Review of BAIDU medium term prediction

We predicted on August 08 ,2005 that Baidu shares listed on NASDAQ

1. Will run up in early part of that week before losing value
2. End in August at lower levels
3.Recover in month of September, 2005 but over net 3-6 months no major gains

See Actual Prediction

Review: What happened ( please note above graph does not capture intra day highs and lows)

1. On day of prediction Baidu ran up intra day high of over $150.
2. Lost value but recovered somewhat over next few days
3. Ended August at much lower levels
4. Recovered very well in September but only briefly to fall again

Hence it was not a good investment unless purchased in the end of August for short term