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.
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.
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.
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