Closing 2 Trades ($LNKD, $P, $BIDU, $AOL)

avatar By: IS
Date posted: 09.24.2012 (2:30 am) | Write a Comment  (0 Comments)

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I had announced that no new trades would be added as part of my long & short tech stock picks for the rest of the year. That being said, I still had 7 live trades and I will be closing out 2 of those this morning on the open.

Long LinkedIn (LNKD) & Short Pandora (P) +24,23%

This trade has been mostly about LinkedIn, a stock and company that has been extremely impressive despite the already high expectations

Long Baidu (BIDU) & Short AOL (AOL) -21,82%

Clearly, I’ve struggled in evaluating AOL (AOL) this year but Baidu has been an even bigger surprise as the Chinese economy continues to look very shaky
More on this topic (What's this?)
Think Like An Owner – Part 2
Read more on CLP HLDGS, Aol Inc, LinkedIn at Wikinvest
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