No chance - cover only if price crosses $220.
How many shares are you short (was not aware you can short in
A complete and accurate summary of items covered in the conference
call - it now depends on how the big boys want to play this for the
rest of the May option cycle.
Baidu Inc is a solid play for the rest of the year - price target $244.
Sentiment: Strong Buy
In the conference call, the CFo Jennifer Li stated emphatically that
The hospital issue is resolved and no longer an issue.
Look for a solid 2nd quarter and a stock price to top $225.
This bodes well for tomorrow in addition to the fact that the stock price is
Also the tax rate for Q1 was 6 percent higher the previous year Q1.
Sentiment: Strong Buy
Currently down 28 and Nasdaq -10 : may not carryover to next morning.
AAPL was disappointing all day yet presents a buying opportunity IF
It hits $126 anytime.
Besides analysts slashing their earnings estimates for the remainder of
2015 and 2016, what about the huge off-balance liabilities of $9 + billion.
Currently short the May 15, 2015 $560 puts, so a dip below $540 will be negative.
Sell at these ridiculous level and buy back below $460.
The Shanghai and Hong Kong markets are up nicely yet the US futures are
Down , blaming negative info out of China.
Rather puzzling !!
Currently +41 and Nasdaq +7 - hope this holds up
BUT Friday afternoon had a drastic pullback.
Market due for a correction and AAPL has been disappointing.
What a difference a day makes.
AAPL started trading this morning with a sight gain
and then a sell off. Then suddenly it changed course
and never looked back.
Will be cautious the next few days to see a trend reversal,
Baidu is a must own stock currently under accumulation.
Stay patient for an eventual break out from this accumulation
pattern - BIDU can easily retrace back to above $220.
Earnings missed by 5 cents while revenue slightly exceeded expectations
For the fourth quarter, 2014.
currently a hold but expect stock price to rebound after April 2105.
Selling below $200 will only bring regrets sooner than later.
There are no better growth prospects other than BIDU and it will
Be rather foolhardiness to panic and sell.