BIDU - ipo day trading stories

Waxie at TrendFund called BIDU at $68. :eek:

I know several people who made over $50 on a couple of hundred shares, not bad. One guy cleared over $30,000.

I don't trade these high flyers.
 
I heard that the emergency room is getting filled up. A bunch of ETers broke their arms patting themselves on the back too hard over BIDU.

Go all in on a flyer and everyone thinks they are as smart as Kurt Goedel.
 
Yeah, and none of the clowns that got stuck in the 140's and didnt sell because they never sell at a loss, have been able to post.

Typical.
 
Hey seasideheights

My take on BIDU below but 1st I gotta ask --> Are you from Seaside Heights, NJ? I grew up going there & Asbury Park, NJ in the summers (God Bless Bruce -- and John BonJOVI too).
 
sorry seaside --> forgot the BIDU part.

1st -- No I didn't get rich on Day #1 trading it (see my GOOG posts for the real deal on my good trades on it).

2nd -- BIDU looks like a very good trade - I'll probably be able to tell you more tommorrow
 
Quote from Szeven:

As im sure (or hope) you know a paper fill is not real. I didnt not trade it so i dont know for sure, but im assuming by the stories a buy or sell could have slipped over 1 point, so 1 point in and 1 point out of 500 shares is -1000 per trade instantly. Not to mention missing the offers, and plain old luck. Im not trying to be a dick or anything but we all know trading paper is not real, especially in a gambling trade like this one.
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I dont know what you define gambling as but every trade is a gamble...nothing is certain.
 
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