The market is selling off but DANG is very strong. This should be $20 plus in a month or 2.
NO DEBT, 223 MIL in cash. in a market with over 600 million internet users. This is a no brainer buy and hold for 5 years. We will reach $50-70 in a few years.
DANG is the best value of them all. When the intsitutions jump on board and they will at some point. This will rocket up.
When the institutions load up they will send this to VIPS type levels. DANG has put the infrastructure in place, They are profitable, have zero debt, have about $279 mil in quartely sales. Soon growth will accelerate beyond the current 30%. Buy while we are still cheap!
I am a shareholder and I frequent DANG's website and the websites of nearly all of their competitors. DANG's customer satisfaction rating is higher than VIPS. DANG has 21 fulfillment centers in place. More than VIPS. DANG has matched VIPS in advertisments and discounts for luxury clothing brands. This will be reflected in DANGS share price in the coming quarters and we will be heading much higher from the low teens.
The websites are nearly identical with DANG having a much larger variety of products such as personal care products and books, clothing etc. People are assuming DANG will not close the gap. If it can and it will DANG will march up fast in the coming years. BUY here on the cheap. Remember you could have bought VIPS in the single digits less than a year and half ago. I'm holding for 5 years. I last added in the 9's and have purchases from as low $3.80. This is one you can add on weakness. DANG wont go bankrupt with 200 mil in cash and ZERO DEBT and is now PROFITABLE. DANG is a much better value than VIPS. which could have a hiccup at any point and the stock could drop 40%.
We will be sitting at $403/sh. That's what this company will give you if you can buy and hold for 10 years.
Heading to $30 within a year.
If we don't touch 30 within a year I will be very surprised. Especially with VIPS sitting around $180.
Congrat to those who accumulated shares in the 9's and below while it got down there after earnings.
short on shorty. This isn't moving down. You should be following the trend since it bottomed at 9 after earnings. Prior to earnings it was dropping on low volume. NOW it's raising. It's only going up from here shorty.
And dang is at least growing at 30%. Buckle grows at only 2 percent year over year
. Bke has a market cap if 2 billion with about a bil in sales and 192 mil in cash and no debt. It's the absolute best balance sheet of any US speciality retailer and Dang kicks it's butt. Dang is heading higher folks. 30% growth with Dangs excellent cash management and tight spending controls is something to appreciate. And there growth will only accelerate from here. Somewhere between 30-70 percent over the next 24 months.
From a customer standpoint DANG has a higher satifsfaction rating than VIPS and TMALL. They don't have to make amends with wall street.. Wall street helped to create this excellent buying opp. I'm glad im not paying $60 a share to own dang right here. I want to load up for a year then have wall street jump on the bandwangon.
DOLLAR COST AVERAGE is always the best method. Buy and hold for years not weeks or months. Invest in stocks don't gamble in stocks. DANG will rise beyond anyones expectatons over the next 5 years!
DANG with a profit and 30% rev growth and under a 800 million market cap is a STEAL.
Patience is the key. Buying DANG at $10 is far better than paying $170 a share for VIPS that will take forever to double in share price. DANG can double in a few months.
Volume much higher today compared to last 2 days. Makes this 3rd up day even better..
Granted I do hope VIPS continues their run as that will just keep making DANG look far undervalued.
Why didn't he say that when VIPS was at $20 a share and could have made you money. DANG has much greater upside here. DANG at $10 and headed to $30 within a year is my BUY of choice! ViPS priced to perfection with absolutely no room for a hiccup. Smart money coming into DANG.