ACDC and HEAT.CN
Heat.cn is like a side dish, and most people know it because of ACDC. now the side dish is getting close to the main course in share price.
It is really ironic, but short term share price is like voting machine and playing with people's emotion. for those who long ACDC, just ignore the noise. Like Mark Minervini said below:
"Contrary to what some believe, the stock market doesn’t trade on some formula or “intrinsic value” such as P/E ratios or price-to-book, etc. If analyzing balance sheets were the Holy Grail for stock investing, accountants would be the world’s greatest and richest traders. "
so there is no such thing as over-valued, as long as someone willing to buy.