Betting on Baidu

Have one of these handy, you will need it when praying

holy_bible.jpg
 
Yahoo.com is reporting Baidu.com Inc. stock symbol BIDU increasing income, increasing assets and increasing equity. Yahoo.com reports BIDU stock price trading near historic high price on increasing volume. I observe BIDU stock price increasing above the high price of the 22 month trading range on 19 June 2007.

I wonder if you studied the stock price behavior of other companies early in their growth phase. You might consider looking at charts of CSCO, AMGN, MSFT, INTC, and AAPL.

If you wish to fight Mike Tyson

<img src=http://news.softpedia.com/images/news2/UPDATE-Mike-Tyson-NOT-In-Adult-Movies-2.jpg \img>

you might want to first study Mr. Tyson's boxing history.
 
Quote from stocktrader2007:


I got money!! Thinking on when to cover..
More...

You won't have money very long if you don't have an exit strategy before you make a trade.
 
Baidu is a good stock to short, but not right now.

Baidu is a member of the second dotcom bubble and the china bubble.

Both bubbles had not bursted yet, so be careful.
 
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