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Tuesday, February 21, 2006

Follow-up for BIDU: As insignificant as their small growth story is, this might reinforce a good short for GOOG. Although i'm not a big fan of shorting stock (this is because the stock market over time/history goes up not down), I feel GOOG might have some near term selling pressure only because the stock basically hit a high of $475 and was quickly sold off to the low 400's, then the earnings annoucement, then it took another dive to $370s. Unfortunately, BIDU does not trade options (yet.) If I take a position (put options only), I will notify every one. I'll have some ideas shortly, so keep on checking in. Thanks!

2 comments:

the mtb investor said...

Hi OptionsBlog - Thank you for visiting the-mtb-investor.blogspot.com and leaving your comments. I like your blog on options and will continue to visit as I'm not currently trading options and need to become educated.

Keep making Mad Money !

dohsinbebe said...

Awesome. If you have any questions about options/option strategies, let me know. I'm formerly a MWD financial advisor, so I'll be happy to share whatever knowledge i have. Happy Trading!