Options Wonderland

[langlui]

BIDU.. Q1 came in below expectation, but still trading up 6% in A/H. What a joke.

Baidu Sees 1Q Revenue Below Street View
Wednesday February 13, 6:45 pm ET
Baidu Predicts 1st-Qtr Revenue Lower Than Wall Street Analysts' Expectations

NEW YORK (AP) -- Chinese search-engine operator Baidu.com Inc. predicted Wednesday that its first-quarter 2008 revenue will come in below analysts' estimates.
For the quarter, the Beijing-based company anticipates revenue of 533 million yuan ($73.1 million) to 548 million yuan ($75.1 million). In the first quarter of 2007, the company's sales totaled 275.6 million yuan.

Analysts polled by Thomson Financial expect $77.1 million in revenue.

Baidu's American Depositary Shares rose $12.91, or 4.9 percent, to $274 in after-hours trading. Earlier, the shares finished regular trading up $15.66, or 6.4 percent, at $261.90.