We have reached a 52-week high! I am expecting positive earnings coming up!
Is fastfreddy still laughing?
What are the chances to selloffs after earnings? Anyone?
191.95 was the high in the last 6 months and a key resistance point. Watching the price stay above that number for a couple of days is more important to me than reaching 200 prior to earnings.
Anyone have a thought on how earnings might go?
BIDU is a different beast than GOOG.
1) GOOG is 700B dollar company based on search.BIDU is 70B. 2) 7B is on CTRP. valuations of china's internet based investments are up. Companies likeYY and Momo are up big time. With that in mind iQiyi should be valued at 5-7B. BIDU eatery is valued at 2B. BIDU's share of Didi is at least 2B. Other O2O bets have some value as well. Then there is apollo project. 3) Its hard to see how much the search should be valued. So investors are trying to guess by using the revenue and any positive signs of profit.
So a small beat may be enough for BIDU investors to be happy specially if revenues went up a lot. Basically law of big numbers is not a factor for BIDU, not yet.
Just for fun, who has predictions of the stock price going into earning? I think it's going to 196.25/sh for the ER and then it will go to 215-220 on a beat. Just throwing it out there for fun. Enjoy
BIDU has just seen the last of the selling. Looks like a potential push higher is in store. I started receiving notifications from AWE-some.Stock.s the other week and so far they have presented interesting new trade ideas.
Je vais vous attendre patiemment pour un prix tout bas ...
=== Shares of the Chinese Internet search provider Baidu ( BIDU) are higher over 14% year-to-date, but Bernstein analyst Bhavtosh Vajpayee on Friday reiterated his "Underperform" rating on the company's stock with a $152 price target, roughly 21% downside from today's open.
Where's Fastrreddy these days?
nice stock action this morning why is the green strength today?
if ya did not sell yesterday on good news ---> welcome to bad news and stock down today gotta master the art of "rinse and repeat" to profit yourself upon market cycling for trading $$$ bonne chance a` tous ...
=== Baidu is under investigation by Chinese authorities after the search engine provider's CEO test drove an autonomous vehicle on public roads. Baidu is heavily involved in the technology behind self-driving cars in China.
While BIDU is not overpriced at 64B, I wonder why a deal with NVDA will drive the stock.WE all know BIDU is working on automatic driving and other AI fields. While it is expected that Chinese government will probably try to push local companies at the expense of TSLA or GOOG, we do not know who might win in the automated driving.
There are several possible drivers of BIDU stock
1) Revenue is going up. The EPS is improving to some degree. 2) IQiyi becoming profitable is taking some time, anytime it becomes profitable or BIDU sells the unit financials will improve. 3) CTRP is becoming healthier (BIDU owns 25%) 4) O2O (like eatery and others) are still losing money. BIDU will be trying to limit the loss. Consolidations on iQiyi or o2o will happen at some point.
Everything in my list drop tonight except this
Intel with mobile eye to make driving easier appears to be a very poor need. Driving is pretty much a very easy task. On the other hand mowing the grass at 100 defree weather on a weekend in your free time is a total b$&^%7. Now if there were self driving lawn mowers and weed eaters I would pay googles price per share to have them meanwhile drive a Yugo and think I am the bomb just so I don't have to mow or weed eat especially on the weekend free time. I am wondering if I could convince Snapper to hook up with AMD????? I robot sweeps the floor so it appears do-able and valuable.
Fast Freddy never lies....
I can't stop laughing.....
ching chong chante une belle chanson verte aujourd'hui $$$
Would someone please teach me how to pick stocks better? I keep blowing it. Maybe if I asked Nosheetnonsense real nice he would agree to be my mentor.