OT Sonetirot - Cramer thinks you're on to something good. One of his 4 Horsemen of China.
BIDU
BAIDU.COM
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Pro: Essex Investment Management
Pro: Oberweis Asset Management
Pro: Pequot Capital Managment
Michaelid : dov's techs
ele : ele Portfolio 1
Price : 385.95
Change : 0.00
% Change (for day) : 0.00%
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TheStreet.com Rating: C-
What is this?
What amazed me, oddly, was that any of the critics really thought I believed that Baidu "deserved" to be at $500. I could care less what Baidu's worth. I care about what it could trade to. I couldn't care less if it is "overvalued." Of course it is overvalued. It was overvalued at $100, $200 and now $300. Oh, and stop trading, it will be overvalued at $400.