October 12, 2012 at 18:36 PM EDT
China Search Engine Baidu May Be Headed For A Fall
With the broad market having entered a correction, this is the time to watch for former leaders who now seem poised for a big fall. If you believe in "the bigger they come, the harder they fall," you may want to consider Baidu (BIDU) as a short play. China's dominant search engine has enjoyed one of the great runs in stock-market history. The company went public seven years ago at a split-adjusted 2.70, and peaked 14 months ago at 165.96. Apart
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