BIDU

[Gordon Gekko]

I don't believe he mentioned it on Thursday, before the IPO, and on Friday he said "sell, sell, sell."

Missed out on 20% today.

[deepinwonder]

I didn't hear him mention the IPO, either, we have to pay attention and not rely on him for all our information.

[axb8000]

Biadu had a great IPO but I heard it's trading at 1000x earnings!? Sounds like people might get burned by hanging onto this, but it is very intresting to watch.

[helk]

Personally, I hate IPOs. Most are pure speculation as there is not enough data to make a good educated decision. In fact I don't buy into any companies until they have been traded for at least 4+ years. I'm guessing Cramer wouldn't recommend too many IPOs for that reason. Unless it is a big name like GOOG, I'm sure he's staying clear until the dust settles. But, if I was fortunate enough to own Biadu I wouldn't hesitate to ring the register! I agree with Cramer...SELL, SELL, SELL!!!

[deepinwonder]

I wouldn't invest in any company doing business in China unless it was owned by Americans. I still don't trust Communists, but that is jmpo.

[helk]

Hmmm...trying to make money in a communist society. Isn't that sort of like playing against a heavily stacked deck??

[HisHighness]

WOOOOOOOOOOOOO HOOOOOOOOOOOO I made over $4,000 on Bidu, cuz Jim mentioned it and I shorted it! :D Thank You Jim!!!!

[Gordon Gekko]

As of Tuesday, there have been no shares available to short.