Collapses???? They own the US debt....the US literally can't let them collapse. I hope you have more than that. China has a middle class that is growing by thousands a day and those people are using computers and those computers are typing your favorite acronym...B I D U....and those people are learning. What are they learning? They are learning that they like learning.....that is the problem that shorts have here....people like learning!!!!
Keep shorting....better yet, tell us when you cover. I am WAY up on BIDU, you can look how far back I go....I would say that there is a really good opportunity being created by all this 'weird' noise that is effecting the stock. I mean really....is UBER going to go under if one of its drivers gets into a deadly accident??? NO, so BIDU supplies info to people and when people use it incorrectly it's BIDU's fault, laughable, and to think that people in China think differently about it is disrespectful of the intelligent people there. Also, the economic data there....you may want to do your research on how/what GOOG did while the US was in its economic catastrophe. Good Luck, B
I don't know....I'm a bit stumped here. I added before earnings on a hunch....was right....and then the scandal. I think the stock is going to consolidate this level....I do think that there is a TON of upside here (200B CAP easy) but I guess I am a bit surprised that it is taking this long for the rest of the market to see it as well. Time will tell, perhaps I'm wrong....
Just looking at the charts, and they never seem to lie, the stock is at a point where there is going to be a breakout or the share price will be pressed lower. This is not going to be a 'boring' stock over the next quarter. My question is, using options which I am no expert, if this is my thesis....how can I best capitalize on the movement in either direction? Please, only option trader responses only. Thank you, B
As long as the Fed doesn't plan on raising the rates...this company will remain a cash cow....even when the rates do change, they are going to do so slowly....NYMT is a good place to park money. It may not return the same %s from year to year but if managed well the value of the enterprise will not materially change. That makes this a winner over the long haul. Just my 2 cents, B (a buyer every time we go under 5/sh)
this was just what the stock ordered. I bought some more today b/c I personally think that when all the selling is done....and lets face it, there was a gap down but then it was flat for the rest of the day...not a lot of downside conviction there. I expect that there are many weaker hands that are giving up there shares b/c of the headline risk and going elsewhere. The stock gets to cool off for a bit so there will be follow though with a push through the resistance level which if you look at any chart is obvious...but the 2 year makes it look the best, especially when you take a look at the RSI along with it. I'm by no means comfortable with the headline, but for the sake of the stock's technicals, if/when this blows over (and I do think it will but I'm no expert in Chinese culture) the stock will be ready to surge. Time will tell I guess.....B
Abba...I must say that I am disappointed to hear you so down on POT. With that said, I appreciate the honest opinion. I am still holding my shares and currently am considering adding to the position for the 5% dividend which I personally think will be safe. I know that isn't exactly the most popular opinion there but I feel OK with it. Ultimately, your post talks of all the competition that will be coming on-line over the next handful of years which will work against POT...and I agree. BUT, lets remember, the population is growing much faster than is POTs competition and to the same point, the standard of living worldwide is going up....I think POT is a coiled spring of a stock. I don't expect anything fast but, I will be adding....I would like to bring my average down to below 19/sh....thoughts?
Nice!!! Beating the Q2 estimate is huge!!! Hopefully we will get this thing testing that high around 250#$%$ some point this year....
This isn't BIDU related, this is a market wide sell-off under way. WOW....breathtaking. I believe it is likely end of day fears regarding the BOJ news this morning. I'm actually going to nibble at the close b/c I do think the report will positive and I am hoping to floats up when sound minds take over tomorrow. GL all, B
Yes, the deposit date came afterward...my reinvestment was 6/4. And you are right on with regard to the ADR w/holdings. What can you do though? I'm not going anywhere, tough to find 40% gains since the beginning of last year plus a divy. I guess that goes along with the fact that I sleep well with THIS position in my portfolio....lol. GL all, divy day is right around the corner...B
This was a very tough one last year as the ticker changed and unless you were a long time holder you had no idea. But it usually comes during the end of April, early May....though going to the investor relations on the site might be more specific.
I'm no fortune teller and I only hold cheap shares with the idea that the risk/reward is way out of skew....if the bad news quiets, and Papa coming in seems to be the 1st step in that direction, filling that gap seems to be the technical move of least resistance. Just my 2 cents...GL, B
Thanks for the complement, but I also bought years ago at 28/sh...lol...so loading up in the high 3s was more luck than anything. I think the stock is pretty safe with 11 being a decent base is b/c like many who bought way down there, I sold the initial cost already...the rest of the position is 'House Money' as they say in the casino. I have zero interest in selling because I have no more risk. You are correct in that the shorts have gotta be concerned because to an extent, they are now hoping for a change in the commodity trends. And I don't care what people are saying....the market is right, and the gurus know it....
I hear you....that would be cool for us but that is risky and I'm not exactly sure how legal it would be at this point considering the amount of debt they have...do they have the ability to pay current debt if they are taking the cash they do have and put it toward share buybacks??? And if the stock does continue to drop??? Then what? To risky...would be nice but I'll be happy if they just sure up what they have now. If they can do that and prove that they are profitable the CAP will flex giving us equity owners a nice profit.
time to buy em back.....I wouldn't let the day close with a short position....I also wouldn't wait till the end either because after this selling is done you may get a serious squeeze into the close...
It's a trade that the price rises to the trend line of the down trend. Looks like 45/sh is in the bag just as a recovery bounce. Up from here over the next few weeks.