Me, I have owned it since $7 per-split. I would be buying with both fists. This is a bargain basement steel of a deal. The cheapest stock in the market considering PEG and Growth Rate. Next year will be a banner year for BIDU. Just watch.
He should be concerned, both my brokers, one at AG Edwards said no way can't touch that, he said havn't you seen all the stories telling you to buy on Yahoo, somebody is paying them to write those stories because they want out badly.
Then I got a second opinion from my broker at Raymond James, he said stay away from that one, the fluff pieces are to try and offset some nasty rumors going around about Bidu accounting, delisting off US exchanges and much worse.
I am holding some bidu, talked my friend into asking his Goldman Broker, stay away, I'll look at it again for you 45-50. I bought puts next day for protection Jan puts
It is more of a political issue, than a company specific issue. It will get worked out. I think BIDU is a 'straight-up' company, along with Tencent and Alababa. These are the only three Chinese companies I would invest in....BIDU is a jaugernaut and CHEAP.