how stupid they are: Dangdang Announces Second Quarter 2011 Results Net Revenues in Q2 2011 Increased by 53.3% Year-Over-Year
The number of shares is very important to valuate the shareprice: 392.251.878: Class A common shares: 78.450.376: ADS used in net loss per ADS calculation
"5 (five) diluted Class A common shares correspond to 1 (one) ADS"!!! Do youre own math!!! So the capitalization is "not" 3 Billion but approx. 78 Mio. x $ 7,7 = 601 Mio. = 0,6 B $ - so DANG is maybe a bargain. I hope you are understand!!!