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June 19, 2007


Stock Du Jour (BIDU) & Random Observations

Chop city, a fabulous day to lose money. Let me know if you made any successful day trades.

Notable New Lows: American Commercial Lines (ACLI), Encysive Pharmaceuticals (ENCY), US Airways (LCC), LEE Enterprises (LEE), Standard Pacific (SPF), and Mack-Cali Realty (CLI).

Notable New Highs: Lots of China-related stuff including Baidu (BIDU); Garmin (GRMN), Research in Motion (RIMM), Mastercard (MA), and EMC (EMC).

I’ll feature a weekly chart of Baidu.com (BIDU) since it came public in July 2005, and as it approaches its all-time high.

BIDU

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