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Baidu, Inc. Message Board

  • tnorman61 tnorman61 Jul 22, 2013 3:13 PM Flag

    why I did what I did

    My loss was just 13K.
    I say "just" because a month ago,
    my loss was over 45K.
    The sale at around 111 is the highest BIDU has been in a while.
    If I guessed wrong about tomorrow's numbers, the shares could easily pop ten or more points.
    But the last thing I'd want is to see the shares trade under $90.
    That would put me back in the soup.
    The loss could easily be made up with either FFIV or SLB.
    IF the shares pop, I always have the option of repurchasing them.
    But not as many.

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