Tag Archives: CMG

Hindsight Trader: $BIDU $CMG

Looking back at today’s trading day there are a few names that played a big role. First was BIDU; last night BIDU tanked on an unexpected revision of earnings. This morning shares had surprisingly rallied all the way back and then some. In this article I will go over why I think BIDU rallied so much and how I was able to make almost double my money betting that it would fall back down. I will also go over CMG and what I see for this stock tomorrow. In going over my two trades I will discuss what I did correctly, incorrectly, and whether the structure could have been changed.