There are several articles on SA. I called it to your attention since I know you follow TCEHY. BIDU still owns a majority stake. The stock isn't cheap and they are still losing a lot of money, but the opportunity looks to be huge.
FWIW – I bought some more stock today at $18.42 and sold some Sept 20 calls for $2.65, which looked like good premium to me.
April 13th, 2018 at 2:30 pm
Scottmi – IQ
There are several articles on SA. I called it to your attention since I know you follow TCEHY. BIDU still owns a majority stake. The stock isn't cheap and they are still losing a lot of money, but the opportunity looks to be huge.
FWIW – I bought some more stock today at $18.42 and sold some Sept 20 calls for $2.65, which looked like good premium to me.