PER Investors Business Daily: sales have skyrocketed from $2.8 million to $692 million over this period. The company became profitable last year, when it earned $1.12 a share. Revenue surged 145% to $1.7 billion. Analysts polled by Thomson Reuters see Vipshop's earnings jumping 127% this year to $2.54 a share. Growth is expected at 77% in 2015.
Watching it for a long. But not until then.
Especially, considering recent pullbacks by some of the super stocks
If technicals dont matter, why did we gap out of wedge and +20% since gap fill
VIPS make new high a bullish signal long/buy on break 94.3 target 99 stop loss 89.9
I set a tight stop loss and bet on a breakout, but be careful.