Tomorrow's Blue Light Special - Get Baidu.com (BIDU) for $70/Share

Starting tomorrow, shares of Baidu, Inc. (Nasdaq: BIDU) will trade on a 10-for-1 split adjusted basis. This means that shares that closed at $712.41 today, should be at $71.24 tomorrow. Shareholders will get 10 shares per every 1 they had today.

This will increase liquidity in the stock and may bring in fresh buyers who have always wanted to get into the stock but were scared away because of the high share price.

Of course, nothing changes fundamentally. But nonetheless investors may still flock to the name as it is the only legitimate way to play the search engine growth in China.

The 'street high' price target on Baidu $1000, or $100 split-adjusted. Let's see how fast we meet that -- 30 bucks versus 300 bucks makes a big difference.

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