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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Monday, July 09, 2007

BIDU is a buy above $200 if you don't own it already.

BIDU closed @ 197.60

You could have owned it $25 lower but the past is the past. Tomorrow, BIDU will likely take out $200. Even daytraders can make big money on this one. Remember what happened to RIMM once it took out $200? Well, BIDU has a lower float. You decide.

I believe BIDU will get to $800 before GOOG does.

21 Comments:

Blogger big bob said...

and bidu only has 6.66B market cap. might be the best way to play china. it's the most viewed web site in china, and #7 (and rising) in the world.

Mon Jul 09, 04:23:00 AM EDT  
Blogger al said...

good morning... what about the downgrade on BIDU this am... a buying opportunity?

Mon Jul 09, 08:03:00 AM EDT  
Blogger beanie11111 said...

I said about a year ago that Cramer would eventually support BIDU after bashing it since it went ipo. He indeed did support it last Friday. Then wham bam slam, Citicorp goes out and slaps his ham. Kinda funny if you think about it.

BIDU is overbought in the short term (but it should power higher today if not for the downgrade); so Citi's downgrade should take it down. The question is whether buyers can brush it off.

Mon Jul 09, 08:26:00 AM EDT  
Blogger beanie11111 said...

solar FSLR is flyin on upgrade this morning. Congrats if you own it.

Mon Jul 09, 08:27:00 AM EDT  
Blogger beanie11111 said...

solars on fire!!

you still don't believe?

Mon Jul 09, 08:38:00 AM EDT  
Blogger Arun said...

SPWR also going to have a good day today...

Mon Jul 09, 08:40:00 AM EDT  
Blogger beanie11111 said...

You still don't believe in solar stocks?

Well, FSLR got upgraded this morning and solars are off to the races again.

Huge upgrade. In FY10, FSLR is expected to make $7.50 per share! Isn't that GOOG-like earnings?

SOLAR STOCKS INDEED WILL BECOME THE GREATEST INVESTMENT OPPORTUNITY OF A LIFETIME.

Today we got our first confirmation in the FSLR upgrade.

Don't waste your time being a disbeliever any longer. Get in solar!

Mon Jul 09, 08:47:00 AM EDT  
Blogger Arun said...

Man.. the PE on FSLR?? 416?? crazy.

Mon Jul 09, 08:55:00 AM EDT  
Blogger beanie11111 said...

arun,

yep it's expensive now but cheap in 2010

Mon Jul 09, 09:01:00 AM EDT  
Blogger beanie11111 said...

TSL:

if you still own those july 45 calls @ 2.20, they should be worth about $19-20 today. That's 8-9 bagger already! (and more to come)

Mon Jul 09, 09:06:00 AM EDT  
Blogger beanie11111 said...

SPWR:

goin so much higher

Mon Jul 09, 09:14:00 AM EDT  
Blogger aymon said...

beanie,

do you think solar might take a breather after today since the recent runup might have been in anticipation of contract news released today?

Mon Jul 09, 09:16:00 AM EDT  
Blogger beanie11111 said...

hey, i sure don't want you guys to be buying solar stocks right here on this huge gap up. So don't do it.

Mon Jul 09, 09:17:00 AM EDT  
Blogger beanie11111 said...

aymon,

possible. Let's wait and see.

Mon Jul 09, 09:18:00 AM EDT  
Blogger CATCHERNTHERYE said...

gosu said...
"I have been expecting the moron catcher.
Here are the Dow futures contract specifications.
These contracts expire Sep 07. More information here.
Some brokers allow you to day trade futures contract for as little as 500 dollars. If you want to hold overnight, they may require 5000 dollars equity per contract.
And why wont I sell, you moron, if I have a gain of 14K in a week.
Why dont you profit from the posts here like these:"

Heres a reply to " THE GREAT LIAR, GOSU". Nice try but a shitty link to the CBOT web site means nothing. I was actually trying to find out if do know anything about futures, and of course, you don't. Just more lies.

First thing, Chicago board of trade REQUIRES A MINIMUM OF $2813 PER CONTRACT ON THE MINI DOW [$5] AND A MAINTANENCE OF $2250.But I wouldn't expect you to know that.

By the way moron, how much did you actually invets to make 14k? now you've had all weekend to look up the right answers, lets hear it. I'm waiting to see if you actually know how futures work, cause it straight contract costs like you been saying here, so put up or shut up gosukated.

heres the link for the actual margin requirements for dow mini futures for all to see, another gosu lie!

Mon Jul 09, 09:18:00 AM EDT  
Blogger Arun said...

Beanie, what is your EOY target for SPWR?

Mon Jul 09, 10:27:00 AM EDT  
Blogger beanie11111 said...

new official recommendation just posted: www.beanie11111.blogspot.com


Wait for a break of $40

Mon Jul 09, 11:03:00 AM EDT  
Blogger gosu said...

Catcher giving more and more convincing proof of a moron he is.

1) Trade with Velocity futures and other brokers allow $500 Intra-day margins for E-mini's
There are several online brokers like these who let you trade e-minis for as low as 500 dollars intra day
Ofcourse, if you wish to hold overnight, the minimum equity requirements are about 5000 dollars per contract.
and isnt that what I said Some brokers allow you to day trade futures contract for as little as 500 dollars. If you want to hold overnight, they may require 5000 dollars equity per contract.

If you can read plain English.

2) And well, why do I care when I have 200K+ in my day trading account.
Thats good for holding more than 50 futures contracts overnight.

Mon Jul 09, 11:03:00 AM EDT  
Blogger beanie11111 said...

arun,

i believe SPWR will trade north of 100 by year end

Mon Jul 09, 11:04:00 AM EDT  
Blogger GORDON GEKKO said...

Alright Gosu! You win! I am sorry.

Mon Jul 09, 11:22:00 AM EDT  
Blogger gosu said...

No , no catcher, you win, By 200k I mean 200 kaziztistan rupees. close to $7.00 american dollars. I am richest man in my village. Oh well, off to tell more lies on next blog.

macacacacacaaa yipepepeeee

Mon Jul 09, 02:41:00 PM EDT  

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