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Old 08-06-2005, 11:09 PM   #1
Shoplifter
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Anyone make anything on the baidu.com IPO?

BIDU opened at 66 on Friday and closed at 151.

Anyone say it still has legs for Monday?
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Old 08-06-2005, 11:11 PM   #2
mrthumbs
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220 tops
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Old 08-06-2005, 11:12 PM   #3
Shaze
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I bought baidu at 120. It is risky though. The business is worth only 15 million I think. Only a fraction of what Google is worth, yet it's market cap. is way higher than Google. Only way to justify it is because of the growth seen in the future in China's economy.
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Old 08-06-2005, 11:22 PM   #4
$5 submissions
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Is it going to be the next tom.com (smirk)?
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Old 08-06-2005, 11:29 PM   #5
Shoplifter
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Quote:
Originally Posted by mrthumbs
220 tops
I'm thinking maybe 200 if that, and all of it next week. China just put a lot of new media restrictions in place and it will hurt this stock eventually.
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Old 08-08-2005, 09:25 AM   #6
AVM
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I killed it today. Scooped cream right off the top.

TY baidu!
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Old 08-08-2005, 01:30 PM   #7
Morgan
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Quote:
Originally Posted by AVM
I killed it today. Scooped cream right off the top.

TY baidu!
It killed you back today?
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Old 08-08-2005, 02:59 PM   #8
Damian_Maxcash
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Damn.... looking at the chart now.

I hope you didnt wait to cash them in
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Old 08-08-2005, 03:51 PM   #9
AVM
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It killed you back today?
I sold on a limit order @ $151, before afternoon hit.

No complaints here. I didn't wait it out, as they say - 'Pigs get slaugtered'.

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Old 08-09-2005, 05:35 PM   #10
Morgan
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and today down another 17%.

You definately did the right thing getting out when you could... now the question is, to get back in or not and when....
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Old 08-09-2005, 05:40 PM   #11
SomeCreep
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Quote:
Originally Posted by AVM
I sold on a limit order @ $151, before afternoon hit.

No complaints here. I didn't wait it out, as they say - 'Pigs get slaugtered'.

The correct colloquial is, "Pigs get rich, hogs get slaughtered".
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Old 08-09-2005, 05:42 PM   #12
tungsten
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Quote:
Originally Posted by AVM
I sold on a limit order @ $151, before afternoon hit.

No complaints here. I didn't wait it out, as they say - 'Pigs get slaugtered'.

smart move
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