BIDU - ipo day trading stories
- Thread starter seasideheights
- Start date
Scalped BIDU this AM ----> In @ 99.00 Out @ 99.45
I feel lucky I was caucious as BIDU is plunging this PM (on very low vol) which is a bit suprising given the YHOO deal just announced; but GOOG is not seeing much buying demand either (see my GOOG post)
I feel lucky I was caucious as BIDU is plunging this PM (on very low vol) which is a bit suprising given the YHOO deal just announced; but GOOG is not seeing much buying demand either (see my GOOG post)
Can u imagine the guy that bot 150? Still holding i bet.
This thread along with most others on ET is really sad. Goes to show the majority of 'traders' nowadays are hooked on this 'trading/gambling' mentality. Since most are losers, whenever some slot machine (hot ipo) kicks out a few bucks, the whole room goes YIPEEEE!!!
Then, it's back to boring crap and losing some more.
Meanwhile, the *real* money is being made in real estate or other types of longer-term trading, etc., while the trader schmucks waste their time and few $$$ left, gambling on 100 shares of bidu. Sad, very sad.
Then, it's back to boring crap and losing some more.
Meanwhile, the *real* money is being made in real estate or other types of longer-term trading, etc., while the trader schmucks waste their time and few $$$ left, gambling on 100 shares of bidu. Sad, very sad.