Bidu @ 400

Quote from stocktrader2007:

Any comments on this.. Seems to move further higher .

What makes this so higly valued??

If this can go 400 why not google 700..


BIDU can go anywhere it wants. Its overbought right now. GOOGLE is a 700 lb Guerilla and BIDU a 400 lb Guerilla.
 
Google already closed above 710 (711 in fact). I believe that this stock will go higher (albeit bubble - I don't really care since I'm a very short-term trader).

All in all, it depends on how the market condition will shape (and to be honest, it's not pretty)
 
Back
Top