My short take on REA

Recently I've been considering buying into REA but I've changed my mind. While this is one of Australia's most successful business with huge opportunity it is a market darling. Despite analysts forecasting a price target of $100 in 2 years, my main concern is that the stock is priced for perfection. If it disappoints at some time in the near future, the share price might get obliterated. And, this, is what i am now waiting for. It may never happen and it could and is likely to keep going up, but I'm not willing to partake in such a game.