The Qunar.com (QUNR) IPO is coming soon and while an actual date hasn't been announced yet, the company filed for an IPO yesterday. Qunar.com is partially owned by Baidu.com (BIDU) and will open for trading under the ticker symbol "QUNR." Qunar.com (QUNR) stock could be the hottest IPO in 2013 if everything goes as planned. We haven't seen a hot Chinese IPO for awhile so it will be interesting to see how the stock market receives this new issue. Qunar (QUNR) hopes to raise $125 million in the offering but will likely raise more due to strong demand.
Underwriters - Goldman Sachs, Stifel, Deutsche Bank
Qunar.com is a website that lets consumers compare travel and hotel information.
Other Hot IPO's
PBIB - http://daytradingstockblog.blogspot.com/2013/09/potbelly-pbpb-ipo-to-open-in-october.html
RMAX - http://daytradingstockblog.blogspot.com/2013/09/remax-rmax-ipo-to-open-in-october-2013.html
IPO's next week - http://www.blackberrystocks.com/ipos2013.html
If you are trade stocks and/or IPO's, join our stock picks group for more alerts - http://www.stockstobuy.org/group/stock-picks
Showing posts with label bidu - baidu. Show all posts
Showing posts with label bidu - baidu. Show all posts
Tuesday, October 1, 2013
Friday, October 28, 2011
Baidu (BIDU) Earnings Strong - Stock Up 8%
Baidu Inc. (BIDU) reported earnings last night which were very solid along with strong guidance for the 4th quarter of 2011. BIDU stock is higher by 7.5% in pre market to $148.57.
Third Quarter 2011 Highlights
Total revenues in the third quarter of 2011 were RMB4.175 billion ($654.7 million), an 85.1% increase from the corresponding period in 2010.
Operating profit in the third quarter of 2011 was RMB2.226 billion ($349.1 million), an 88.5% increase from the corresponding period in 2010.
Net income attributable to Baidu in the third quarter of 2011 was RMB1.882 billion ($295.0 million), a 79.8% increase from the corresponding period in 2010. Diluted earnings attributable to Baidu per ADS(2) (EPADS) for the third quarter of 2011 were RMB5.38 ($0.84); diluted earnings attributable to Baidu per ADS excluding share-based compensation expenses (non-GAAP) for the third quarter of 2011 were RMB5.49 ($0.86).
Baidu reported total revenues of RMB4.175 billion ($654.7 million) for the third quarter of 2011, representing an 85.1% increase from the corresponding period in 2010.
Online marketing revenues for the third quarter of 2011 were RMB4.174 billion ($654.4 million), representing an 85.1% increase from the corresponding period in 2010. Baidu had approximately 304,000 active online marketing customers in the third quarter of 2011, representing an 11.8% increase from the corresponding period in 2010 and a 2.0% increase from the previous quarter. Revenue per online marketing customer for the third quarter was approximately RMB13,700 ($2,148), a 65.1% increase from the corresponding period in 2010 and a 19.1% increase from the previous quarter.
Third Quarter 2011 Highlights
Total revenues in the third quarter of 2011 were RMB4.175 billion ($654.7 million), an 85.1% increase from the corresponding period in 2010.
Operating profit in the third quarter of 2011 was RMB2.226 billion ($349.1 million), an 88.5% increase from the corresponding period in 2010.
Net income attributable to Baidu in the third quarter of 2011 was RMB1.882 billion ($295.0 million), a 79.8% increase from the corresponding period in 2010. Diluted earnings attributable to Baidu per ADS(2) (EPADS) for the third quarter of 2011 were RMB5.38 ($0.84); diluted earnings attributable to Baidu per ADS excluding share-based compensation expenses (non-GAAP) for the third quarter of 2011 were RMB5.49 ($0.86).
Baidu reported total revenues of RMB4.175 billion ($654.7 million) for the third quarter of 2011, representing an 85.1% increase from the corresponding period in 2010.
Online marketing revenues for the third quarter of 2011 were RMB4.174 billion ($654.4 million), representing an 85.1% increase from the corresponding period in 2010. Baidu had approximately 304,000 active online marketing customers in the third quarter of 2011, representing an 11.8% increase from the corresponding period in 2010 and a 2.0% increase from the previous quarter. Revenue per online marketing customer for the third quarter was approximately RMB13,700 ($2,148), a 65.1% increase from the corresponding period in 2010 and a 19.1% increase from the previous quarter.
Thursday, August 18, 2011
Baidu.com, Inc. (BIDU) Stock Analysis 2011
Shares of Baidu.com, Inc. (BIDU) have been under pressure after CCTV in china reported that the Government may not be happy with the company. As far as the stock goes, BIDU shed another 6.66% today. Below is a a look at technical support and resistance levels.
Baidu.com, Inc. (BIDU) is crashing back to It's 200 day moving average once again which must hold. Baidu.com, Inc. (BIDU) has not closed below the 200 day moving average in over a year so expect major selling pressure if this level fails. On the upside, BIDU resistance around $140-$141. Downside support will be located at $126 as well as $114.
Tuesday, April 12, 2011
Baidu, Inc. (BIDU) & Netflix Inc. (NFLX)
By Tim - http://stockstobuy.org
BIDU - Sell
Below we will be discussing two stocks with potential trades. Baidu, Inc. (BIDU) & Netflix Inc. (NFLX). Both NFLX and BIDU could see some upside this week.
Baidu, Inc. (BIDU) - Baidu, Inc. (BIDU) is down another $4 today as the stock market falls. Baidu, Inc. (BIDU) was in the news yesterday after the company entered into a deal with Facebook on a social networking website in China. BIDU is a buy below $120 if we see a pullback.
Netflix Inc. (NFLX) - Netflix Inc. (NFLX) fell below $225 on Tuesday which caused the shorts to cover. NFLX has resistance at $236 & $240. If NFLX breaks up through $240 again, the bulls will come back. Netflix continues to be a great short below the 10 day moving average with a tight stop.
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NFLX - Neutral
DANG - Buy, above $21
DANG - Buy, above $21
Monday, April 11, 2011
Baidu.com, Inc (BIDU) & Facebook
By Tim - http://stockstobuy.org
Shares of Baidu.com, Inc (BIDU) hit a 52 week high near $149 this morning but been down 5 straight points. Baidu.com, Inc (BIDU) is rallying due to a deal with Facebook to create a social networking website in China. BIDU stock has been soaring through the roof over the past year on better than expected earnings but It's P/E ratio is now 93. BIDU is very expensive but you are paying for future growth. I wouldn't touch BIDU up here but would consider shorting the stock if it goes higher.
Shares of Baidu.com, Inc (BIDU) hit a 52 week high near $149 this morning but been down 5 straight points. Baidu.com, Inc (BIDU) is rallying due to a deal with Facebook to create a social networking website in China. BIDU stock has been soaring through the roof over the past year on better than expected earnings but It's P/E ratio is now 93. BIDU is very expensive but you are paying for future growth. I wouldn't touch BIDU up here but would consider shorting the stock if it goes higher.
Thursday, March 31, 2011
Stock Movers: ORCL, RIMM, POT, AMZN, BIDU, WFC, REE
By Tim - http://stockstobuy.org/
Check the Top Stocks Gainers in 2011, year to date.
Check the Top Stocks Gainers in 2011, year to date.
Below we take a look at - ORCL, RIMM, POT, BIDU, WFC, REE, AMZN
Oracle Corp. (ORCL) - Oracle Corp. (ORCL) is starting to break to the upside once again. ORCL stock will have resistance on the upside located at $35. Oracle Corp. is hitting on all cylinders after hiring Mark Hurd, the stock is up 50%. HPQ is flat to down slightly since Hurd left.
Potash Corp. of Saskatchewan, Inc. (POT) - Potash Corp. of Saskatchewan, Inc. (POT) is looking strong once again is is making it's way back to $60. POT has support on the downside located at $55. POT is a strong buy on any major correction below $50.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) is dropped back below $56 on Thursday. Research in Motion has support at $55 now. Research in Motion will have resistance on the upside located at $60 as well as $65. RIMM is a strong buy below $55. RIMM will probably be dead money in the short term but if the stock can stay above $55, I think it will attract some new buyers
Amazon.com Inc. (AMZN) - Amazon.com Inc. (AMZN) is testing $180 today which is very bullish. AMZN was a strong buy near $160 and is now going to retest the 52 week high.
Baidu Inc. (BIDU) - Baidu Inc. (BIDU) continues to break out and hit a new 52 week high. Baidu Inc. (BIDU) might not stop this rally until it hits $150. BIDU is now a strong buy below $115 if we ever see a correction.
Wells Fargo & Company (WFC) - Wells Fargo & Company (WFC) stock is now trading back near $32. WFC stock is a buy on a drop below $30.
Rare Element Resources Ltd. (REE ) - Rare Element Resources Ltd. (REE) is now pulling back to $13. REE is a second tier rare earth metal play but should continue to fly as long as MCP does. REE is a buy below $10.
Stock Movers: POT, AMZN, RIMM, BIDU, WFC, REE
By Tim - http://stockstobuy.org/
Check the Top Stocks Gainers in 2011, year to date.
Check the Top Stocks Gainers in 2011, year to date.
Below we take a look at - RIMM, POT, BIDU, WFC, REE, AMZN
Potash Corp. of Saskatchewan, Inc. (POT) - Potash Corp. of Saskatchewan, Inc. (POT) is looking strong once again is is making it's way back to $60. POT has support on the downside located at $55. POT is a strong buy on any major correction below $50.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) continues to hold $55 and is back near $57. Research in Motion has support at $55 now. Research in Motion will have resistance on the upside located at $60 as well as $65. RIMM is a strong buy below $55. RIMM will probably be dead money in the short term but if the stock can stay above $55, I think it will attract some new buyers
Amazon.com Inc. (AMZN) - Amazon.com Inc. (AMZN) is testing $180 today which is very bullish. AMZN was a strong buy near $160 and is now going to retest the 52 week high.
Baidu Inc. (BIDU) - Baidu Inc. (BIDU) continues to break out and hit a new 52 week high. Baidu Inc. (BIDU) might not stop this rally until it hits $150. BIDU is now a strong buy below $115 if we ever see a correction.
Wells Fargo & Company (WFC) - Wells Fargo & Company (WFC) stock is now trading back near $32. WFC stock is a buy on a drop below $30.
Rare Element Resources Ltd. (REE ) - Rare Element Resources Ltd. (REE) hit $13.80 on Wednesday and then pulled back. REE is a second tier rare earth metal play but should continue to fly as long as MCP does. REE is a buy below $10.
Wednesday, March 30, 2011
Stock Movers: AMZN, RIMM, BIDU, LVS, WFC, REE
By Tim - http://stockstobuy.org/
Check the Top Stocks Gainers in 2011, year to date.
Check the Top Stocks Gainers in 2011, year to date.
Below we take a look at - RIMM, LVS, BIDU, WFC, REE, AMZN
Las Vegas Sands Corp. (LVS) - Las Vegas Sands Corp. (LVS) is jumping back near $44. Las Vegas Sands Corp. (LVS) continues to be a buy below $40.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) continues to hold $55 and is back into the $57's. Research in Motion has support at $55 now. Research in Motion will have resistance on the upside located at $60 as well as $65. RIMM is a strong buy below $55. RIMM will probably be dead money in the short term but if the stock can stay above $55, I think it will attract some new buyers
Amazon.com Inc. (AMZN) - Amazon.com Inc. (AMZN) is testing $180 today which is very bullish. AMZN was a strong buy near $160 and is now going to retest the 52 week high.
Las Vegas Sands Corp. (LVS) - Las Vegas Sands Corp. (LVS) is jumping back near $44. Las Vegas Sands Corp. (LVS) continues to be a buy below $40.
Baidu Inc. (BIDU) - Baidu Inc. (BIDU) continues to break out and hit a new 52 week high. Baidu Inc. (BIDU) might not stop this rally until it hits $150. BIDU is now a strong buy below $115 if we ever see a correction.
Wells Fargo & Company (WFC) - Wells Fargo & Company (WFC) stock is now trading back near $32. WFC stock is a buy on a drop below $30.
Rare Element Resources Ltd. (REE ) - Rare Element Resources Ltd. (REE) hit $13.80 on Wednesday and then pulled back. REE is a second tier rare earth metal play but should continue to fly as long as MCP does. REE is a buy below $10.
Stock Movers: BIDU, RIMM, LVS, AA, WFC, REE
By Tim - http://stockstobuy.org/
Check the Top Stocks Gainers in 2011, year to date.
Check the Top Stocks Gainers in 2011, year to date.
Below we take a look at - RIMM, LVS, BIDU, AA, WFC, REE
Las Vegas Sands Corp. (LVS) - Las Vegas Sands Corp. (LVS) rallied Tuesday after the stock market rallied. Las Vegas Sands Corp. (LVS) continues to be a buy below $40.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) dropped hard after earnings but rebounded today off the lows. Research in Motion has support at $55 now. Research in Motion will have resistance on the upside located at $60 as well as $65. RIMM is a strong buy below $55. RIMM will probably be dead money in the short term but if the stock can stay above $55, I think it will attract some new buyers
Las Vegas Sands Corp. (LVS) - Las Vegas Sands Corp. (LVS) rallied Tuesday after the stock market rallied. Las Vegas Sands Corp. (LVS) continues to be a buy below $40.
Baidu Inc. (BIDU) - Baidu Inc. (BIDU) continues to break out and hit new 52 week highs. Baidu Inc. (BIDU) might not stop this rally until it hits $150. BIDU is now a strong buy below $115 if we ever see a correction.
Alcoa Inc. (AA) - Aloca Inc. (NYSE:AA) is coming close to a new 52 week high today. AA has major resistance on the upside at $17.68. AA is a buy below $16.
Wells Fargo & Company (WFC) - Wells Fargo & Company (WFC) stock is now trading back near $32. WFC stock is a buy on a drop below $30.
Rare Element Resources Ltd. (REE ) - Rare Element Resources Ltd. (REE) rallied hard with AVL & MCP today. REE is a second tier rare earth metal play but should continue to fly as long as MCP does. REE is a buy below $10.
Tuesday, March 29, 2011
Stock Movers: RIMM, LVS, BIDU, AA, WFC, REE
By Tim - http://stockstobuy.org/
Check the Top Stocks Gainers in 2011, year to date.
Check the Top Stocks Gainers in 2011, year to date.
Below we take a look at - RIMM, LVS, BIDU, AA, WFC, REE
Las Vegas Sands Corp. (LVS) - Las Vegas Sands Corp. (LVS) rallied Tuesday after the stock market rallied. Las Vegas Sands Corp. (LVS) continues to be a buy below $40.
Research in Motion Ltd (RIMM) - Research in Motion Ltd (RIMM) dropped hard after earnings but rebounded today off the lows. Research in Motion has support at $55 now. Research in Motion will have resistance on the upside located at $60 as well as $65. RIMM is a strong buy below $55. RIMM will probably be dead money in the short term but if the stock can stay above $55, I think it will attract some new buyers
Las Vegas Sands Corp. (LVS) - Las Vegas Sands Corp. (LVS) rallied Tuesday after the stock market rallied. Las Vegas Sands Corp. (LVS) continues to be a buy below $40.
Baidu Inc. (BIDU) - Baidu Inc. (BIDU) continues to break out and hit new 52 week highs. Baidu Inc. (BIDU) might not stop this rally until it hits $150. BIDU is now a strong buy below $115 if we ever see a correction.
Alcoa Inc. (AA) - Aloca Inc. (NYSE:AA) is coming close to a new 52 week high today. AA has major resistance on the upside at $17.68. AA is a buy below $16.
Wells Fargo & Company (WFC) - Wells Fargo & Company (WFC) stock is now trading back near $32. WFC stock is a buy on a drop below $30.
Rare Element Resources Ltd. (REE ) - Rare Element Resources Ltd. (REE) rallied hard with AVL & MCP today. REE is a second tier rare earth metal play but should continue to fly as long as MCP does. REE is a buy below $10.
Wednesday, February 2, 2011
Baidu, Inc. (BIDU) Stock Analysis - 2/2/11
By Tim - http://stockstobuy.org
The following is technical analysis on Baidu, Inc. (BIDU) stock for February 2, 2011
Baidu, Inc. (BIDU) Support & Resistance Levels - 2/2/11
Resistance Levels: $120, $125
Support Levels: $115
http://stockcharts.com - Chart
Baidu, Inc. (BIDU) had a great day on Tuesday and appears as though the stock will test $120 today. Baidu, Inc. (BIDU) stock is currently trading at $119.11 per share. Baidu, Inc. (BIDU) will now have resistance between $120-$125. BIDU stock will need to hold $115 on a closing basis or we could see a correction back below $110. Baidu continues to be a strong buy below $100 if we see a correction in 2011.
Baidu, Inc. (BIDU) Support & Resistance Levels - 2/2/11
Resistance Levels: $120, $125
Support Levels: $115
http://stockcharts.com - Chart
Baidu, Inc. (BIDU) had a great day on Tuesday and appears as though the stock will test $120 today. Baidu, Inc. (BIDU) stock is currently trading at $119.11 per share. Baidu, Inc. (BIDU) will now have resistance between $120-$125. BIDU stock will need to hold $115 on a closing basis or we could see a correction back below $110. Baidu continues to be a strong buy below $100 if we see a correction in 2011.
For more Technical Analysis - Go Here
Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011
Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
Tuesday, February 1, 2011
Baidu, Inc. (BIDU) Stock Analysis 2011
By Tim - http://stockstobuy.org
The following is technical analysis on Baidu, Inc. (BIDU) stock for February 1, 2011
Baidu, Inc. (BIDU) Support & Resistance Levels - 2/1/11
Resistance Levels: $120, $125
Support Levels: $115
http://stockcharts.com - Chart
Baidu, Inc. (BIDU) is ripping higher in pre market this morning after the company issued excellent guidance for 2011. Baidu, Inc. (BIDU) stock is up 8% this morning to $117.50. Baidu, Inc. (BIDU) will now have resistance between $120-$125. BIDU stock will need to hold $115 on a closing basis or we could see a correction back below $110. Baidu continues to be a strong buy below $100 if we see a correction in 2011.
Baidu, Inc. (BIDU) Support & Resistance Levels - 2/1/11
Resistance Levels: $120, $125
Support Levels: $115
http://stockcharts.com - Chart
Baidu, Inc. (BIDU) is ripping higher in pre market this morning after the company issued excellent guidance for 2011. Baidu, Inc. (BIDU) stock is up 8% this morning to $117.50. Baidu, Inc. (BIDU) will now have resistance between $120-$125. BIDU stock will need to hold $115 on a closing basis or we could see a correction back below $110. Baidu continues to be a strong buy below $100 if we see a correction in 2011.
For more Technical Analysis - Go Here
Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011
Today's Biggest Stock Gainers - Top 2011 Stock Gainers - Top 2011 Penny Stock Gainers - Top 2010 Stock Gainers - Top 2010 Penny Stocks - Stocks for 2011
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/
Tuesday, August 18, 2009
CHK BIDU FSLR Analysis August 19 2009
I updated the following technical anlaysis stock charts at http://blackberrystocks.com/charts.html
Technical Analysis Updates: August 19, 2009
Chesapeake Energy Corporation (CHK) - Click Here
Baidu.com, Inc. (NASDAQ:BIDU) - Click Here
First Solar, Inc. (FSLR) - Click Here
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Technical Analysis Updates: August 19, 2009
Chesapeake Energy Corporation (CHK) - Click Here
Baidu.com, Inc. (NASDAQ:BIDU) - Click Here
First Solar, Inc. (FSLR) - Click Here
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Tuesday, July 21, 2009
CHK BIDU GOOG Analysis July 21 2009
I updated the following technical anlaysis stock charts at http://blackberrystocks.com/charts.html
Technical Analysis Updates: July 21, 2009
Chesapeake Energy Corporation (CHK) - Click Here
Baidu.com, Inc. (NASDAQ:BIDU) - Click Here
Google Inc. (GOOG) - Click Here
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Technical Analysis Updates: July 21, 2009
Chesapeake Energy Corporation (CHK) - Click Here
Baidu.com, Inc. (NASDAQ:BIDU) - Click Here
Google Inc. (GOOG) - Click Here
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Tuesday, July 7, 2009
BIDU - FSLR - Technical Analysis July 7 2009
The following is a list of technical analysis stock charts which I updated on my website www.blackberrystocks.com/charts.html
Baidu.com, Inc. (NASDAQ:BIDU)
First Solar (FSLR)
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stock Forum
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Baidu.com, Inc. (NASDAQ:BIDU)
First Solar (FSLR)
Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Stock Forum
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Tuesday, March 17, 2009
FSLR RIMM USO Analysis 3/17/09 - March 17, 2009
I updated the following technical anlaysis stock charts at http://blackberrystocks.com/charts.html
Technical Analysis Updates: March 17, 2009
Research in Motion - RIMM
First Solar - FSLR
Baidu.com - BIDU
Chesapeake Energy - CHK
Citigroup - C
Google - GOOG
United States Oil Fund - USO
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
Technical Analysis Updates: March 17, 2009
Research in Motion - RIMM
First Solar - FSLR
Baidu.com - BIDU
Chesapeake Energy - CHK
Citigroup - C
Google - GOOG
United States Oil Fund - USO
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Wednesday, March 11, 2009
CHK BIDU GOOG Analysis 3/11/09 - March 11, 2009
I updated the following technical anlaysis stock charts at http://blackberrystocks.com/charts.html
Technical Analysis Updates: March 11, 2009
Chesapeake Energy - CHK
Google - GOOG
Baidu - BIDU
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Technical Analysis Updates: March 11, 2009
Chesapeake Energy - CHK
Google - GOOG
Baidu - BIDU
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Monday, February 23, 2009
RIMM FSLR BIDU Analysis 2/23/09 - February 23, 2009
I updated the following technical anlaysis stock charts at http://blackberrystocks.com/charts.html
Technical Analysis Updates: February 23, 2009
Research in Motion - RIMM
Baidu.com - BIDU
First Solar - FSLR
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Technical Analysis Updates: February 23, 2009
Research in Motion - RIMM
Baidu.com - BIDU
First Solar - FSLR
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Thursday, December 11, 2008
Stock Alerts - Biggest Gainers 12/11/08 CPE
This morning, 12/11/08, there are several big gainers in pre market trading as we get set for the open.
Stocks to Watch - December 11, 2008
Callon Petroleum (CPE) is up over 30% in pre market on no news really. This stock was badly beaten down over the past few months and is getting a bounce today.
Baidu.com ( BIDU ) is moving higher today as the company is coming out and lowering revenue guidance by 20 million but clarity is sending shares higher by 6% in pre market. This stock has also been crushed over the past several months and never really bounced.
Today's Biggest Gainers - December 11th, 2008
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Stocks to Watch - December 11, 2008
Callon Petroleum (CPE) is up over 30% in pre market on no news really. This stock was badly beaten down over the past few months and is getting a bounce today.
Baidu.com ( BIDU ) is moving higher today as the company is coming out and lowering revenue guidance by 20 million but clarity is sending shares higher by 6% in pre market. This stock has also been crushed over the past several months and never really bounced.
Today's Biggest Gainers - December 11th, 2008
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Friday, November 28, 2008
Dow Jones Open 11/28/08 - Stock Market
Today, 11/28/08, the Dow Jones and Stock Market's are opening up flat to down as investors appear to be taking profits after a nice last 4 trading sessions of gains. Keep in mind, this is a light volume trading session as most traders are not in the office today. The stock markets close at 1pm est. There doesn't appear to be much action but some of the biggest gainers include General Motors ( GM ), Ford ( F ), Citigroup ( C ), Fannie Mae ( FNM ) , and Freddie Mack ( FRE ). Chesapeake ( CHK ) seems to have stopped dropping just under $16 but I won't be trying to catch this falling knife. There are much better buys out there like Devon ( DVN ) and Anadarko ( APC ) if I want to get involved with the drillers. Baidu.com ( BIDU ) is also weak today, It has support at around $131 for a trade.
Dow Jones Open - 8729 Up 2
Nasdaq Open - 1518 Down 14
S&P 500 - 885 Down 2
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Dow Jones Open - 8729 Up 2
Nasdaq Open - 1518 Down 14
S&P 500 - 885 Down 2
For the latest updates on the stock market, visit, http://daytradingstockblog.blogspot.com/ or Subscribe for Free
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