anyone want to ride this one along with me... all the way back to <100?!! wait! IS that actually possible?! why of course not! just like 60 to 140 in a few months was im-possible! that gap will remain open forever! comments? (uh... why do i feel like a sucker-punch is waiting to happen by posting this on RIMM?! ) IcE
I'm going to go with there being only a couple million tradablel shares out there (until the institutions start selling). Most of those are already borrowed short. I wouldn't be surprised if we see another short squeeze.
that's possible -- may take a month or more for this one to crash. who knows maybe it makes new highs first!
i am trading it intraday for the meantime...not showing enough weakness yet to short and hold for any length of time. but it is definately on my watch list.
i was short this on Friday at 142 and covered at about 141, still regretting it, could have made 12 dollars on it.
When you get to the top, there is but only one way to go. Unless you get so dam high you start floating in outer space.
May take a couple months longer than that as they have two new handsets coming out early next year that could keep the hype alive for another quarter.