Bashers like you, posting the same message over and over with your ID No. 8 and 9 and whatever - means you're the laughing stock of this board, clown
Instead of $120s, BIDU should be at the $200 level now with profits increasing by leaps and bounds.
The quants will be repricing BIDU to $190.
It was $110 before the report. With a 72% increase in profit, just multiply $110 x 1.72 = $190.
Since Wall st. is forward looking, expect $200/share since BIDU will hit 100% growth (up from 72%).
The quants will be repricing BIDU to the $170-$180 level, because profit grew 72.00%. BIDU was priced at around $110 before the report. With the new stats, 110 x 1.72 = $190. BIDU should be at $190 by now. Still a long way to get to the right price level at around $190-$200/share.
upswing chart to boost BIDU to $200/share. It hit $160s without the 72% revenue growth. With positive outlook that BIDU will hit 100% growth as there is no stopping internet growth in China, BIDU to hit $200 for sure.
Hedge funds wanted to accumulate at $100-$110 desperately.
They manipulated and got their cheap shares.
Now that they have their cheap shares, they will push this up to $160-$180 and short squeeze the greed shorts.
Time for shorts to get out now.
Is today turn-around day? This is like that movie 'groundhog day'. You wake up to the same down tune. We must get something right to make it go up.