Akamai…Ouch but Baidu is Cooking

Both have been Wallstripped (see Wallstrip archives)

Akamai is finally getting trounced. It has only run from $1 to $55 the last few years.

My cost basis is in the teens and I still love it, but expect to get stopped out of my remaining position in the high $30’s. No supplier keeps their margins forever and Akamai will likely end ugly when all is said and done. I hope and could be wrong.

I look at Baidu (BIDU) differently. I have hung in there through a huge decline and now the stock is back at $110. I don’t see how they ever stop barring politics or execution so I expect it to be in my portfolio for a very long time. It was definately looking shaky a few weeks ago in the low 90’s.

Good day.

Disclosure – Long BIDU and AKAM