iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,433 Blog Posts

RIMM Stole Christmas

From the bearshitters.

Right away, the pussified bearshitter will run to his filthy monitor, exclaiming: “hey Fly, you’re not really a bear. Now all of a sudden you’re a bull. Fuck you, man.”

No, fuck you–zoo fucker.

The only entity “The Fly” pledges allegiance to is his checking account balance (I am aware that my checking account is not an “entity” per se. However, I felt like writing it at the time). Everything else is just fodder.

As you know, [[RIMM]] is a top 5 position of “The Fly’s.” Granted, I didn’t have the stones to buy more yesterday; but I own a truckload. Also, in recent weeks, I’ve bought the dips.

Long story short, today’s surge in RIMM will do wonders for my year-to-date returns. With a few other stocks going my way, I might crack 20%.

Last year, I was up 27%.

Today we get a rally. However, there are stilll many issues out there that can poleax the market.

Use this melt up to get liquid.

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9 comments

  1. gmac

    Cashed my RIMM calls at market open… Eco news next week can blast this dayÊ»s gains to shreds… FXP may be $$$ next week

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  2. cigars3

    Well Kudos fly on your 27%, 20% returns, can’t complain about that.

    But if you would simply put all your clients money in PRSMX (T Rowe Price Emerging Markets fund), you’d find you have a lot more time to annoy your neighbors, terrorize the city, and build sand Castles with your children in exotic lands free of camels and goats.

    Think about it.

    ————-YTD—-1Yr—–3Yr—5 Year–10 Year
    Fund Ret. +39.71% +46.95% +39.40% +36.82% +16.74

    Until you can consistently beat this one, I’ll have to keep my money with them. And yes, It is solidly in the mid FIVE figures. Sorry.

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  3. The Fly

    Fuck you.

    Merry x-mas

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  4. JakeGint

    It will do “wonders” if you sell it now, fucker.

    Otherwise, you’ll be crying in your eggnog.

    Shorting away. Viz.

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  5. JakeGint

    Cigs… high flying mutuals are great until they aren’t.

    If you’re going to buy that shit, at least diversify yourself.

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  6. JakeGint

    GMAC, good call.

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  7. cigars3

    “Fuck you.

    Merry x-mas”

    And a happy fucking new year to you too!

    And Jake, I am diverisfied. This is my SEP I am talking about. Their New era fund and emerging mediterranian have performed equally well as in 40%’s for 5 years and almost 20% for ten. I wouldnt exactly call that shit. Some of their PMs are pretty damn good.

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  8. Bill aka NO DooDahs!

    Hey Fly, weren’t you at +40% earlier in the year?

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  9. gmac

    i was too busy w/other stuff. so, i couldnʻt get my FXP at the end of the day. still there may be some shaking out to do. Eco news could go either way.

    i am waiting for surer things… like earnings in AAPL. just as RIMM was today. i canÊ»t believe i missed buying CC puts. theyÊ»re getting whacked by BBY & Online retail…plus their management stinks. One good thing for them is trimmed competition with CompUSA going away

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