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World leader in professional stock market trading, education and coaching for traders, hedge fund managers and investors trusted globally by +3000 individuals since 2003 Nowadays, Vieira's Trading for a Living and Hedge Fund Manager Coaching services is the reference in Professional Live Trading... More
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  • Selling short the Chinese tech Bubble: BIDU, DANG, SINA, SNDA, YOKU  0 comments
    Jun 7, 2011 6:21 PM | about stocks: BIDU, DANG, YOKU, SNDA, SINA, SOHU

    Beyond Trading recommended taking profits on long positions in Sohu (SOKU) at $109, Baidu (NASDAQ:BIDU) at $153.5 and Youku (NYSE:YOKU) at $63.7.

    The team posted to this blog an important recommendation taking profits before earnings announcement. We all knew, these stocks were going to sell off hard following Beyond Trading CEO Strong Sell ratings.


    The following stocks were downgraded to Strong Sell


    Baidu (BIDU) tanked to $121, Sina Corporation (SINA) to $102, Youku (YOKU) to $33.5, Shanda Interactive (SNDA) to $38 while Dandang (DANG) to $15.1


    These picks represent some of the best profits for the year 2011 on the short side. It has been a killing spree and a damn amusement to sell short the Chinese bubble while Wall Street was upgrading them. For instance Wall Street was upgrading Baidu to $200 when the share price was $150. Several institutions have been recommending to buy Sina as the Twitter player in China. What they do not know is Chinese were selling to them at the top

    China is one of Beyond Trading major markets. Professional investors follow our opinion which has proven to be the most accurate, reliable, historical consistent and less risky, in stock market trading world-wide. The best profits in stock market trading are always made betting against the incompetence of the crowd. Google was an amusing example! Goldman Sachs a top short opportunity!! Thank You Wall Street.

    Vieira, BT CEO


    We only listen to an individual offering near perfect guidance in stock market trading: Beyond Trading CEO, Alex Vieira.


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