RIMM short term play

Discussion in 'Stocks' started by faure, Oct 10, 2007.

  1. RIMM is too solid of a company for the smart money to ignore at this price. I'm betting very green by Monday.
     
    #11     Oct 11, 2007
  2. romanvm

    romanvm

    Sold about an hour before the brake down. Was very tempting to hold longer though..
     
    #12     Oct 11, 2007
  3. Here is a shot of the 1st RIMM move down.
    :)
     
    #13     Oct 11, 2007
  4. and people say everyone here is bearish? yikes now people start posting trades on these momo guys?
     
    #14     Oct 11, 2007
  5. Bailed on my RIMM Nov calls today at 7.10. I wanted to play some ideas on oil related stocks, so I sold as soon as the market opened, so I got out prior to the sharp drop. If RIMM drops to 105 or below, is anyone buying?
     
    #15     Oct 15, 2007
  6. i could never go long a company that pushes its products through the system to make their numbers.
     
    #16     Oct 15, 2007
  7. faure

    faure

    Got stopped out of the BIDU long the next day - near the lows. But still holding RIMM from 111 and now at 117. May as well move the stop to b/e. Doesn't take a genius to see it's likely to make new highs.
     
    #17     Oct 18, 2007
  8. I sold out at 115 like a chump unfortunately :). But I'll be right back in on a pullback
     
    #18     Oct 18, 2007