public places

VisionChina Media (VISN)

Posted by Investing Freak on June 15, 2008
General / 3 Comments

(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.

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