Rimm started to ring!

Discussion in 'Stocks' started by stocktrader2007, Dec 14, 2007.

  1. I wouldn't really call a 9.5% move on favorable earnings nuts. ($116 AH/ $106 close) It's definitely a wall street darling though.

    ...

    Checked the screen before I submit, now at $118.50. So 11.7% on earnings isn't THAT crazy...

    I'm going to hit submit now before I'm made a liar!
     
    #21     Dec 20, 2007
  2. They beat by $.03 and the stock is up $15.00, GS beats by $.30 and drops ten. So much for logic.
     
    #22     Dec 20, 2007

  3. You problem is you're trying to understand the 'logic' behind it.

    Once you understand there is no logic behind it, you will understand better.
     
    #23     Dec 20, 2007
  4. Its gonna be 15% boost.. If they announce RIMM Touch more is expected
     
    #24     Dec 20, 2007
  5. cszulc

    cszulc

    Nice move after-hours, eh?

    Got out at $117.30, reversed position to be short 200 shares.
     
    #25     Dec 20, 2007
  6. now why in gods name would u do a thing like that.
     
    #26     Dec 20, 2007
  7. :confused: :confused: :confused:
     
    #27     Dec 20, 2007
  8. Well, assuming they heard that from the options traders, I guess now you know whether to believe what the options traders spread to the news.
     
    #28     Dec 20, 2007

  9. How's that short doing now ? LoL
     
    #29     Dec 20, 2007
  10. Rule #1: Never short RIMM after earnings.

     
    #30     Dec 20, 2007