This earnings report hasn't changed a fundamental weakness in BIDU
Apparently you need to do a little more homework on This ADR called BIDU trading at 15 times sales....Thats 15 times SALES...CAN YOU FATHOM THAT?All growth has been baked in to Bidu for years...Sure it will pop tomorrow however this stock is heading down hard in the comming months!!!I have been short from 155...This adr has one of the lowest short interest on the street!ALl of the above still doesnt account for the fraud being thrown in the face of all US adr holders and that will crush all these chinese players...They will be sent packing soon!
You are assuming that the p/e presented here is not a fraud! My bet is that this fraud as well as many other Chinese frauds adr's will be sent packing home and that little tidbit of info will CRUSH ALL OF THESE "PLAYERS"!!!!Did ya ever wonder why no insiders own ANY BIDU ADR??