Good to see cautious sideline-money hesitated to put to work. Once breakout happened, bidu will move very fast ... crossing 170 is a hurdle, but once this done, breaking 200 will be like walking in the park. happy trading and good luck to all.
I played bidu when it was low 100 before 10 to 1 split. I made decent gain although did not fully take advantage for the a few good runs. I came back also before split and got rid off after the split; this time I made much bigger gain the first time. Again now I am back in again and I hope will do well like my previous two. No one really know for sure when it comes to investment; I like my chance here due mainly reward to risk ratio. Good luck and hope all doing well. Keep your head cool when it comes to investment. I like buying on the dips ... keep some for medium and long terms and buy on the dips and release on the run. Cheers!
Short term can be either way but medium and long terms are a good bet. BIDU is not just a search company; its parts is worth much more than the whole company. In the next few yrs, we should hear more of its parts to be spinned off and to be taken to IPO. As china market getting bigger, BIDU's worth is proportionally appreciated. By yr end, breaking 200 is a sure thing. Happy trading and good luck to all. Cheers!