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Qihoo 360 Technology Co. Ltd. Message Board

  • jimmy_sam001 jimmy_sam001 Jul 18, 2013 12:39 AM Flag

    All in, put qihu

    Reason: this one does not have any earnings,and never will. These day and age, how many people in China will pay for personal software if they can get it for free.

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    • I feel bad for you. I have Dec $70 calls that will be worth a lot in 5 months. This company isn't about software, it's about search. When they add Sina they will have somewhere around 25% of the search in China. Up until 6 months ago there was Baidu and no "other" search competitor. Now Qihu is just that, a viable competitor that is actually taking market share away from Baidu. Earnings will reflect that in August. I think Baidu will not only miss with their earnings on the 24th of July, but I think they will miss badly (revenues & bottom line). Just make sure you don't invest your mortgage payment with that "put" you placed. In a situation like this you throw the charts out the window.

      Sentiment: Buy

 
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