Baidu.com Inc. set to go up today
Posted on October 25, 2005 , filed under Stocks | Print This Post
It appears that BIDU will jump up today. I wouldn’t be surprised if the stock breaks $90. BIDU is trading purely on speculation and greed. One important thing to consider when evaluating BIDU’s current stock price is that the entire online advertising search market in China was $200 Million in 2004. This will limit BIDU’s current revenue stream, unless the company diversifies beyond online advertising search revenue.
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