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Barron’s Ends The Party at Rediff
Back in May, I recommended buying Rediff.com (REDF) into earnings. Until last week, that recommendation was worth 62.5% as the stock shot up from $16 at the time of my post to $26. Over the weekend, Barrons called REDF overvalued and that sent the stock spiralling downward to $22. At current levels, and with... »
Is Rediff.com a buy going into Earnings?
Rediff.com – India’s top web portal looks attractive going into earnings. I believe India will be the 3rd largest market on the internet in the next 5 years, and being that REDF is India’s version of Yahoo, it is one of the better international internet plays out there. While that does not help Rediff’s... »
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