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Just sold 8 Baidu (ticker: BIDU) shares June 18, 2007

Posted by deminvest in Baidu, BIDU, BIDU Baidu, China stock, growth stock, investment, my free stock, nasdaq, Nasdaq stock, risky investments, Single stocks, stock I own, stocks.
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I sold them because BIDU went up 40% in four months, which my target.

According to my “New free stock strategy” and to my “Sell earn and cry strategy”, this is what I did:

  1. Feb 19, 2007 I bough 10 Baidu (BIDU) shares. I paid $105 per share. I spent a total of $1050.
  2. today I sold 8 BIDU shares at $ 147.51 per share. I made a total sum of $1180.
  3. I still own 2 Baidu shares. They are worth $295.02 now. I got them for free and I plan to hold forever (if I will not have to sell them because I fall in poverty!).

Those 2 BIDU shares could go a long way… Or fall like rotten apples from their tree!

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