As I told you guys yesterday BIDU always trades down after earnings. In fact it averages about 7% down after each earnings release for the first 20 days. I say she trades to 135 as I said yesterday. BIDU is headed back to 120 before she rebounds. That is just the way she trades.
Every quarter, when BIDU released earnings, then the price was going up for at least few days, the gains range was $17 to $22, look at the chart, after releasing 2Q's earning, the price was up from $126 to $148, after releasing 3Q's earning, the prince was up from $119 to $136. so this time I bet we are heading to $160.