RIMM - ridiculous

Discussion in 'Trading' started by Htrader, Dec 23, 2003.

  1. Htrader

    Htrader Guest

    Wow, didn't think a multi-billion dollar stock could go up 50% in one day.

    I normally don't do overnights, but I just had to short it at 69.25.
  2. I sold 200 Jan 04 - 65 calls yday... I not only just blew up my fund, but im debit two commas!!! :mad: :( :( :(
  3. But I bet you learned something. And that, my friend, is priceless.
  4. this thing has $100 written all over it....IMhumbleO of course
  5. why would you short the uptrend?

    why why why
  6. Is that why your fund won't answer the phone when I call? WTF!? OK, no BS, how bad is it? Should I be concerned?

  7. Rimm moves like stocks in 1999/2000 and EBAY hits an ALL-TIME high today.
  8. Tell me yours and I will tell you mine...
  9. it IS ridiculous, but I don't think it was a good idea to short it. Well if you look to cover tomorrow on a gap down in the morning , you could be right maybe there will be an inside day . But the way you phrase it " Ridiculous I am shorting " sounds dangerous.

    It is very interesting though, EBAY, the Dow ... Is it the melt up some have foreseen? a lot of stocks still have to break out on the weeklies, they haven't exhausted buyers yet I think.
  10. Htrader

    Htrader Guest

    I admit the stock closed stronger than I would have liked. My stop is around the 71 area...and i'm looking to cover around 66 in a few days.
    #10     Dec 23, 2003