chinese users now are over 500,000,000 MILLION
Population is 1.2 billion
34% are wired,, on line.
(usa 77% /300 million rough)
the downside is.. 12% growth YOY..
which is lowest in last few years- the thinking os "if u are not online-u dont hv capacitty to go online"
so.. the queston is .. is baidu MONETIZING what they have.. and adapting?
read below.. i say yes.. yes
HERE IS AN EVEN BIGGER TRUTH,....The company did the split allowing analysts to justify this lofty valuation.
20 times revenues simply is not sustainable and the company has had plenty of time grow into this unsustainability.
Ive been short from 155 and will stay that way with some upside calls to protect my short position.My call is this stock is trading below 100 in 3 months!!!
the worry is that the expectations are so high that anything less than expected -- no! anything less than a blowout above and beyond what is expected -- will preciptate a sell off. the longer we go without a disappointing earnings report the greater the reaction will be when that day finally arrives, which it inevitably will.
I like your enthusiasm on GMCR, champ
Leave the shorting to the big boys or as you call them "tutes are a sham of money management..." e.g. Einhorn et. al. GMCR was a good short many moons ago, and looks like you're still knee deep in your own poo trying to short it.
I'd love to stick around to humour you some more, but I feel that I must leave you to exciting life of posting your fear doom and gloom 24-7 on the GMCR message aboard (now that really humored me ! )
Humour me some more...The tutes are a sham of money management...They arent nimble and if you the retailer follow their moves you will lose it all in MOMO names such as Baidu and a host of others!!!
I guess you should also ask the other large institution who bought $25M of worth of BIDU at the end Q4 2011 to "brush" up on their VIEs etc ?
It appears that you, Mr Small Time retail shortie possess deeper understanding than big time institutions too now ?
What a joker you are.