neke.. have u seen BIDU.. portfolio killer or maker... i KNOW you must have played big with him.. come on. /.spit it out
too bad most prop managers won't let guys like neke trade bidu, or he'd have made his whole year back just today. Baidu, Inc.(ADR) (Public, NASDAQ:BIDU) 709.87 +88.49 (14.24%) just sick. time to go short...
WHOA !. .. some one upgraded.. saying it is fair price.. ha ha... next stop 1000... who the hell knows.. who the hell cares.. this all looks surreal to me now !
Weekly Update for week 16/50 ended 04/30/2010 Nice week, up 14K (5.8%). Once more got a lot of activity with earnings season and an uptick in volatility. Caught flat-footed on Tuesday with the market sell-off, forced out with a loss of 6K on my SPY call. Made that up and more through the remainder of the week. Code: Opening Balance: 234,450 Net gain for the week 13,557 ------------------------------------------------ Net Balance: 248,007 Number of Trades 42 Number of Profitable Trades 29 Since Inception of Thread 01/10/2010 - 04/30/2010 Opening Balance: 410,000 Net loss(Less Margin Interest) 161,993 (Down 40%) ------------------------------------------------ Net Balance 248,007 Number of Trades 543 Number of Profitable Trades 271 BIDUMAY222010700.0CALL 2010-04-29-11-40-29 2010-04-29-14-04-47 1000 28500 33500 4967 BIDU CALL SPYMAY222010120.0CALL 2010-04-27-09-57-04 2010-04-27-11-31-35 10000 24000 17900 -6244 SPY CALL
Yeah, bought the pull-back to the $705 area on the stock (on Thursday) with calls @ 28.50, closed later at 33.50. Just 10 contracts which netted 5K.