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Qihoo 360 Technology Co. Ltd. Message Board

  • traduced traduced Nov 10, 2013 8:56 PM Flag

    Abandon ship?

    You may think your jumping off the Titanic when you really could be jumping off the Enterprise. QIHU is a top pick of Chinese Internet Stocks by Barclays analysts led by Alicia Yap. Citi has a $87 price target for Qihoo, JPMorgan $94, Maxim $96, Jefferies $100, Bank of America $84, Stifel Nicolaus $100 and on Nov 7 BOCOM initated coverage with a buy..."We initiate coverage on Qihoo 360 (360) with a BUY rating and TP of US$102. We are positive on 360’s outlook on its “client-based software + browser + start-upnavigation page” platforms, backed by its large traffic. 360 has already started to shift towards businesses with more potential, such as performance-based ad, search engine,and game publishing/operation on both PC and mobile. 360 will benefit from the booming mobile Internet industry with its leading position in app/game distribution channels."
    If your jumping ship that's understandable, but I think you have time to wait for a 1st class lifeboat.

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    • As has been related earlier I felt the "buy volume" this week going into the coming report, would be telling insofar as the"conviction" needed, that would then somewhat galvanize your well written thoughts. I think it is fair to say in light of the myriad of various developments of late, that a fatigue has set in with many.
      I was not impressed with BIDU's report yet that can cut ether way regarding QIHU.
      The one issue I do have is all the euphoria.... Does not sit well. The only thing for me that works is the math.
      And I hate leaving chips on the table based on faith.
      All in time.

      • 1 Reply to bourgeois_dream
      • My only point was don't dump qihu while Wall St. is pumping it. Sell on your own terms cause they will definitely run it up before earnings. If you want numbers stick to bidu. Qihu is an unknown quantity and thats where the magic is. My faith isnt in qihu's numbers, my faith is in the wall st. machine. If you want to hold qihu through earnings... now that is faith.
        I think your confusing the "unpenetrated mobile population china story" with euphoria. There hasn't been a good bubble story like this since the dotcom boom. Bita $30 +.

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