BIDU upgraded by Goldman: $273 target

Quote from gimp570:

BIDU seems like its going to be bigger than GOOG soon...


they seem to be getting closer everyday
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BIDU what a monster.....

i think its going to $1000


its gonna have a higher price than GOOGLE...


right now only 80 bucks away...
 
I posted this on my journal Tuesday:

Saw this article today about how shorting BIDU at its current levels is a no brainer: http://seekingalpha.com/article/150...ish-in-a-barrel

I have to agree with the author that the setup looks enticing for a short, but a look at BIDU's 3-year chart made me laugh, especially considering the irrational moves stocks area capable of.

BIDU chart attached...

The barrel got a little bigger it seems :D

OK here it is: http://seekingalpha.com/article/150078-shorting-baidu-easier-than-shooting-fish-in-a-barrel
 

Attachments

i can't believe they are back to pump stock and prop the market again and playing games after the mess the market went through

i guess they never learn.

CIT is another game. i don't think are much players that want to play their games anymore

Quote from capmac:

Valuation

We raise our six-month target to $273 from $212 (DCF and P/E to normalized growth) to reflect more confidence in higher estimates. At $273, shares would trade at 30X our 2010E EPS of $9.10 and 42X 2009E EPS of $6.50.
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Quote from capmac:

Valuation

We raise our six-month target to $273 from $212 (DCF and P/E to normalized growth) to reflect more confidence in higher estimates. At $273, shares would trade at 30X our 2010E EPS of $9.10 and 42X 2009E EPS of $6.50.
More...
Why GS even bothers to analyse such crappy companies as Baidu?
 
Quote from gimp570:

BIDU what a monster.....

i think its going to $1000


its gonna have a higher price than GOOGLE...


right now only 80 bucks away...
More...


BIDU WOW!

just wait until these china men start getting on the internet...not many even have computers....
 
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