Went long on both stocks this morning.....target $55-$58 in the coming weeks....it all depends on Natural Gas right now...so I'm picking a short term bottom but it could fall further possibly to $9.
I will add on these two below $50 each.
Wednesday, July 23, 2008
Earnings Tonight : Baidu BIDU, Amazon AMZN, CMG
Tonight is another action filled earnings lineup. Baidu.com, Amazon.com, and Chipotle Mexican Grill step up to the plate.
I will be watching Baidu.com the most as there is a report out today stating that Baidu has taken even more market share from Google in China. This would be huge. I will also be watching to see how Baidu Japan is doing.
Nutrisystem NTRI also reports earnings tonight....this could be a day traders delight!
I will be watching Baidu.com the most as there is a report out today stating that Baidu has taken even more market share from Google in China. This would be huge. I will also be watching to see how Baidu Japan is doing.
Nutrisystem NTRI also reports earnings tonight....this could be a day traders delight!
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