Seeking Alpha
  • TruffelPig
    BIDU has a super quarter and people are selling??? How stupid.
    8/23/12
    Reply (13)
    • iadops40: http://bit.ly/Oafsoq
      8/23/12
    • TruffelPig: I know, but I put that under rumours really. There is always some competition.
      8/23/12
    • Canary Cash: TP, notice how High PE MoMo names (other than AMZN) are getting big haircuts?
      8/23/12
    • TruffelPig: That is true in general. There is P/E contraction going on. BIDU is a good investment though I think.
      8/23/12
    • TruffelPig: I mean, growing at like 50% makes the current P/E very reasonable. Even less growth makes the stock reasonably priced.
      8/23/12
    • Canary Cash: I kinda think inst. are looking to shoot momo 1st and ask questions later over the next little / longer bit
      8/23/12
    • Canary Cash: unless everything becomes ok suddenly :)
      8/23/12
    • Hillbilly Stock Star: Just some people think China goes into drink!
      8/23/12
    • TruffelPig: There is this exaggerated China fear, that is true. These stocks will come back second half anyhow.
      8/23/12
    • TruffelPig: Just in case the analysts are right I bought some QIHU calls.
      8/23/12
    • jazzfan1: What a quickshot from Deutsche...Lowering 9 + 10% EPS 2013/14 for BIDU is pour speculation, throwing some numbers around...
      8/23/12
    • TruffelPig: They have changed management - more like GS and BRCS now. Manipulators and thieves.
      8/23/12
    • jazzfan1: Exactly!
      8/23/12
      From other sites