A aqtrader Jul 8, 2015 #41 volpunter said: Shanghai down 6%, love it. This sucker needs to devalue by another 30% or so to return to realistic valuations. Edit: Down 6.4% More... Shanghai listed stocks still have a median PE above 50. Should be down another 160% to around 1500 from the current 3500 to see some value.
volpunter said: Shanghai down 6%, love it. This sucker needs to devalue by another 30% or so to return to realistic valuations. Edit: Down 6.4% More... Shanghai listed stocks still have a median PE above 50. Should be down another 160% to around 1500 from the current 3500 to see some value.
i960 Jul 8, 2015 #42 Apparently China now vowing to arrest "hostile short sellers." Just can't let themselves lose face.
