BIDU Roundup

Baidu.com Inc (Nasdaq : BIDU) continued on its roll again today. After profit taking yesterday, the stock continued to rise up 4.12 to 122.06 at around midday on Friday. Last night on Jim Cramer’s “Mad Money”, he mentioned how eBay is going to benefit from its partnership from Baidu. I was saying that a month ago when Baidu was trading for 96.10, too bad I didn’t buy any stock then since it has gone up 25.96 in a month!!

Baidu is always an interesting dot com stock that seems to be announcing positive news frequently. Just last week they were announcing that they will be entering the Japanese search market. This should be easier for them as they have experience with the Chinese search market. There are some similarities between the Chinese and Japanese languages which will be easier to understand that it will for companies like Yahoo.

I am not sure how the mindset of the Japanese will react to a move like this. I know that if a Japanese company enters the Chinese market, there will most likely be a negative reaction due to their long history. I don’t have the experience to know if that will work the other direction. I suppose the Japanese could always choose an American search engine…