|
I picked up more BIDU today. Im long on it for the long term. Considering its market cap is at about 12-13B and GOOG is at 220B, they have a history of blowing away earnings, and china has very solid growth ops, this thing could be worth 3-4X what its worth today in a few years.
In the short term, it might get hit, but long term, risk-reward is very favorable imo.
|