Baidu.com Inc. RawGreed Award winner of the day

Posted on September 27, 2005 , filed under Stocks | Print This Post

BIDU, Baidu.com, Inc. operates as a Chinese language Internet search provider. The company offers Internet search solutions and online marketing solutions. This is a company with almost no earnings and trading purely on the speculative potential of the Chinese market. This is a rare occasion where the price of the stock is almost entirely based on speculation and greed. This is how analysts like Mary Meeker justify their bullish China reports.

Stock Symbol: BIDU, Baidu.com, Inc.

Intelligent Investor Strength: N/A
Chart Strength: N/A
Speculation and Greed Strength: 9

RawGreed Strength Rating: 9

Target Short Price: Over $80
Target Cover Price: $40 within 6-12 months

*Disclaimer, I shorted 200 shares of BIDU at $82.50.

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