They got a few trades yesterday. The buyers are back today. DANG is currently followed by 9 analysts. 2 give the stock a positive rating, 6 rate it neutral and 1 give it a negative rating. The average price target is 17.35, which implies 184.42% upside from current price.
Dangdang expects its total net revenues in the third quarter of 2011 to be in the range of RMB916 million to RMB928 million, representing year-over-year growth in the range of 51% to 53%. "We believe the margin compression will be inevitable at the current stage as we expand our market presence beyond the media category and invest in the long-term growth opportunity of the overall B2C e-commerce market in China."