Pump & dump watch and learn folks. Mobile search engine what does it mean? can someone shed some light?
search is heavy dudy software algorithms something only powerful servers can handle. A mobile search interface I believe not and engine. Long Bidu. no position on Qihu.
Did you notice that the news about the so called mobile search engine was announced just before the earnings release because off course BIDU invested huge amount of money in cloud storage and mobile search engine. Qihu does not have the money to spend like a giant like BIDU. The point I am stressing releasing the news about the mobile search engine just prior to earnings release means they missed earnings big and they are trying to divert attention from miserable earnings. Disclosure I am long Qihu and BIDU and SINA. As a Long Qihu should not spend a penny on Mobile Search engine leave that to Google, Bidu and AApl where their bank accounts are full with billions if it does not work it would be a Disaster for small company like Qihu.