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eLong Inc. Message Board

  • yinvestor yinvestor Sep 17, 2013 2:15 PM Flag

    ELONG - $18 before next report.

    ELONG - $18 before next report.

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    • The analysis posted today at seeking alpha does not even mention the joint ownership of Tencent(18%) - the largest internet company which has 800M regular users in China - it would be the key for the future growth of Elong.

      Actually I would hope that Tencent would increase its investment in Elong in the future.
      If they do so, this would not be a stock under $20 any more.

      But before Tencent makes any move.
      Elong has to show some improvement on margin and profit in order for it to get $20 or $24.

      But 45% growth rate in next report should lift the stock price a little bit before anything happens.

17.000.00(0.00%)11:16 AMEST