Beyond Trading has a Sell rating in shares of company Baidu.com having recommended to open a short position near $115 which was precisely the recent top on the stock.
Confirmation of this recommended short position can be obtained in Beyond Trading audio and chat transcript available in the Elite, Elite Pro levels as well as to leading instituions and authorities.
Although Baidu.com (NASDAQ:BIDU) may effectively trade above the $115 level in 2011, the company does not consider interesting an investment in Baidu.com (BIDU). Our objective is not to call a top in Baidu.com (BIDU), stock perceived in Wall Street as an excellent trading vehicle, we just do not consider the stock a good buy to hold.
Other recent downgrades in Chinese companies:
Other recent short positions after profiting from the long side
What is Beyond Trading all about?
- The secret behind exceptional stock market trading
- Empowering investors worldwide by delivering live professional education to traders,
- A methodology delivered in real-time to achieve consistent profits in stock market trading,
- Live Trading. Live Training. Live Coaching.
- The only company providing support 24x7 by experts in trading. No sales, technical or administrative staff to handle your trading related questions,
- Helping one to dramatically reduce the long, painful and costly learning curve required to trade successfully the stock market