which is 91.8% above the last closing price.
Short interest as a percent of float is at 8.67 as of 11/30/11.
Look for a bounce in the shares to a price around 78.