200 mil in cash no debt, 1 bil in sales in the fastest growing economy in the world. Easiest money I will ever make. Will check back in a few months. Hold tight Longs!!
VIPS went from $4 to 80. DANG will soon follow. Just visited DANG's website. Almost all clothes on cover page now. Not to mention all the personal care products, books and whatever else that VIPS doesn't have.
GS is undervalued and poised to run up nicely tomorrow and for the next year or two. First inning is right. Could be $250 plus in a year.
And don't give up your day job. Just ride it up...down...sideways, but eventually it will hit. and it will hit BIG!!!
Big institutions will load up then push this like nothing else. Welcome to $20 soon....then $50...then $100.
Agree. Everyone should be loading up the boat. This is a buy of a lifetime. Opportunities like this don't come that often. So far zero mention by the big brokerage houses because they don't own any shares. But soon they will. And this will fly where VIPS is and beyond.
Did you sell VIPS at $8 also? Hold this puppy for 5 years. I"m telling you. Your sitting on a 30 bagger here if you can do that.
DANG's growth rate is just picking up. In a year or so their growth rate will be much higher than where it is now. They already have more active users than VIPS. Comparing both sites, I see lots of similar merchandise, although DANG is still the largest online bookseller and has a broader product selection. They will continue to add to luxury merchandise as VIPS has and flash sales by third party merchants will continue to expode as these third party merchants will want to sell their wares on all sites that have lots of active users. This is must buy and hold. Lock those shares in a drawer so your not tempted to take profits before the ship really does come home. A 50 billion market cap in 5 years is not out of the question.
DANG has plenty of cash with 220 million and no debt. No need for a secondary unless for an acquisition which could occur. VIPS and LITB have bought up a few smaller companies of late. If your hoping for $100 in 5 years your going to be pleasantly surprised. I view DANG as being valued at 50% of VIPS but DANG will catch up to VIPS in the next few years as that growth rate difference closes.
This will be a steady march upstream now that DANG is earning a profit and the 30% upside guidance for next quarter. Favorable Chinese tax laws for coming years will help even more. Trying to time and trade this short term will be a disaster for shorts
Those days are coming for DANG much sooner than we could imagaine.
Don't try to trade or you will will get stopped out. This will move up very fast!