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Author: [Investments] Topic: BIDU
wallstreetcappers send a private message View Space | Friends | Playbook |
wallstreetcappers
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Joined: Feb 2003
Posts: 47614
Location: United States
#1
Posted: 4/28/2010 7:23:08 PM
Up 90 bucks in after hours to over 700 a share.

Its only trading at 70 times revenues, but that 10 for 1 split is the kicker.

BIDU will likely be over 1k before the split is done..



The more the stock runs the greater the short will be, what a mess.
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LuckyLuke send a private message View Space | Friends | Playbook |
LuckyLuke
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#2
Posted: 3/30/2011 3:36:38 PM
Wall what do you think about BIDU now?  itts exploding.  Going up on daily basis.
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wallstreetcappers send a private message View Space | Friends | Playbook |
wallstreetcappers
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#3
Posted: 3/30/2011 4:53:38 PM
It hit the 1k target I had for it.

The stock is selling at 40 times sales, almost 40 times forward earnings, 90 times trailing earnings, and 45 times cash etc etc.

They are pretty much a monopoly in the space, I guess they will keep having cushy margins and revenues should keep improving but I really think fair value is half or below of current price.

You positively dont run in front of a train though, the .com mania taught me that..but there are some monster multiples that will get taken down hard at some future point and BIDU is one of them.
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