Hi all, we’re back again with a specific update on BIDU.

BIDU is not the type of stock we typically seek out and cover in the newsletter but last week it was a mention due to our perception of having very strong technicals.  It has moved up about $15.00 since last Tuesday and has made a new all-time high.

Naturally, with such a surge, it looks very “vertical” to us on the charts.  This is one that we’d definitely roll up in if we elected to keep riding it and for that reason.

Since we’re normally not anywhere near $270.00 stocks of this type, we thought we’d make things very clear as to how we would handle this one if greater profits were still part of our equation.

Thanks,

Wayne Razzi