iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

A Look at RIMM

Research In Motion Limited (USA) [[RIMM]] bounced perfectly from it’s July lows, to the penny. I like it here with a stop right below 101.80. That’s 4 down, 30 up– a nice risk/reward. I’m waiting to see to see how today’s tape plays out before taking a position, it’s one to watch.

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16 comments

  1. anon

    lol @ your headline pic

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  2. BPOE

    A man after my own style. Jeff Mackie says RIMM at 100 is the best Risk/Reward quick trade out their. Something just isn’t right in the market. I need about 7 trading days to get grip on this new trading season.

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  3. sniper6

    I feel a big bull rush coming on into the close.

    Or maybe that’s the ramen noodles I’ve been feasting on the last coupla days

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  4. Matt

    Ramen noodles? What about steak and lobster?
    Leftovers can always be found in
    Fly’s garbage cans out back.

    That Fucker likes to rub it in!

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  5. sniper6

    Yeah, that’ll be a switch. Usually I find flies in my garbage cans, now the Fly is gonna find me in his garbage cans.

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  6. sniper6

    DJIA to 11300 today

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  7. Matt

    Is AAPL is too over owned to work?

    This name is the bane of my existence

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  8. Danny

    AAPL will get sold into its product launch.

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  9. Matt

    Now everyone can feel warm and fuzzy!!

    GREAT a short covering rally closed their portfolios off the lows of the morning.
    I guess the smart money bought POT this morn and will sell it here.

    When will I be smart?

    Don’t answer that my delicate ego can’t handle too much honesty here.

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  10. Matt

    Oh by the way thanks to all who helped me from selling my TSO and buy WNR.

    Maybe I should have waited till Monday to thank you. : ) later tools

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  11. No One

    Ragin, or anyone else, are you following the FNM news? Wondering the best way to trade FNM on monday. The short position is large, so there might be a huge short covering after news. Or should I try to short the stock? What do think?

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  12. Matt

    with oil likely to be up on Monday do you think the refiners will be down or should they trade up with the market?

    Anyone?

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  13. No One

    Wow. Nevermind the previous silly comment….

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  14. Matt

    What’s so silly?

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  15. No One

    Not yours, mine. Refiners look like they can make a move up anytime, but don’t know if it will be on monday. If they can’t stay around where they are now at least, I wouldn’t hold.

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  16. fakestevejobs

    RIMM under $112 is a gift. I Should have grabbed this at $103 damnit.

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