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?

220 tops

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.

Is it going to be the next tom.com (smirk)?

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.

I killed it today. Scooped cream right off the top.

TY baidu!

It killed you back today?

Damn.... looking at the chart now.

I hope you didnt wait to cash them in :(

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'.

:thumbsup

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....

The correct colloquial is, "Pigs get rich, hogs get slaughtered".

smart move