BIDU will contiue rising due to strong performance.
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Just a try.
Any news on BIDU will drive it up. Upgraded yesterday by CIBC and it jumped. There will be following upgrades coming in the next few weeks.
Expect better earnings guidance for 2007 with increasing market share.No way? Yes way!
Baidu's third quarter earnings are expected to be good. Optimism across the industry after Google reports amazing results as well. Growing market in China shouldn't dissappoint either.
Lets follow. With Analyst expectations at $100. This is easily achieve by the earnings report. I would sell when it hits this price and quickly short.This is very risky so keep a close eye. WARNING: Not for the weak hearted
Don't know much about the company, except I do like what I see. From the huge IPO gains and then declines, but company stayed healthy to bring, slow and steady price back up signifies structure. Any SPIKE in data points signifying investor speculation or one day highs would lead me to think differently, but it seems like these guys have got there heads on straight. Announcment on Wed. should be exciting, and I'm thinking it's positive, especially after their aggressive statem...
Good buy, going to soar, going to do good, going to get rich!
To me, it seems like all that's involved with Baidu is stupid money. That includes investors who have inflated expectations, believe in infinite growth, untouchable market share, and last but not least, are greedy as hell. There will come a time of reckoning perhaps not this quarter, but perhaps next where hopefully some lightbulb will go off in most people's heads that Baidu at its current price doesn't have to move for the next year or so and it will [i]still[/i] be expensive and risky. Let'...