$BIDU Stock Update

Baidu, Inc. has definitely been on thin ice with EPIC for a while now. We currently have a 30% trailing stop in on the price and BIDU has been in steady decline for the past 3 months. Today, Baidu dropped from about the $104 mark down to the $98. The reason, likely, is due to the growth company QIHU and the possibly underlying relation between PC users moving to mobile users, causing search queries to be less profitable.

I propose EP club holds strong to the 30% trailing stop. If BIDU falls below the $90 and hits out 30% trailing of $88.76, we will sell to protect capital.

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