Okay brainy. You clearly don't have command of the English language, but you do have a good point that BIDU is very undervalued at this level. You managed to insult over a billion people in the process though.
It's weird. Forward P/E of 11.6. Beat earning estimates soundly. No bad news. This company has a good rep. Volume is average today, and it's dropped 6%? I think the stock is heavily manipulated. It probably will come roaring back after analysts upgrade QIHU after they have digested the earnings report.
I have held some shares in VIV for a really long time, probably 13 years. It has paid a great dividend but the share price is less than half of what I paid! I keep thinking its going to do better but it doesn't. Talk about frustrating. If I had held onto a company like ATT I would have done better.
I bought more BIDU today. I have done well when BIDU goes low in buying more shares and selling some when it reaches new highs. It is a growth stock with a very solid business and it will continue to dominate. BABA is also a growth stock, I just happen to think that it still is expensive. BIDU's PEG ratio is around 1.0.
The PEG ratio is 0.55 too, which means that its way undervalued at $77. At current price of $70 its a screaming Buy I think.
Usually when there's a buy out offer the price of the shares automatically hits the offer price. This is weird.
Thanks. That's a good explanation. I thought the stock price would go up to within 3% of $77.
How much of their energy did Jaguara contribute? Brazilian politics makes it difficult to want to invest there.