The Naz looks poised to advance by 2% today, giving the bulls an early Christmas present, by the way.
As you know, [[RIMM]] will be posting quarterly numbers tonight. As you know, I am long the bitch from $18-101. It is one of my biggest positions and take pride in the fact that I’ve held it for the duration of its recent run.
However, I’m somewhat concerned by the recent price action, grossly underperforming other tech bellweathers, like [[AAPL]].
In short, the business is firing on all cylinders. The enterprise business is smoking hot, but may cool if the job market softens. They are poised to enter China, sometime in 2008, but face new competition from AAPL.
With my position, I am doing nada-thing. Should the numbers and guidance go gangster, the stock will be back to $130, in no time. On a bad number, RIMM goes to $85.
In other words, trading RIMM here is “garbagio,” a fancy type of garbage or bullshit.
Stay away, both long and shorts, if you like money.
23 Responses to RIMM=Garbagio
Fry — what u think of AZZ considering the Ag rampage?
AZZ is an infrastructure and galvanizing play.
You left your balls at WalMart, fairy.
Disclosure: I’m long RIMM from $0.01.
Go ahead, buy 15,000 shares—BOOMER style.
Any thoughts on BWLD here?
Calling all Boomers
dont drag me into this.
just exploiting your name for marketing purposes
Rage, you’re long a RIMM trade into earnings right? I wish you 123.94.
RIMM will lose 15% immediately after the earnings announcement. The conference call will reveal they are going into China in a joint venture with Mr. Limm and it will spike to $200.
Unless you have some inside information, holding a trade through earnings is gambling. Same odds as playing roulette and betting on black or red.
I rove lourette. Ist betta den tlowing dorrah at fluckhan MVIS.
GTOP about to blow. Option volatility went crazy this afternoon.
RIMM will then lose 40% tomorrow after it’s disclosed that Suk Mai Dong is really Mao Tse-Tung’s cross dressing nephew and it’s really him and not Mr. Limm who will hold the RIMM license in China.
nevermind I missed you closing that bitch out.
Tlader Cahddie, how you know dat? I arready hap LIMM ricense.
I not closs dlessa, just abelage guy who rike weayling 6 inches spike hears.
Rook rike LIMM rive to see anudder day.
The real garbagio is you. lol
I kept my risk low… sold some FXP to get in on some RIMM March calls. *ahem* money!!! but iÊ»m selling tomorrow! I will switch to puts come monday… More bad news coming.
AAPL will be the true winner… so much growth coming… just waiting for MacWorld. Then stay away from earnings if thereÊ»s a run up prior to report. or pick some far out call into april and cash out the next day…
GTOP won’t do anything unless it get FDA approval on their ONLY marketable product. If this gets dropped the stock goes to $0.50, which is how much cash GTOP has on hand.
Don’t get me wrong though…. I have a position… but it is risky.
kc, personally, i find that inside information improves my returns substantially!