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DeyTreyder

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DeyTreyder

Re: MikTrader post# 19

Monday, 10/21/2013 10:46:45 AM

Monday, October 21, 2013 10:46:45 AM

Post# of 79
While I think it should trade above where it is, I'm not really sure where it should go.

I show a high target of $14.77 here:

http://www.4-traders.com/PHOENIX-NEW-MEDIA-LTD-ADR-7954902/consensus/

I don't see why this can't keep rising based upon all of the fundamentals.

But it's not how I trade so I got out when I reached my target. I have a number of other stocks I'm looking at that I'm dying to get in so I had to pull out. : )

Good luck to you. I think being long on FENG is a great place to be!
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