BIDU - ipo day trading stories

i tried to short it but no shares on IB to short. Would have made +8 bux (short form 133 cover 125) end of day, which sux. I lost $1.5 on the long side previous to the trade i couldn't do. ;/

i wasn't around most of the day so all i got was end of day action which I couldnt participate in :(

hmm.. i can go long but I cant short, wonder why it was bid up so high :)

,.. must have been the marketmakers squeezing it to get it up high to bring in the public on ipos again, 1 things for s ure how many more search engines are going to go public... omg

the market maker thing was sarcasm btw
 
Quote from Szeven:

I thought you couldnt short IPO's for 30 days?

You can't, unless ur a mkt mkr, thats y I dont inderstand half these posts who state they tried to short
 
I refinanced my house and pawned my dog to buy shares.

Pookie don't worry, daddy is coming back to get you once the bid hits 180.
 
Quote from Hydroblunt:

Here is a quick summary.

Everyone made thousands if not millions of dollars and not one trader lost a cent.

Hydro, I missed those ipo days.. I can't even imagine how much you guys banked on this. Congrats.
 
Quote from sammybea:

Hydro, I missed those ipo days.. I can't even imagine how much you guys banked on this. Congrats.

I missed them as well.

I'm guessing you don't recognize sarcasm very well.

BIDU was equivalent of a casino. Just like gamblers, you only hear about the great wins but the much greater losses never get mentioned.
 
Back
Top