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Baidu, Inc. Message Board

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  • rem_the_gem rem_the_gem Apr 3, 2008 11:33 PM Flag

    on a one year chart

    Go look at a weekly of AAPL RIMM ISRG and BIDU you will see that BIDU is just getting started. THIS STOCK IS STILL CHEAP UNDER 300. I do not expect this to stay under 300 for very long

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    • It's hard to say. The chart looks tricky but just plain common sense points down for tomorrow, probably for the whole market. Look out for any real red because once the market gets some steam in the red direction there will be profit taking. there is little trust left in upward movement and if you had to ask me I would say this is a suckers rally. I watched BIDU on Level II all day and there was few institutional buyers.

      • 1 Reply to reneew97
      • Its a new quarter. It is earnings season and things have been better than expected. RIMM had piss poor subscriber guidance and they still ran it up today. Garmin warned and barely sold off.

        If you ask me it was a suckers sell off last quarter and now everyone that bought and held the dips is getting paid handsomely.

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