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RockoChen

Rocko Chen

Real Money Earned: $0.93
Location: NEW ZEALAND
Member Since: 9/01/08
Portfolio Total:$1,243,132.90

Stock Analysis: 13

Portfolio Start Date09/01/08
Annualized Return:18.2%
Total Return:24.3%

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Stock Pick by Rocko Chen

V: Too much optimism

Start trading V with real money!

Rate Analysis

2 ratings

Posted 295 days ago on 1/30/09

Market call:V will go DOWN
Target: $45.00 on 4/30/09
Current: $80.00 (65.08% from time of market call)

With increasing short interest (AKA smart money), this stock will likely experience at least a short term dip in the near future. It has a fairly high institutional ownership, therefore now that it's hitting a PE of 48, the big players will likely see it as "over valued" and selling may commence very soon.

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