One of most popular web name O2O takes away business from BIDU that makes BIDU have no room to grow. the company had been reached most expectation to investors in last couple of years.for the longterm holding better picks is BABA not BIDU.
I sold my 30k shares before closing market today @101. due to the fact that i have seen in China during my summer vocation.the store in major city in Shanghai have no much customer as company delivered news to the public in State.the number of store employees is more than the shoppers,i was wondering how did UA boost their sales when the PMI hit the lowered record in years.
g.brown21,if you don"t own UA share you do not have to worry about it, watch and wait until you could get BUY 1 GET 1 FREE as current share price, that is the good point to entry.GOOD LUCK TO ALL.
Thanks for your reply. but i have a little humble opinions is that due to China market decline for couple of quarters recently UA will not meet the expectations as investors wanted to have.and the entire sector is impacted by the slow market, look at GPS NKE etc they all trading in 15/pe.