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Baidu, Inc. Message Board

  • pirates144 pirates144 Mar 26, 2012 6:38 PM Flag

    Anyone else clean up on the weeklys? This was

    an easy trade. I sold after the 1st big run today for a triple, but easily could have held. I've learned the hard way not to be too greedy, even if your "certain". I watched BIDU on Friday, live on my streamer and could see the volume. That was when I bought. Like I said before, BIDU is being completely revalued. Did you notice the weakness in SINA & YOHU? BIDU would have traded $4 higher even if the market went down 100pts. Only "they" know what level they are going to push it to. $1 Billion worth of BIDU shares were bought today. This is serious money. $300 Million above average and they look for a serious return. They don't dive in for a 3% move. They're looking for 25%+........The 52 wk high of $166 will be challenged in the next 1 or 2 months. The likelihood of that is 90%.

 
BIDU
217.92-2.47(-1.12%)Jan 30 4:00 PMEST

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