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Google (GOOG) has definitely paid a price for its decision to stop censoring Chinese search...

Google (GOOG) has definitely paid a price for its decision to stop censoring Chinese search results: iResearch estimates Google's share of China's search market has fallen from 29.5% in Q1 '10 to 18.3% in Q3 '11. Baidu's (BIDU) share is believed to have risen over this time from 67.8% to 77.7%.
Comments (8)
  • Jason Yi
    , contributor
    Comments (7) | Send Message
     
    But their evilness decreased by 20% as a result
    27 Oct 2011, 08:05 AM Reply Like
  • TruffelPig
    , contributor
    Comments (4100) | Send Message
     
    Short BIDU.
    27 Oct 2011, 08:05 AM Reply Like
  • psmith819
    , contributor
    Comments (535) | Send Message
     
    bad call pig.
    27 Oct 2011, 10:43 AM Reply Like
  • TruffelPig
    , contributor
    Comments (4100) | Send Message
     
    Happens.
    27 Oct 2011, 10:47 AM Reply Like
  • psmith819
    , contributor
    Comments (535) | Send Message
     
    you still shorting BIDU? BIDU has almost made me rich!
    28 Oct 2011, 10:02 AM Reply Like
  • TruffelPig
    , contributor
    Comments (4100) | Send Message
     
    No, I do NOT stick to my mistakes, I cover.
    28 Oct 2011, 10:24 AM Reply Like
  • psmith819
    , contributor
    Comments (535) | Send Message
     
    I've come to realize that BIDU always beats! People try to talk to it down but they have a strangle hold on China. This stock is the 2nd coming of Google.
    28 Oct 2011, 10:58 AM Reply Like
  • Showbiz1
    , contributor
    Comments (28) | Send Message
     
    BIDU may break 200 dollars per share before the end of the year. She has a defined tendency to break her 52 week high per earnings report. She did not do that this round due to being beaten down in early October via reports have accounting fraud among Chinese companies listed in America. This sadly hurt the stock, unnecessarily in my opinion. BIDU was not formed via a reverse merger and has all the attributes of a solid American company. The DOJ did a very big disservice by not listing in their report the names of the Chinese companies involved in the investigation. What resulted was a brutal decline of the stock, almost approaching its 52-week low of 94 dollars. Her biggest threat is the communist government of China. As of now, this stock, although high beta, is a fantastic investment. A little correction is likely, but I would not short.
    28 Oct 2011, 05:48 PM Reply Like
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