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Thursday, September 18, 2008

BIDU oh sweet BIDU - Shorts Covered!

Someone got caught very short in BIDU stock today.....BIDU was due to close around $278 and then right at the close a large position was bought from $280 to $305.

BIDU is now bidding $289 afterhours......a $49 move in a little over an hour!

Shorts, stop betting against great companies!