Posting of Real-Time Trades and a VERY SIMPLE technique that makes TRADING SIMPLE!!!
Wednesday, June 25, 2008
RIMM
Exactly, 1st quarter this year I rode it from 106-124. You think they'll blow out like they usually do???? Definitely is overbought like you said but I think $160 possible if market holds up and they blow out JMO
I've been seriously considering buying some puts against them as I too think they are way over bought. That said, there's nothing rational about this market so.....
Granted, one time that will not happen and the selling will be very intense, but I'd probably bet on a pop up, then retreat in weeks to come. CFO's have gotten good at massaging numbers these days. ;)
2 comments:
I've been seriously considering buying some puts against them as I too think they are way over bought. That said, there's nothing rational about this market so.....
These guys always seem to pop at earnings time.
Granted, one time that will not happen and the selling will be very intense, but I'd probably bet on a pop up, then retreat in weeks to come. CFO's have gotten good at massaging numbers these days. ;)
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