BIDU

[cmshop]

Any idea?

[dhiraj19]

Can you give me the link? I dont think so.. There has been news about IPO but no ticker or laucnh has been announced....

[eduardvs]

not sure how accurate this is -
http://www.chinastockblog.com/2005/03/baiducom_from_t.html

http://www.ipohome.com/common/ipoprofile.asp?ticker=BIDU better info

[cmshop]

E-Trade shows that BIDU's trade date is 08/05.

[gmarc66]

WOW!

Took  off....opened at 66$ now at 96$

Is there more...nice pick
where do u see it going?

thanks julia

[cmshop]

Did you buy it , julia?

[cmshop]

Moved up $40 in one hour. Who can beat this kind of move? 

[Terliso]

BIDU what did you do?  you are on SUPERFIRE!!!!! DAMN!! $140

[AustinPowers]

Truly amazing.  I've never seen anything like this.  I figured once it broke $100 it would take off but not like that.  I bought a little at $111 and sold it at $143 about 15 minutes later.   If this really is the Chinese Google than who knows where it will go.  I saw a press release that the CEO denied that google wanted to buy them before the IPO.  Interesting.

[cmshop]

"once it broke $100 it would take off but not like that." What do u mean?

[AustinPowers]

I meant to say that once it broke $100 I thought it would take off.  The way this thing is moving today and figuring that $100 would be a psychological barrier that once broken people would feel they needed to jump in.   

Wild swings on this one. 

[REALDEALS21]

What are you predictions for next week ?

I think it might test $175

[cmshop]

why $175 ? what kind of formular you use?

[REALDEALS21]

-Compare it to last years Google IPO

-Google might take it over

-Profitable, 0 DEBT, $23 billion in cash !

-Strong growth in the highest growth country in the world, CHINA

What you guys think ?

[higherstocks]

I dont like it!  Get out now!  This thing will drop like a rock!

The current price suggests a market capitalization of more than $3 billion, which is way too high, said Darren Chervitz, director of research at Jacob Asset Management in New York. Revenue is just $30 million.

The stock has plenty of risks. A fifth of its traffic comes from users downloading illegal MP3 files. The Chinese government has shut it down for violating censorship rules.