Baidu (BIDU) Message Board

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Technology Stocks : Baidu (BIDU)

BIDU 123.82

+2.8%

Dec 19 9:30 AM EST

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To: manalagi who wrote (1653)	9/6/2012 11:18:05 AM
From: The Ox	1 Recommendation Read Replies (1) of 2098

BIDU trades to it's own drummer, imo. Much of the negativity is due to the fact that many people in the US have a dim view of companies run in China, regardless of how strong their actual fundamentals are. There is a clear negative bias to most companies out of China. The market will run them up and down and all over place. Now there are plenty of Chinese companies listed on exchanges that probably don't belong on them. This brings cries of scams and the like. Through all this, solid companies like BIDU get to swim in the same "filthy" river with all the lousy Chinese firms. BIDU is a great trader if you can time the swings, to say the least. Right now, the stock is up $2 off the low of the day and 6 days ago it was trading over $121.

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