Bottom out soon...?
At the current price around $45, I think it's pretty much bottomed out. If not, I don't think it's gonna dip below $40.
Everything about Baidu so far's been positive except for the valuation. Of course now with the price so low, I don't think it's going to be an issue.
I think the 4th Q, 2005 earnings will exceed expectation. Which would boost the price quite a bit with Google's earnings being somewhat disappointing.
I just wish I had more money to buy Baidu's shares to bring my average cost down. I guess I'm in it for the long haul now!