We've seen the top in this stock. I pointed it out this moning when it reversed from 156.04 to 154.50, and therefore couldnt sustain a move to a new all-time high on an earnings beat in an up market with multiple upgrades. If you can't go higher in that scenario, the fall will be scary.. I hope the shorts all added.
I just read my Tea Leaves and they tell me.Consolidation at $149 then going to $ 200 within two months. Now re post this in two months and we will see if tee leaves r better predictor than your weight loss chart.
I agree that for that reason, you should be able to trade your puts in for a quick profit; however, in my opinion, the keyword is "quick." If you hold those puts for too long, you may regret it, especially if BIDU closes red today, and you still didn't sell your puts, because if it closes red today, probability-wise, big money would pour in tomorrow. The banks are simply manipulating BIDU to buy the cheapest possible shares and derivatives, so this will not last long.
Wishful thinking buddy. I like it how you people try to sound smart spitting out the most outrageous estimates. You guys are the paid bashers, right? All one has to do is read the Barron's article to feel the sentiment.