Short Short Baidu (BIDU) ASAP

StocksonWallStreet · 07-30-2009, 09:01 PM

Baidu has now gotten a little ahead of itself and become over-valued and this is why. For the past month of so Baidu has been a monentum based stock. With a P/S of over 10 I classify this as a monetum based company and only in strong markets to I like to invest in monetum based stocks. To add to this the PEG ratio is well over 1 at 1.71. Strong companies usually have PEGs below 1 whereas Baidu shows quite the opposite. To add to this Baidu has seen the majorirty of its growth thanks to a large part of the Chinese Government. To read rest click on link:

Short Baidu (BIDU) ASAP | Stocks on Wall Street

teenwolf41 · 07-30-2009, 10:23 PM

I think BIDU is a good short as well. Good call on that.

StocksonWallStreet · 07-31-2009, 07:02 AM

Originally Posted by teenwolf41

I think BIDU is a good short as well. Good call on that.

Agreed is has been up far to much and the technical analysis does not favor it any more.

07-30-2009, 09:01 PM	#1
StocksonWallStreet Senior Trader Join Date: Jul 2009 Location: Tempe, AZ Posts: 198 Favorites: FWLT, USG, GOOG Rep Power: 24 Reputation: 106	Short Baidu (BIDU) ASAP Baidu has now gotten a little ahead of itself and become over-valued and this is why. For the past month of so Baidu has been a monentum based stock. With a P/S of over 10 I classify this as a monetum based company and only in strong markets to I like to invest in monetum based stocks. To add to this the PEG ratio is well over 1 at 1.71. Strong companies usually have PEGs below 1 whereas Baidu shows quite the opposite. To add to this Baidu has seen the majorirty of its growth thanks to a large part of the Chinese Government. To read rest click on link: Short Baidu (BIDU) ASAP \| Stocks on Wall Street __________________ Interested in Financial News, Market Updates, and Hot Stock Picks? Then check out http://stocksonwallstreet.net/ for more details. It's where the Bulls beat the Bears !!!
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07-30-2009, 10:23 PM	#2
teenwolf41 Senior Trader Join Date: Jul 2009 Location: Massachusetts Posts: 114 Favorites: SWKS, EGO, ARNA Rep Power: 24 Reputation: 196	I think BIDU is a good short as well. Good call on that. __________________ A young investor's stock market and portfolio analysis
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