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Baidu, Inc. Message Board

  • fredsblog2013 fredsblog2013 Jul 12, 2013 9:06 AM Flag

    Baidu-July 12- Purportedly Qihu 25%. Baidu 70% of Search..What will be Baidu's next move?

    Good morning Baidu longs. Assume this morning the search game is different. Qihu has 25% and Baidu 70%. How will Baidu handle the competition? Are they as stodgy as we are being made to believe by many analysts? I look forward to how Li answers the many questions that he will be asked after the CC. It will definitely be an interesting month.Volatility continues in Asia – HK down .75%, China down 1.7% ,SP pre. mkt -2. Let’s see if we continue the positive movement of this week.. Options 95,97.5 0r 100? The opening today of both Qihu and Baidu should be interesting. Has the purportedly news of Sougou to Qihu for 1.2-1.4 billion already factored in?Next week will be a testing time for the Chinese government in revealing just how much of a growth slowdown it is willing to tolerate, I assume they will try to talk down interest rates without stirring the market. For now, the shorts may attack due to the Qihu news. Hopefully the longs will fend them off. Keep strong in spite of the negativity and shorts desperation. Recent positives include: 1) Baidu Leads China Mobile Map Market 2) reportedly, Baidu's Duoku mobile entertainment/content unit has bought mobile gaming portal 3)China has agreed to pass their audit of 1 US Company to the SEC. 4) bullish options moves. 5) Baidu's video unit has linked up with Henan Satellite TV to launch the nation's first entertainment show for TV viewers and online users. Innovation is number 1 at Baidu. Good luck, amidst the frustrations over the last year, until we see the earnings. Today will be an interesting 1. Should be an interesting open for both Qihu and Baidu.

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