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Qihoo 360 Technology Co. Ltd. Message Board

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  • ironyworks ironyworks Dec 3, 2012 2:19 PM Flag

    breaking 52 week high in a large volume. Higher in following weeks.

    do you have some verifiable specifics?

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    • You can the following information from yahoo finance site:
      1. today's volume is 11 million vs a daily average of 2 mil
      2. BIDU, for a 70% China search engine market, is worth over $34 billion while QIHU, at around 10%, is only $3 bil.
      3. BIDU market share for its search service is down 22%
      4. Qihu has a security service, gaming service, and searching engine service. In addition, it also has a popular browser called 360 security browser which is No. 1 browser in China.

      Sentiment: Strong Buy

 
QIHU
53.63-1.11(-2.03%)4:01 PMEDT