Baidu

[lowtempo]

Baidu reported earning today that were well above expectations. The compay expects a steady increase in earnings throughout the rest of the year. How do you folks feel about this Chinese Google?

:)

[clavocat]

Baidu reported earning today that were well above expectations. The compay expects a steady increase in earnings throughout the rest of the year. How do you folks feel about this Chinese Google?

:)

im in it through a mutual fund, OBCHX- second best performing fund last year, and Baidu is the top holding at 5% of its assets, fund was down today when it would normally be up- o well...they talked about it on fast money and they said its expensive blah blah, had a run and id wait to see how it pans out in the next week before jumping in, unless you keep a tight stop because this thing could fall another 5% or go up 10% in the next week imo.

[Jack24]

Terrible chart and technicals.

It's breaking down completely.

Given its P/E ration, it has much farther to fall.