Goldman AND Baidu…Oppposite Directions for NOW!
- Posted by Howard
- on September 17th, 2007
I gave Goldman Puts and the stock is down $3 and Baidu (long) is up $9 on news of a video deal. A nice birthday market open.
SINA, SOHU, SNDA and FMCN are other China stocks flying.
In the end, Goldman Sachs will be the big winner in China so it pays to keep it all in perspective.
Disclosure – Long Baidu, Long Goldman PUTS
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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