It takes a little time. There is some profit-taking going on. The there's the instant gratification crowd. They paid $95 for QIHU and will sell for $96-97 or get bored and move on. We will move higher.
This is a great upgrade. $165 is far from current pricre, that is over 60% higher.
Another poster brought up my early March post. That was a good upgrade but nasdaq started to tank .
QIHU announced a great report. PAWN earning is not even close to ER from QIHU and it is almost at all yime high no. And taliking about valuation. QIHU is cheap so I can see the $165 target.