BIDU may fall 36% - Oppenheimer

Discussion in 'Stocks' started by capmac, Mar 7, 2008.

  1. LOL when the losers downgrade thats when you buy

    Long BIDU @122 and Long @240 and long @ 360
     
    #11     Mar 12, 2008
  2. jnaylor07

    jnaylor07

    what downgrade is being referred to here? I don't see any recent downgrades.
     
    #12     Mar 12, 2008
  3. I am long BIDU from 242. Now BIDU's jumbo jet lifted off to 280 today. Thats 40 point in 2 days on heavy volumes. Its like a mini explosion and the last 2 days thats all I traded. Bidu Bidu, Bidu, bidu.

    Making 40 points on a stock is something else, you can't do anywhere or can you? Selling deep in the money puts, options, strangles, daytrading common , taking profits, holding positions overnight. Last 2 days been a bullish orgy on Bidu. I am in with both hands.

    BIDU has crossed its 28 day moving average and is hitting its 50 day at 280. Fibonnaci retracement from 12/28/2007 high to Feb 7 2008 lows shows following numbers:

    23.6 % to 270
    38.2 % to 298
    50.0 % to 320
    61.8 % to 340

    Pick your number thats where BIDU is headed at least for the short term trading
     
    #13     Mar 12, 2008
  4. S2007S

    S2007S


    BIDU target only 8 bucks away..

    :D

    stock was 240+ only a week ago...

    175 new price target.
     
    #14     Mar 20, 2008
  5. vikasd

    vikasd

    Option expiration related trading is not a good indicator of target price.

    BIDU is oversold
     
    #15     Mar 20, 2008

  6. BIDU moved up 32 points
     
    #16     Mar 25, 2008