Good Day of BIDU after Feb OE week (06-02-21 Tuesday)
Due to the US president day (Feb 20,2006 Monday). The US market were closed on Monday.
It opens on Tuesday. Both DOW and NASDAQ are in the down trend. GOOG fluctuatea arounf 365-373 closed at 368.
BIDU is going to release Q4 quarter ER after hour. I saw BIDU stands very well at above 50 from technical point of view. The volumn is up. plus 50 is very attractive price. I remember Pap Jeffery recommend below 50 when it dumps BIDU couple of months ago.
I bought 100 BIDU at 51.50 and 100 BIDU at 51.40. At 17:26PM, BIDU released ER: It looks great:
Fourth Quarter and Fiscal Year 2005 Highlights
* Fourth quarter 2005 total revenues increased to RMB114.9 million ($14.2
million), representing a 29.2% increase from the previous quarter and a
167.7% increase from the corresponding period in 2004.
* Fiscal year 2005 total revenues increased to RMB319.2 million ($39.6
million), representing a 171.8% increase from 2004.
* Fourth quarter 2005 net income increased to RMB24.5 million ($3.0
million), representing a 188.7% increase from the previous quarter and a
285.6% increase from the corresponding period in 2004. Basic and diluted
earnings per share ("EPS") for the fourth quarter 2005 were RMB0.75
($0.09) and RMB0.71 ($0.09), respectively; basic and diluted EPS
excluding share-based compensation expenses (non-GAAP) for the fourth
quarter of 2005 were RMB1.06 ($0.13) and RMB1.01 ($0.13), respectively.
* Fiscal year 2005 net income increased to RMB47.6 million ($5.9 million),
representing a 296.5% increase from 2004. Basic and diluted EPS for 2005
were RMB2.40 ($0.30) and RMB1.49 ($0.18), respectively; basic and
diluted EPS excluding share-based compensation expenses (non-GAAP) for
2005 were RMB4.10 ($0.51) and RMB2.53 ($0.31), respectively.
* The number of active online marketing customers during the fourth
quarter grew to over 63,000, an increase of 18.6% from the previous
quarter.
I sold 100 BIDU at 58.48 at 19:05. What a joke the AH market quote stooped at 18:30PM, How come my order still filled? I sent inquiry Email to IB
Gain today: $1400
Ending balance: $48360.24

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