I think Google has something to do with Bidu not going upward
Just my say. There seems to be something going on with any companies that are from China. Of course, Apple didn't do well after earnings even though they beat it, but there is a different feeling here. Can't seem to point it out. Bidu beat the heck out of the earning, they were up in asia but NOT here in the good USA. Any input?
The sites you provided is not saying much. Analyst in Wallstreet explaination sounds like there is a manipulation going on against anything that has to do with chinese companies. It's more political. If they were doing this, why not tell the investors from here before and not after.
This is not one of those Chinese reverse merger companies , BIDU is a strong company , and as far as AAPL goes ( I disagree )after earnings which was less than a month ago , Apple has gone up approx 100 points . Bidu has had a nice run up in 2012 and their is some profit taking going on, this stock might go down to 132 or so ,than it will elevate towards 160 again, still plenty of growth , still many more people in China not on the internet yet and as time goes on more and more will be on the internet. Good Luck