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Technology Stocks : Baidu (BIDU)

BIDU 123.83

+2.8%

Dec 19 3:59 PM EST

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To: FR1 who wrote (1494)	4/29/2011 10:55:00 AM
From: manalagi	Read Replies (2) of 2098

The Q1 earnings numbers are terrific, and the guidance for Q2 beats analysts consensus by a large number, and yet, the stock was down almost 2% on very heavy volume. The analysts then gave a lukewarm opinion, saying that Q1 result is not as robust as before. chinavestor.com I anyone thinks that the stock market is a perfect pure market devoid of hidden agenda, then, I have a bridge - that spans the Pacific Ocean - to sell cheap. Only 53.3% of Baidu shares are held by institutions as compared to 61.22% for SOHU. Investment banks want their clients to buy into these high growth stocks at a discount. Just look at the volume yesterday. SOHU was down on Tuesday after terrific results announced before Monday's market. BIDU was down on Thursday. Both stocks will resume their ascend after institutions have bought enough shares.

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