(risk:reward)=(1:15) in BIDU

Discussion in 'Stocks' started by apitrader, Feb 9, 2009.

  1. Sohu up 10% pre market and up 20% in last two days. China market outperforms worldwide this year. This sector is ready to soar in China.

    Bidu($124.61) one year range is $100-$425. $20 downside and $300 upside from here range-wise. Very likely breaking out $175 by end of Feb.

    Most pre-crash momo stocks like V, MA, RIMM, GOOG are coming back. BIDU has a nice 1:15 risk:reward trading opportunity here, I think.