15Jun/08
VisionChina Media (VISN)
(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.
Pro:
- 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.
Cons:
- 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.
