Here's my plan of attack for RIMM tomorrow*....
short, long, long, short, long, long, short, long, short, short, short, long, short, long, long
*(Might not be in that exact order, but you get the idea). :D
1) It first appeared on Reuters. Strangely, Reuters cited CNBC as the source of the story...yet CNBC was covering the HPQ CEO's testimony and AT NO POINT did they ever mention RIMM or their earnings delay. A few seconds later, it hit Briefing, Dow Jones, and a few other news services.
2)...
Hi RM. I posted this on page 2 of the other RIMM thread....
I think this was a carefully planned strategy by someone BIG.
Two things really make me convinced...
1) Delaying the earnings release until 5:30 meant that there were far fewer traders around (and therefore a severe lack...
Thanks nazzdack....I thought the thread was going to be about a study that found high correlations between coal and gold prices.
Guess that's way to much to ask from ET these days.
The first headline that came out just seconds before the earnings release was about the "internal investigation into backdating of options". RIMM dropped almost almost 5 points (almost hit 80 dollars!!!). Then the #'s were released and it went ballistic.
Funniest part is that the company...
A trading venue in Birmingham? LOL.
You'll have better luck selling fur coats in the Caribbean. :D
Ok, if you are serious about this...call a couple of the larger prop houses and see if they will work out a deal with you to open a small branch in your area. I doubt you will get any...
WTF? I expected to see a bunch of midgets from the circus run out of the car. Those tin cans would LOSE in a head on collision with a MOTORCYCLE!.
Let the scrawny French fags have them.