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

By: ispeculatornew
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
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