I for one longs this. By looking at QIHOO vs Dang vs Yoku, the only one that's making back to back profit is QIHU. It has china's top virus defender and 2nd largest base of web browser, which means a lot revenue in future from ads and other stuff. How did google made money first, with its free search engine? ads.
Also consider the population in china that will be using internet, and by jan.11, it has 44% of the chinese internet users using the browser, how can you even compare QIHOO with Dang, they are not even in the same level. If dang is amazon of china, What will TAOBAO be? (Amazon + EBÅY) of china?
By looking at growth and potential, QIHOO and YOKU are much more better in long run, and I think QIHOO will walk on the path of YOKU, perhaps even better, due to they are actually making profit unlike YOKU.
My action right now will be HOLD, but I did switch to BUY after a month or so.
i agree 100% this is a buy here unlike the panic selling poster wrote mns ago price action came in too ipo price close to the 26s should hold retest highs and run just like yoku sina sohu etc , the story is sound and has revs which i what matter , then china com on cant go wrong plus ie not doing so well overseas as reported for years now, upside potential is big