I am not downgrading the stock , i am a holder too , but it could go lower and it probably will . It is trading at very high PE . It's grows does not reflect the present price , it was IPO'd at a very high multiples and now it will come down to earth. Could give you a few examples , IPH . SRF lost half of it's value , you may say it is from a different "opera " , i will not argue . The first half result simply does not support the high rate of future growth , it may change in six month , who knows .
VIT Price at posting:
$1.85 Sentiment: None Disclosure: Held
