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Baidu, Inc. Message Board

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  • blust34442 blust34442 Oct 29, 2009 4:56 PM Flag

    Plain fact is BIDU missed estimates and earnings

    There are too many powerhouse positioning long into the earnings. These are smart, rich and powerful people with much cash to burn and manipulate. They will try to lift BIDU up to salvage their long positions in the following 5 to 10 days. I think no matter how hard they try, BIDU can't get to $410, nonetheless the price before the earnings. If you long BIDU, try to get the best price and exit with them.

    There will be an end-of-year rally. But BIDU won't participate just because they have announced a crappy quarter to come. Take the money and buy AAPL, AMZN and GOOG on the next dip.

 
BIDU
185.01+7.34(+4.13%)May 27 4:00 PMEDT