The Sovereign bank in my neighborhood recently switched it signage to Santander. There is a high percentage of Hispanics here, from Mexico. I'm not sure of the brilliance of this move. It's all about branding. Now when people vacation in Spain they will say, "Oh, I know that bank". 'Sovereign' implies prestige, status, and heritage. Santander implies somebody's last name, like Chase or Morgan
Have you no shame? My point was stock splits are meaningless, whether its 4:1 or 10:1. Its like being able to buy one stick of butter for the same valuation as a pound of butter, or 10 lbs. of butter.
Certain stocks get a cult following. The valuations for Amazon are insanity. I think the only ratio that comes close to earth is its price/sales ratio. In other words, they sell a lot of stuff at low profit margins. Qihu's ratio's are in nose-bleed territory except its PEG ratio. How long do you think QIHU can grow 100% annually?
It's been consolidating and forming a base for about a month now. It's going up into the $170's by years end, as mutual funds will want to do some window dressing.
I checked what Standard & Poor's recommendation for QIHU was, and they have absolutely no coverage or data about them! BIDU, on the other hand has a full report with a "hold" recommendation and an "estimate" that it will go to $188. Sounds like a "Buy" to me! I suspect that QIHU way over-exaggerates what it's search share is. Their income now is in the 60 million range. Now they should start acting like big boys. Lone Pine Investors recently plunked down almost a billion on BIDU. They must be quite certain that it'll pay off well.
Sentiment: Strong Buy
Yeah, every time I bought stock with a PE over 60 I got burned. I consider the PEG and EV/revenue now also. BIDU PEG is around 1.3, which is actually quite cheap. b_hesford's full of balderdash.
Sentiment: Strong Buy
Talk about hell on earth! In the area hit there's probably going to be months of rebuilding telephone lines and cell towers.
It is being accused of stealing video. I hold a stock- TEVA- that is in court all the time! BIDU states that they make a good faith effort to prevent piracy.
Just report and ignore. There are times when I get a whole page of ignores. I agree that this message board is basically a waste of time, with a lot of ignoramus aliases probably hired by QIHU to trash the board.