indigo
08-24-2005, 03:39 PM
I had a great time with BIDU. I got in early the day of the ipo at 70 and sold at 145.
Fast forward a few weeks.
BIDU has been on a nasty downward trend leading to serious volatility, I know BIG surprise :roll:
If BIDU goes below 70 sometime this week or next. Do you think it would be good time to jump back-in and catch another ride up? Considering how easily the stock moves up and down, it seems like an easy move to buy low and sell high. Of course I don't think it will make it back to 145. But it could hit mid 80's or 90's within a day of trading.
Is this crazy? Or just dangerous.
Fast forward a few weeks.
BIDU has been on a nasty downward trend leading to serious volatility, I know BIG surprise :roll:
If BIDU goes below 70 sometime this week or next. Do you think it would be good time to jump back-in and catch another ride up? Considering how easily the stock moves up and down, it seems like an easy move to buy low and sell high. Of course I don't think it will make it back to 145. But it could hit mid 80's or 90's within a day of trading.
Is this crazy? Or just dangerous.