what you guys think? Time to get in for long term, earnings come out next month!
When bubbles burst, they typically do not bottom out until the PE gets below 20, sometimes even below 10. What we're experiencing now may be a dead cat bounce.Good Luck.
its tough..I am long bidu, but think we might see $115, but people at my work think the gap at 106--I don't agree with them...I think we test the $156 again after earnings? thoughts
With this upcoming severe bear market, I'm thinking 91 which would put this at a P/E of 50 which is next years growth rate.
I think we will see $37 and then $752. As for me, I just BTFD.