As expected, Wall Street staged a dead cat bounce today.
BIDU, despite the new but expected changes to Internet regulations,
had a nice bounce Tuesday. The stock price is clearly oversold
for a quality issue like BIDU.
In the upcoming earnings report, BIDU may surprise with an upbeat report
reflecting management's decision to pare back in O2O spending for the
Sentiment: Strong Buy
It takes two to tangle yet one particular group always misses out.
It's been over 140 years folks.
Blue moon in Kentucky first and then to the stars.
For patient investors, buying CBI at current prices (PE 5+) is a steal.
The lawsuit brought on by Westinghouse will be a nonevent.
WILL CBI be a takeover target ??
Up $9.66 on no specific news - BIDU's growth for next 5 years is negative
and today's closing price indicates a PE of +31 based on 2017 earnings of $6.22.
Sold half of position today @ $194.78 and wait to buy back below $186.
Sold the remaining @$196.22 on Friday - BIDU is losing market share
in digital advertising to Alibaba and its search dominance is getting
attacked by Tencent and others.
Will consider buying back IF BIDU drops below $184.