call me nuts but this looks like a 20 buck run could happen at any time...very hated stock
All that is priced in. They're trading at a 15x forward PE and have beaten estimates each of the past four quarters; 5-yr projected growth is nearly 40% per annum. The dif between a 15 and a 20 PE on this based on the 2013 number is the $30 additional dollars per share from where we are now.
I agree. Frankly I think those who sold it last week deserved losing money. The valuation is ridiculously cheap. The bearishness towards Chinese stocks reached the extreme. But I am sensing the sentiment is turning. $110 might be easy.