SCOTT WELSH’S ANATOMY OF A GREAT TRADE Anatomy of a Great Trade: BIDU It seems like Chinese stocks are always in the news.
Sometimes China is a friend to the U.S. and sometimes it’s a mortal enemy.
Sometimes trade goes well and other times it seems like no one wants to trade with China ever.
Then, of course, there are all sorts of Chinese government regulations that can come out of nowhere and the general unsubstantiated feeling by traders that the Chinese stock market is manipulated.
In short, China always seems to be volatile.
And with volatility comes opportunities to grab Deep Value.
This happened with Baidu, Inc. (BIDU) not too long ago.
Here’s the chart:
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