RIMM 3/1 split

Discussion in 'Options' started by insaneinvestor, Aug 14, 2007.

  1. Anyone else loading up on calls for RIMM 3 for 1 split next week?
  2. Why do you necessarily assume the split news will lead to even more run up in the price?
  3. When something trades over $200 per share and then I can get it for +- $70, that sounds like a good time to get in if you ask me. :D

    Why does anyone assume anything?

    I call it speculation more than assumption.
  4. No. You're going to get a situation where you have "professional selling" versus "retail buying". The pros prevail each time. Besides, it would be a good time to fill in that gap too. We'll see how it plays out.
  5. What exactly does that mean? :confused:
  6. XM911E3


    Think it's ' net order imbalance indicator ' aka NOII. I am using Nasdaq NOII level II and it seems quite accurate though.
  7. How do I use this NOII you speak of?
  8. spindr0


    "I can get it for +- $70 "

    Buy 33 shares right now and you can have the same position as 70 shares, post split :)
  9. be that as it may,
    70 shares at $254 = $25,146
    33 shares at $762 = $25,146

    I am of the mind that if I have 70 shares of something, and lets just say it goes up 20 points, I will make 1,400 as opposed to the 33 shares of the same thing that goes up 20 points making me 660.

    If I am wrong about that (the facts not the speculation) I don't know what I will do, but it will be drastic. . .

    Therefore, I speculate. :D
  10. Anyone who would buy it at $68 or pay $6,800 for 100 shares post split would simply by 33 shares at $206 now.

    After the split they will have about 100 shares at $68 if it happend right now. SO whether you buy 100 shares post or 33 pre, you are in the boat.

    The split changes nothing.
    #10     Aug 14, 2007