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Qihoo 360 Technology Co. Ltd. Message Board

  • bluethunderwrx Jun 30, 2014 12:04 PM Flag

    Shorts Getting Ripped A New One

    Sheepskin and Idiotpumper don't get it. Why would anyone short a stock blowing away earnings estimates for 6+ quarters? 35-40% Rev growth says $120 PT easily.

    Sentiment: Buy

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    • It's just because everyone has it in there head that the market HAS to correct at least 10% any day. The reality is, the market doesn't HAVE to do anything. And even it it did there is no guaranty that QIHU will fall below current levels with it. It's a Market of Stocks...not a Stock Market.


      • 1 Reply to mistersavvy
      • bluethunderwrx Jun 30, 2014 2:02 PM Flag

        I would certainly agree with respect to the high fliers: TSLA, CMG, NFLX, and etc., but I believe QIHU has already corrected from $120 to $80. You would think they would know Q 360 is NOT a US company and most of their business comes from PRC. If there has been one market in the dumps for the past 5 years, its China. Macroeconomically China is looking better. Xi Jinping is continuing with reforms and the PBOC continues to sign record numbers of agreements to internationalize the Yuan along with clearing agreements and Yaun-non USD pair swap agreements so they are not dependent on USD.

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