Baidu (BIDU) is consulting with lawyers regarding the workings of Qihoo 360's (QIHU) new search...

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Anton Ramish Comments (178)
 
anytime one is "consulting with lawyers" is smack with trouble.
"I would advise". to stand back...
23 Aug 2012, 06:32 AM Reply Like

pjwraw Comments (11)
 
too soon to tell what it means
23 Aug 2012, 07:30 AM Reply Like

TruffelPig Comments (3247)
 
It means that I bought QIHU (I keep my BIDU shares) because they seem to be a threat to BIDU.
23 Aug 2012, 01:17 PM Reply Like

syedmeerza Comments (3)
 
Absolutely blank about BIDU's future. I wish I had not bought it. Having bought it at wrong time, kept thinking to sell. But due to my procrastination in selling, I am caught lying down. Now my loss is more than 15%.
Can any body tell me either to sell it or wait?
31 Aug 2012, 03:43 AM Reply Like

TruffelPig Comments (3247)
 
Wait. This is coming back. You need to learn to be a bit patient. A year is nothing when you own stocks. It only makes sense to sell at a loss when the story is fundamentally broken.

By now I shorted QIHU after reading more about them.
31 Aug 2012, 06:25 AM Reply Like

syedmeerza Comments (3)
 
I have learnt a lesson. Never buy a Chinese stock.
US and Canadian stocks are more predictable and the companies, by law , are required to disclose everything regarding their accounting and future guidance.
29 Oct 2012, 01:22 PM Reply Like