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BIDU Baidu, Inc. +2.9%
Initiated 7/20/11 $153.47 - Target 7/27/11 $157.90
Closed $161.24 7/27/11 4:00 PM
Today $93.89
Made 5.1% Consider this Stock
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David Sachdev
Washington, DC
User since Dec 2009
Covers CMG DDD MGM AAPL - Go to Blog
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Play into earnings

The plan is to free up some Apple capital today as long as price action works well, to put some of it to work in anticipation of Baidu earnings.  Google's stellar earnings hopefully helped pave the way and in general China stocks have done well, and their economy hasn't been suffering the same way the US has been.  This is a pure earnings play...and thus not for the weak at heart. 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               
 
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What People Are Saying...
Larry Leviton agreed at 7/20/11 10:10 AM Agree
Chinese stocks are on fire this morning. I monitor 10 of them, including BIDU. The only one that is down is DANG.
Mike Barkett agreed at 7/20/11 10:57 AM Agree
Wesley To agreed at 7/20/11 6:03 PM Agree
Wesley To said at 7/25/11 4:41 PM
Thanks for this play, its lookin good at the moment. Cash in on a quick profit.
David Sachdev said at 7/25/11 4:55 PM
Seeing some pullback into the 164 levels, but still, a very nice report. I wish I had a few more days on this coverage.
Josh Warner-Burke said at 7/26/11 2:24 PM
Good call
BIDU $93.89 -1.25 (-0.1%)
 
 
BIDU: Broken the psychological barrier
Opened 102.08 9/27/10
Target 119.50 by 2/25/11
Today 93.89
David Sachdev from Washington, DC

BIDU: BIDU saw a lot of upside...
Opened 70.35 7/9/10
Target 68.00 by 8/27/10
Today 93.89
David Sachdev from Washington, DC

BIDU: China will recover before us
Opened 435.12 11/30/09
Target 504.00 by 2/26/10
Today 93.89
Henry Chinaski from South L.A.

C: Will it survive?
Opened 4.28 3/26/10
Target 5.00 by 1/19/11
Today 50.53
David Sachdev from Washington, DC

 
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