Wednesday, November 28, 2007

BIDU 367 up $26! As advertised!

It's easy to shoot your mouth off when we've had a big day, but the surgeons on BIDU did their best to frustrate holders. Not here. Monday I had this to say:

BIDU at 323 is up $14 today, while Google has added 60 points since November option expiration. China looks poised to bounce, so it may be time for traders to start flipping BIDU again.

You had 44 points, I hope you got some of it. Now the smaller cap Chinese stocks are set to move, as the market has sufficiently frustrated those holders, who have an average attention span of a three year old child.