Saturday, May 13, 2006

Over Priced --- BIDU

BIDU (Baidu.com, Inc.)

Baidu.com, Inc. operates as a Chinese language Internet search provider.

Its closing price of 5/12/06 is $78.51.

Even with the latest good earning and good potential, its price is still too high. It is a short term down play target.

My suggestion: Sell (3)
Instruction: It is a short time target and very risky one. Don’t be greedy when you play it. Cash your gain at every predefined price level.

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