BUY Baidu to ride on upcoming strong earnings
$Baidu (BIDU.US)$ earning is expected to release on Wednesday, 17 November. Baidu’s shares had been very undervalued due to a series of events. The main one is the margin call from Bill Hwang from Archegos and subsequently it was indirectly affected by a series of government’s regulation tightening of the technology company to restrict monopoly behaviour.
Snapshot from Earning’s whisperer of $Baidu (BIDU.US)$ earnings
Snapshot from Earning’s whisperer of $Baidu (BIDU.US)$ earnings
![BUY Baidu to ride on upcoming strong earnings](https://ussnsimg.moomoo.com/moo-1636827811-102546872-iPhone-1-org.jpg/bigmoo)
![BUY Baidu to ride on upcoming strong earnings](https://ussnsimg.moomoo.com/moo-1636827812-102546872-iPhone-2-org.jpg/bigmoo)
Archego capital margin call
The highest was 354.82 before the Archego capital margin call came and led the stocks that Bill Hwang hold to drop significantly. Now I could say that it’s a bargain to get the stock at this level - theoretically below 200 dollars
The highest was 354.82 before the Archego capital margin call came and led the stocks that Bill Hwang hold to drop significantly. Now I could say that it’s a bargain to get the stock at this level - theoretically below 200 dollars
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