I said yesterday that it would open at 214.83 (i think it was .87....you can see if you look....Just for fun was the subject) and that it would fade throughout the day to the 212 area. I wouldn't be surprised if something like that happens BUT...that was a fantastic Q!!!! I also said it would run to 225 next week....I'm not selling in the low 200s, why would anyone else? I get the feeling that things are gonna be pretty interesting over the next month. The big question is, what are the MMs gonna estimate the growth rate to be? Many have the next 5 years in the 20-30% range, it may be conceivable that they were off be 10%. If that's the case, what will they give the FPE (1yr)? Will they give the FPE a 60? That would still be cheap....Those who are talking about 300/sh this year aren't necessarily pipe dreaming if you ask me. I wish I had a crystal ball but I don't so take my words with a grain of salt. GL and congrats, B
OH, remember....it isn't a gain till you sell it.
The reason that I expect this is that a lot has already been invested and last Q they had already seen significant results from their investment into mobile. I would think that the momentum gained last Q would only increase and, as I've said in the past when the stock was down in the dumps when they first began the move to invest in mobile, look what GOOG did once it started to monetize their mobile platform....it was explosive to the upside. It doubled GOOGs CAP. I expect the same has already begun in BIDU. The thing is, the move began last Q....GL all, B
So with earnings tomorrow night, who would like to make a prediction at where BIDU opens on Friday morning...it's just for fun...I personally expect that mobile is moving right along and as a result they will beat sending the stock up to 212-215 range. Since I said an exact price above I will say 214.73....and it will likely drift lower before rallying next week to 225...Time will tell. Have fun.
I am looking forward to the results myself....It seems to me that we will be reaching for a new leg up if they beat and project well into year end. It's amazing how things change in just 12 months....GL all,
Well, I am a long and I am insulted by you...grow up fellow long. You do realize that who you are invested with speaks to the investment. If I am invested with a lot of people who speak the way you do then I will gladly sell and I would assure you that there are many like me. Grow up or go away please...for your own sake. Don't get me wrong, I have done some of the same things you have done but have also been educated why it is a foolish way to approach it....thanks in advance, B
No...NOV can't swing that...not really even close. However, it does seem like WLT could be targeted perhaps once they sell off the nonprofitable arms and pay down some debt. In its current state I wouldn't think there would be any interest...but that's jmo. GL, B
The big advantage here is the fact that there is huge support at 54 but that support really extends to the 58/sh area. The reason I say that is that when they did the offering at 54 'someone' bought them up and the stock jumped about $5/sh. I have done my own investing for about 10 years now and I continue to be baffled at what happened last month. The only conclusions that I can draw from the price action is that there is a lot of support in the mid-50s and I clearly don't need to be worried about being piggish here. I am just hoping the company continues on plan so that the big investors don't leave. GL, B
That's good advice. So the sell would be on earnings day....if there is a big pop that is. I wouldn't be surprised if the stock runs 10% this week. That is, 215/sh or so.
fingers crossed....but I do tend to agree with you. They seem to be in the favored niche of children's toys and their CAP is only 500M which seems very low when you get tunnel vision of just their sales numbers. Time will tell the story. I think there's a chance that the stock trades in the double digits this year and I can't see, under any circumstances really, it trading below the 6/sh low. GL, B
Seems that Morgan Stanley agrees that there will be a big move, to the upside.
Great quarter!!! This company is going up, perhaps not in the next week or month but over the next year I expect we will be seeing another 25--35% of upside. I am hoping to get an opportunity add on the cheap. GL all, B
So no thoughts on either side? I gotta say that I'm shocked. This board used to have a lot of action.
OK, I don't often jump on boards and say things about what is going to happen b/c there is zero to gain but I just noticed looking at the charts that there is a major convergence of long term and short term resistance (a look at the 5 year chart shows it best). In the past when I have noticed these situations set up the moves have been huge....GD is a good example of what happens when the stock runs up. Anyway, I would expect that if BIDU can show that they are continuing to monetize mobile (and at a higher percentage of course) than the stock show aggressively move higher (as much as 40-50% over the next 6 months). Well, there it is....thoughts, preferably one's that have used a brain to conjure them up. GL, B