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E-Commerce China Dangdang Inc. Message Board

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  • mannor1252 mannor1252 Nov 9, 2011 4:22 PM Flag

    could dang pull back below 4 thoughts

    Dang is expected to have losses through 2004, but maybe with each quarter's earnings release they may report revenue increases with smaller losses, much like Amazon did years ago.

    Keeping this in mind...I believe Dang will most likely trade in the $4-$6 range in the following year or two.

    Also, if Italy's debt crisis worsens and the Euro gets into trouble, Dang may go below $4 and even to the $3 level by no fault of its own...IMO Europe will have a much more negative effect on Dang, that Dang's earnings reports in the next couple of years...All imo..Good luck investing.

 
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