Baidu, Inc. Message Board
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Bought 2k shares at 94, great risk/reward
only way this goes below 92 is if the market has another 500 point selloff in it. Possible but not likely. Will stop out at 92 or sell at 99. I think 99 somes first.
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below 92 now...are you selling or is your trade now an "investment"? LOL!
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Traders had no respect for the company and sold it for no substantial reason. Just sell, sell, sell. I kept buying yesterday. This is a highly profitable company with excellent execution by the management.
- 1 Reply to princess.poem
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princess, with that attitude your life wont be a poem much longer...hope you're good with bedpans and chamber pots...only job you will get these days in this economy
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Bought 800 shares today @ 93.50, will buy all the way down under accumulation up to 4000K shares.
Sentiment: Strong Buy
- 2 Replies to bidusina4577
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and ya fool never buy a stock that gaps down !
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fool === just look at facebook and you can see the future of bidu !
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the stock is so wounded i dont see 99 unless we bounce real hard off 90 first...once the stock goes red today, any time now, nervous longs will dump big time again. simple psychology: they are tired of the endless pain. who can blame them?
- 1 Reply to smartass_2001
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Where it falls is anybody's guess. But looking at the 5 year chart, winter months are stagnant for this stock year over year. Come spring, strength kicks in. Since this stock has already entered correction territory, the downside is probably limited. On the same note, this stock is expected to trade sideways without any major catalyst until Spring of next year.
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