Yahoo finance shows BIDU has 2.2 billion cash, but with their debt, they have less cash than RENN. BIDU pays no dividends. Can anyone explain how that is possible? What am i missing? GOOG has like $50 billion cash.
Go look at a financial statement. BIDU has $14 billion in cash.http://seekingalpha.com/article/390031-baidu-the-google-netflix-iphone-priceline-and-facebook-of-china
Why does Cramer say Buy BIDU? BIDU has no cash! Why or how could this be? GOOG has $50 billion cash.It would take BIDU 44.5 years on the income they have now, to pay for 1 share of BIDU stock. Why is BIDU so high?They are not GOOG. GOOG has 49 billion in cash. BIDU has less than 2 billion in net cash.Someone explain why BIDU is so high.Thank you!J