Learn some English before you post on a public forum...QIHU is ZERO competition to BIDU. If MSFT and YHOO could not make a dent into GOOG with billions of dollars at their disposal, how can "tiny" QIHU compete with BIDU, "The Google of China"? Google itself couldn't compete with BIDU.
On the flip side, if QIHU misses like it has the last 2 quarters, BIDU will sky rocket! Every "real" company had a soft 3rd quarter (except BIDU, it killed profit estimates), it wont be any different for QIHU.
Longs just need to ride this out and they will be in good shape come 2013. This drop is meaningless and only due to panic selling of the weak!