Daytraders... I lost some chunk of money today with this stock. Anyone of of you saw some good setups today? (Yeah, in hindsight the whole picture makes sense. But I'm trading the right of the chart side while it happens...)
I don't really care what it does. This stock just shows the highest amount of setups that I can trade compared to AMZN AAPL NFLX SINA and what have you. Last Friday just sucked. But it does look like there's more sellers that buyers rigth now. I wouldn't want to be long this stock either.
Well, forget about the other day... it's BIDU this Monday. With yet another nice profit at the end of the day.
Link: http://seekingalpha.com/article/267336-value-ideas-investors-should-consider-for-may "Since our Extended Value Portfolio's inception at the end of December, we have increased the portfolio by 12% with an average holding of 2-4 months and 10-12 holding at a time. In March and April, we started to finally close positions. We closed in April: Baidu (BIDU) for 40%, one-third of GameStop (GME) for 30%, SunPower (SPWRA) for 72%, Jinko Solar (JKS) for 20%, and two-thirds of Changyou (CYOU) for over 20% averaged.".....