Month: September 2012

$BRCD Stop Order Updated

We have a Brocade stop order in at $4.75. Greg pitched the stop order be moved to $5.76. This was seconded by the club and the stop order has moved to $5.76 to lock in profits. This guarantees a 21.5% profit on Brocade. Great job EP!

$BIDU Stock Update

Baidu, Inc. fell a bit this past month from prices in the $130s due primarily to web-surfing competitor Youku.com Inc. (NYSE:YOKU) acquiring Tudou Holdings (NASDAQ:TUDO). I am still bullish on Baidu, Inc. however, and still have a hold sentiment on the stock. Today TheStreet.com reiterated their buy rating on Baidu, Inc. pointing out the various …

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