RE: BIDU
Posted on Mon 17th Dec, 2007 01:53:51 PM
Blian, I don’t mean to intrude your site with my needless scalps. For completeness sake, I covered 4500 shares at 365.81 which I shorted on Dec 3, 2007 at 380.79. Team, be advised that the shares are a bit oversold on the hourly and daily charts.
EDIT 2:09 PM (Blain): No problem Jack! Readers, you can find Jack’s original short on BIDU for reference. Total profit on this trade is just over $67,000. Read more of Jack’s trades as they happen live on his new blog.
More on this topic
(What's this?)
China Internet Leader Baidu Sees its Profits Soar Nearly 80%
(Money Morning, 2/14/08)
Shares of Baidu - “China’s Google” - Surge
(Money Morning, 9/18/07)
Company Insiders are Telling You to Do This Now
(Jutia Group, 9/11/09)
Jack, BIDU is now sitting just under $360, market hitting fresh lows intraday. Curious to see where we end up and if a 3 PM rally is in store, I am skeptical.
wow, that is sick