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More downside for SOHU

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risk_2 May 2, 2012 (Chinavestor) If investors believe that ultimately earnings drive stock prices, China's Sohu.com Inc. (NASDAQ:SOHU) is in big trouble. The company reported 48% fall in net income for the first quarter of 2012 and if that wasn't enough, the company lowered earnings guidance another 50% for the second quarter. The stock fell from $56 to $50 next day as a result. My gut feeling tells me that that 8-10% correction is not enough .

SOHU_2012Q2_revearnings



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