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Technology Stocks : Baidu (BIDU) -- Ignore unavailable to you. Want to Upgrade?


To: FR1 who wrote (1494)4/29/2011 1:56:49 AM
From: ChinuSFO  Respond to of 2098
 
Have you seen the revisions in the upward price of this stock from about five analysts. These revisions came within 30 minutes of one another. I anticipate that this stock is going to rise from here on out and settle around 170 within the next 6 weeks.



To: FR1 who wrote (1494)4/29/2011 10:55:00 AM
From: manalagi  Read Replies (2) | Respond to 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.