BIDU is headed to $1,000!!!
BIDU closed @ 204
Here's the deal. Within the next two years there will
be more internet users in china than in the USA. BIDU
owns almost 60% of the market while GOOG owns 25% of
Chinese users. Assuming that pace keeps up, i give
BIDU as least 20% (and that is being conservative) the
valuation of GOOG. GOOG is now 160 billion market cap,
while BIDU is 7 billion market cap. 20% of 160 billion
= 32 billion. To get to 32 billion market cap, BIDU
would need to get to 5 times bigger than it is now.
$200 * 5 = $1,000!!!!!!!
If it ever corrects to $180, back up 3 trucks!
Here's the deal. Within the next two years there will
be more internet users in china than in the USA. BIDU
owns almost 60% of the market while GOOG owns 25% of
Chinese users. Assuming that pace keeps up, i give
BIDU as least 20% (and that is being conservative) the
valuation of GOOG. GOOG is now 160 billion market cap,
while BIDU is 7 billion market cap. 20% of 160 billion
= 32 billion. To get to 32 billion market cap, BIDU
would need to get to 5 times bigger than it is now.
$200 * 5 = $1,000!!!!!!!
If it ever corrects to $180, back up 3 trucks!
posted by beanie11111 | 1:31 AM
62 Comments:
Thank you so much for you recommendations. I've had success like never before since following you!!!!
Sammy
Beanie,
You're making a big mistake recommending to buy NVDA puts and hold them through the earnings. Apparently you know nothing about their business. The quarter will be blowout as you can't even imagine. I would rather buy Aug 50 calls
Beanie,
You're making a big mistake recommending to buy NVDA puts and hold them through the earnings. Apparently you know nothing about their business. The quarter will be blowout as you can't even imagine. I would rather buy Aug 50 calls.
http://internetvideomag.com/News/News2007/072807_Peddie_nVidia.htm
MSTR, im looking for support at 0.61 fib = 68, and short sell at 93, might see 133 again, in next century. Bangalore tech stocks are in a bear market. GS and BSC eps 07/08 keep getting lowered, weekly, so they will never reach their last highs either...so they are OWNED by the BEARS, TILL 2010 and beyond...INTC 07/08 eps got nothing in the tank...
and finally i see IWM has good support at 0.50 fib = I LIKE 75.6 = I USED 66 UP TO 85.2 THEN FIB CALC = 0.50=75.6
and finally i see IWM has good support at 0.50 fib = I LIKE 75.6 = I USED 66 UP TO 85.2 THEN FIB CALC = 0.50=75.6
and i think your IWM chart ( tim Knight) is perfect, for what it will do in the next three months lower highs, lower lows
zee
beannie , better change comment settings to the next highest,but not that self monitoring stuff,thats too high,
zee
GS industrial espionage division, or some such
beannie i like your analysis of BIDU...i’m waiting for a probable 5 to 1 stock split announcement...its possible , because NTES , did it a few months back...
zee
for that matter GOOG might announce a 3.141592653589793... to 1 stock split,
just idle speculation on my part
zee
You doubt that BIDU will get to $1000?
Remember that Beanie was the first one to call AAPL a $200 price target and finally some firm upgraded to $200 just recently!!!!
Beannie you mis- understood me...bidu splits 5 to 1 stock will go for 50 or so after split, only to climb back to 200 = 1000....bidu = 1000 without the split....google will never get a foot hold in china...the next thing to analyze will be how much will china be spending on advertising as a percentage of GDP?
DRS,ERJ,GT,JOYG, all at their 200 day, looks like good support... MORE XLI stocks...XLI = accounts for 33% of GDP, id have to include Solar stocks into the XLI, too, because they are moving on an industrial scale...
Beanie,
Thank U for nipping that drama in the bud. What's up for Monday for the average trader? BIDU ,wow can't. Pamfla
beanie,
do you still like csun at this level? looks like it's near it's at its support line right now.
thanks
beanie got any shots at BIDU options??
elmyko1
I know some of you are scared sh%tless about the market tanking but all will end well. You'll see. Just don't get on that margin orgy, ok?
the worst we can see on the SPY is 144.84. i don't think we'll see it
after stupidly going more short than long for the entire march to mid-july rally (trying to fade momo stocks), i'm ready to decrease my shorts to less than 25%.
Beanie's Ridiculous Trend Theory (Aka Gurus Contrarian
Trend Theory) strikes again?
Get on board!! The bottom is really in!!!!
The last time we had this kinda of drop and Cramer
says
he hopes the market sells off on Monday morning. It
never materialized and proceeded to fly, leaving the
bottom behind. Deja right here right now, as he hopes
we selloff on Monday morning and the futures are
flyin!
I know it sounds ridiculous as hell but i see too many
times enough that i gotta go with this call: THE
BOTTOM IS IN!!!!!!!!!!!!!!!!!!!!!!!!! Beanie's
Ridiculous Trend Theory once again at work. Will it
ever fail? We'll just have to see.
Market gonna fly again, atleast until we see some real companies go bust, just a theory, we shal see! Top of the morning to yall
Good Morning, Beanie and Company;
I'll be home today hopefully to buy the dips. My AAPL and SPWR are doing well and BRLC is going up again.
Good luck for today's trading!!
Anyone playing Jones Soda for earnings? It's still in the 14's...
Beannie, what do you think?
Beanie,
I was curious as to if you still follow XNN's rollout of Supervision. It would seem that the rollout has hit some bumps. A long time ago you mentioned $2 was the time to back up the truck. Do you still think the company will deliver higher pps in the long term?
IBKR is now an absolute buy!
AAPL getting reamed? Whats going on there?
Selling AAPL to buy VZ???
Markets finding very difficult to hold up.
Okay Dow Theory hounds... 'splain to me why, in a down market, we have Transport King UPS with increasing relative strength instead of plunging?
Also, why is UPS up $1.20 today??
I'm happy, but baffled.
My answer: I think the Dow theory is a bunch of BS.
It has been proved to be completely wrong as of late.
Why the anxiety Dow? Come to 12900 and be done with.
WOW! Never seen Dow futures move almost 20 points in one tick.
Volatility rules!!!
flight delayed, when it rains it pours I guess...
red again today at this point have officially made the round trip of best month in years to flat.
why in the world do I do this for a living? I like the analysis part, I've never really loved trading...and times like these I loathe it.
well they might as well go ahead and put me in the red here last 1 1/2 days of the month, that would be fitting at this point. hopefully the plane crashes...if not, I'll check in later.
Watch how a bottom is made. This is the stuff of legends.
Is Adami Salami still keeping this NVDA up?
SHLD:
this stock is too oversold and has bottomed.
i bought SHLD around noon
any thought on lvlt, nyx, jsda?
beanie,
Is it time to load up on FSLR, SPWR, STP, JASO and YGE?
or whats your BUY NOW list?
Solar stocks are back in action!!!
FSLR announces earnings tomorrow.
SPWR flyin.
FSLR flyin.
YGE flyin.
TSL flyin.
anon,
yes it is time to load up on solars!
Although you should have bought on the dips we had the last few days.
It's ok though, if you got a 4 year horizon, you will very likely to be richly rewarded beyond your wildest dreams.
SPWR:
this stock seems like it really wants to take out a previous high of 73 and head for 100.
I hope Bill's plane will be ok. I wouldn't want it going down while the market goes bazooka on the upside.
That would be too sadly funny. lol
I want you in FSLR and SPWR!
FSLR/SPWR:
i believe you should own these first as investments before buying any other solar stocks.
They are the best of breed in the USA.
NYX should be going higher
NVDA:
i'm startin to get the strange feeling i may be wrong about this stock.
I'll see how it play out the next few days. Might have to add the calls.
NYX:
earnings is this week. If you got the balls and the money, buy some Aug. 80 calls @ 2.20 or less.
NYX:
if it goes higher the next two days before the earnings, take the profit and run
MA is running hot and heavy and earnings is this week.
Beanie, would you buy MA going into earnings on Wed.?
This comment has been removed by the author.
JULY 29 SUN
Better buy ESI ahead of those blowout employment numbers on FRI...aug 100 call or aug 105 call...105 call at 3.30 looks good... TESTED 103 THREE TIMES..eps trend on fire...up 10%+++ past three months
CLF eps trend on fire...buying aug 70 call 3.70 sell for 2 bags....7.00 or higher
zee
arun,
yes i would go long on MA. If playin options i would buy the sept 160-165 calls
Beanie,
What's your take on UA (Under Armour)right here? Earnings tomorrow .. I see their products a lot in the gym.
I thinkk XLE pulls back a little tomorrow , because crude is already going down today, and ahead of the oil supply report crude oil usually tanks, so XLE put, one day only aug 69p..at 1.65, see what happens..
YGE!
what are you guys waitin for? An invitation?
NYX has to hit $85 for me to take any profits...
Hey Beanie, you holding FSLR thru earnings tomorrow? Very tempting to sell into this run up...
joewre,
if you're hesitant, just sell 1/2 of FSLR before the market closes tomorrow.
Tomorrow another up day? Stocks feel strong today, I especially liked the close of MA end of day. AAPL a bit disappointing... should recover by end of the week to upper 140s
Cheers!
Here's to hoping Bill didn't seriously hurt himself in any way by way of self mutilation or accidental plane crashes.
Good luck.
I think the market slams higher tomorrow.
Nice green close. Really nice after last week.
Where are you headed, Bill? Your plane crash comment kind of spooked me!
I was out most of the day myself and only came back to see the close.
Sue
Shld -- needs to consolidate a little , going to go past 200 before the end of the year, cup handle thingy .
JakeGint said...
Okay Dow Theory hounds... 'splain to me why, in a down market, we have Transport King UPS with increasing relative strength instead of plunging?
Also, why is UPS up $1.20 today??
Gas going down ---- They always go up
Bennieeee - How are you figuring on the nvda trade? - I hate the run up but they droped with the market, then bounced today. Just trying to get into your head
Man nice to see a board of real traders
Right after i've been putting a price target of $1,000 on BIDU, someone else puts a high target of $1,500 . Interesting stuff. http://www.thestreet.com/_yahoo/newsanalysis/itmanagement/10370849.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA
agatto,
I have a feeling i am wrong about the NVDA short. I won't worry about this yet until later this week or beginning of next week. Let's see how the market does this week. I got the feeling i may end up going long or straddling/strangling NVDA.
I got several earnings plays right now that i am focusing on. I might keep thru earnings (or may not): FSLR, MA, NYX. Don't know what i'm gonna do with them just yet. We'll see what happens with the market tomorrow.
This is how i came up with $1000 price target for BIDU:
The only gamble you have to make is whether BIDU the
company will become 1/5 the size of what GOOG is now.
GOOG makes most of its money from the US, where more
people have internet access than the rest of the world,
while China comes in second. Within 2 years, China
will surpass the US in internet users. The only caveat
is whether BIDU will continue to own about 60% of the
market share in China, where GOOG now has 23% of the
market share. BIDU is also expanding into other asian
countries where a new battlefield is drawn. They won't
get any homecourt advantage in Japan, for instance, but
it'll be interesting to see how the battle will be
fought over there between GOOG and BIDU.
BIDU is no sissyboy flybynight outfit; they got over
3000 employees compared to GOOG's 11,000. What about
Microsoft and Yahoo as threats? They might as well
pack up and leave search altogether, and sell their
search engine on Ebay.
I'm no visionary, nor astrologer, but i believe BIDU
can reach 35 billion market cap as a company. It now
sits at 7 billion. So that's how i come up with a
target of $1,000. China is so huge and the chinese are
so many i can't say for sure how long it takes to get
to that price target. The growth multiple that the
market places on these fast growing companies are also
dependent on whether the bulls keep on chugging along
or whether we enter into a multi year bear market.
Being that it is the number 1 search engine in china,
and search is big yet they barely scratched the surface
of what search can become, it's not inconceivable for
BIDU to eventually be a 35 billion dollar company. I
mean, c'mon, don't you think china deserves to have a
tech company the size of EBAY (44 billion market cap)
or twice the size of Nvidia (16 billion market cap)?
Is it really that hard to imagine????
SEARCH has to be monopolistic by nature. ( SEE MSFT monopoly i.e.)..The Chinese certainly aren't going to let the Americans control their Search, that's all i have to say about that.
in the meantime
THESE ARE ALL GOING TO TAKE OFF ON AUG 1ST...because the ISM report is coming in at 56.0+++ that is such a blowout number, it cannot be ignored...
AUG 2 TRUCK SALES, BLOW OUT NUMBERS,
AUG 3, FRI EMPLOYMENT 132K, ANOTHER BLOW OUT NUMBER....
THEN NEXT MONDAY MERGER MONDAY...LOOK FOR FOUR UP DAYS IN A ROW,
STARTING AUG 1...WED...
TOMORROW IF ANY OF THESE DIP YOU MUST BUY THEM GOING INTO AUG 1,
ETR,FDX,MLM,CRS,OSG,RTI,SI,VLO,MHK,UTH,
WHR,CLF,ESI,VMC,MLM,AMR,BNI,
IYR STOCKS,RTH,CCJ,KALU,...100'S MORE...
I KNOW I WILL BE BUYING THEM...AND I WAS TOO CONSERVATIVE ON JCI AND DE, THEY ALREADY TOOK OFF, SO I SEE ANY DIP ON THE 31ST AND IM IN...
ZEE..
OH AND I ALMOST FORGOT, XBD STOCKS, GS,BSC,JPM,MS,LM,LEH,ETC..THEY DIPPED IN AFTER HOURS, SO THEY ARE ALREADY SETTING UP for four day rally..
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