Baidu (BIDU) Hits Intraday Reversal
Baidu, Inc. (BIDU) – the leading Chinese search engine soared after its recent 10-1 stock split. (What is a stock split?)
Red Flag #1
I thought about getting in (buying BIDU) because I figured others would do the same. They did. I didn’t. Why? BIDU’s stock was going parabolic (short term straight up movement) from 05-11 to 05-12-2010, (see PDF chart). Read More…