(VISN) VisionChina Media provides advertising to the Chinese people through digital media and even on buses and public places.
The stock is in my short term watch list. I will list a few con’s and Pros. I considered buying at $15.91.
- Olympic Games comping up. Vision China is going to ave increased revenue for next quarter mostly due to the Olympic Games August 8-24, 2008
- The stock went from $9 at end of March to $23 in Mid May and as of June 11,2008 was at $15.91.
- Has a huge P/E of 130.
- Chinese stocks are Very Volatile (hyperbole, I know)
UPDATE: June 16, 2008
(newratings.com) – Analysts at Sterne Agee initiate coverage of VisionChina Media Inc (VISN) with a “buy” rating. VISN initiated with a buy rating.