Not a Good Week for China "Dot Coms"

Both Baidu.com (BIDU) and Ctrip.com (CTRP) have taken serious whacks this week, showing yet again the risk to holding individual equities in this type of market is simply too great - hence the better focus appears to be ETFs as the "risk" part of risk/reward is overweighted - bad news is not just punishing stocks now, it is obliterating them. The ability to wake up and find news that has you down 30% in any single equity is like no time I've been around markets.

Baidu.com (BIDU) had a very damning press report yesterday - effectively it is alleged they have been altering search results to push those that pay the highest at the top (effectively blackballing some companies which are not paying from the search results), but that's just the tip of the iceburg considering these are drug companies, many of which are unlicensed. Ah, youthful capitalism.... today the comp...