Option Millionaires

[jimmybob]

BIDU ~ Folks, BIDU is an Option Players WET dream! ER's out AH's tomorrow, and expect HUGE volatility.

Last Q it beat: Day before ER's it closed at $249 ~ two days later it was at 177 - $72 SWING in two days!

2008/10/24 177.17 199.98 176.33 191.22 3,852,007 191.22
2008/10/23 239.83 240.33 206.00 212.54 6,688,525 212.54
2008/10/22 243.66 258.57 237.45 249.09 4,030,903 249.09

The Q before it went from $288 to 345 3 days later, a $47 swing!!

2008/07/28 336.72 345.50 332.10 334.36 2,964,015 334.36
2008/07/25 336.59 336.63 328.30 332.40 2,333,435 332.40
2008/07/24 326.00 341.00 321.40 335.08 6,582,192 335.08
2008/07/23 297.53 299.00 287.10 288.70 2,754,237 288.70


The Q before that it went from $340 to $374 ~ as $34 swing!

2008/04/29 358.11 374.87 357.02 373.81 4,436,244 373.81
2008/04/28 365.24 365.36 357.24 360.36 3,792,789 360.36
2008/04/25 358.06 367.06 352.48 363.69 9,625,309 363.69
2008/04/24 353.00 353.77 340.00 342.00 4,673,941 342.00



This company has been beaten down more from BAD press and the market then from it's business.

I found some chinese articles saying BAIDU has gained market share in China the last few months, which goes against what the fooking know-it-alls who are saying about GOOGLE's presence in China is hurting Baidu.

Take a look at SOHU's ER's, Smashing... I am thinkin BAIDU does the same, but not betting the house on it... just the car.. :)