Baidu, Inc. Message Board

  • yobo100 yobo100 Feb 5, 2013 7:46 AM Flag

    trading below 100. Ouch! Looks like a gap in the charts around 93.

    Perhaps we will see it. Revenue growth was basically non existant quarter over quarter, Q3/Q4. And all estimates and company guidance call for revenues to actually decline from Q4 to Q1. And then they mentioned they were increasing spending and marketing dollars to pump revenues. In the short term not good for the stock, but the long term picture I believe is very positive.

 
BIDU
96.452.56(+2.73%)May 24 4:00 PMEDT