• Skip to content
  • Skip to secondary menu
  • Skip to primary sidebar
  • Skip to footer

Trading With Cody

Long-term Revolution Investments and Real-time Trades from Cody Willard


  • Twitter

  • YouTube

  • iTunes Podcasts

  • SoundCloud
  • Trade Alerts
  • Latest Positions
  • All Archives
  • Chat Room
  • Books
  • About/FAQ/More Info
    • Testimonials
    • FAQ
    • Contact
    • Privacy Policy
    • Support
    • Money management services
    • Public Speaking
    • Cancellation Policy
    • Login

Trade Alert – A tranche buy and an FB update

November 14, 2012 by Cody Willard Leave a Comment

I do not fear computers. I fear the lack of them. – Isaac Asimov

Yesterday I’d postulated that the Facebook lockup expiration might very well turn out to be a “Buy the news” event, and today the stock is up nearly 10% and about 15% since I stepped in to buy back our calls on Monday (still knock on wood). I’m not selling any of my FB common or calls yet.

Baidu, which I just last week said we needed to be patient with before buying, is down to a 52-week low right here this morning. The stock has no support right now either technically in its chart or from the sellsider analysts. My stomach turns when I picture trying to scale into more here and I can’t imagine what would make it break this fall. But the main reason the company’s guidance was a bit soft last quarter was because the company’s going to be investing billions in its new cloud initiative and other eco-system development. And it’s the expectation that Baidu’s eco-system for China’s Internet users, which is still less than 40% of the population there, that is the very reason I’m looking to build up a Baidu investment for the long-term.

Thus I’m going to buy some Baidu, using common stock for now. I might look to buy some BIDU long-dated calls when the stock stablizes some, but for now I’m adding a tranche buy of the common.

And don’t forget to join me for this week’s Live Q&A chat at 2pm EST at https://tradingwithcody.com or you can email me your question to support@tradingwithcody.com beforehand and I’ll include in the transcript.

Related posts:

Trade Alert: Betting against this so-called Blockchain company
Trade Alert: Portfolio rebalancing and more on the big QCOM win
Coronavirus Ramifications and Why It's Still a Good Time to Be Cautious
The Other Side Of The Bubble: Analysis For Stocks, Crypto And Bonds
Trade Alert: Facebooking boogie
  • Twitter
  • YouTube
  • iTunes Podcasts
  • SoundCloud

Filed Under: Trade Alert

Disclosure: At the time of publication, the firm in which Willard is a partner and/or Mr. Willard had positions in some of the stocks mentioned above although positions can change at any time and without notice.

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Must Read Articles (Free)

How To Invest In Business Models From Outer Space
Everything You Need To Know About Cryptocurrencies

You are not currently logged in.








» Register
» Lost your Password?

Subscribe now. You can cancel at anytime.

Buy with Crypto

Footer

This does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or cryptocurrency or token any other product or service by Cody Willard or any other third party. Furthermore, nothing in this is intended to provide tax, legal, or investment advice and nothing in this should be construed as a recommendation to buy, sell, or hold any investment or security or cryptocurrency or token or to engage in any investment strategy or transaction. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.

Copyright © 2023 · Magazine Pro on Genesis Framework · WordPress · Log in