CNBC - Cramer's Mad Money
- Thread starter LaSalle
- Start date
Cramer said to buy buy RIMM yesterday above $75.
I thank the folks who took his advice and bought the $75 and $80 calls I wrote naked today.
$$$ Ka-ching! $$$
I thank the folks who took his advice and bought the $75 and $80 calls I wrote naked today.
$$$ Ka-ching! $$$
Just shows you what a tough market it is. Whadday ya want for a 92% jump in sales? Market has more to speak on RIMM. Did I mention the 92% increase in sales?Quote from Rearden Metal:
Cramer said to buy buy RIMM yesterday above $75.
I thank the folks who took his advice and bought the $75 and $80 calls I wrote naked today.
$$$ Ka-ching! $$$
PLMO: Market cap $1.2 Billion on $899 Mil annual revenues.
RIMM: Market cap $14.2 Billion on $1,350 Mil annual revenues (Worse, when including the $450 Mil lawsuit settlement).
Add in the coming Microsoft invasion of this field, and PLMO already telling us last month how bad business is these days...well, I knew RIMM was a ticking time bomb. $70 AH now, and IMO probably $66-$67 before closing tommorow.
I really don't compare Palms to Blackberry's anymore. Palms just haven't taken off with Corporate accounts the way Blackberry's have. I truly thing Palmone's market is dwindling, as many people are either getting suited with Blackberry's or smaller non-palm pc's. I do like RIMM more, and it looks to easy to compare to PLMO's last 2 earnings debacles (of course in fairness PLMO has more than recovered from it's loss a few weeks ago), this comparison is turning more into apples and oranges everyday.
FYI - i currently hold no position in RIMM. and I did short PLMO pre-earnings (tell ya I expected better than it gave me after the 30 min halt!)
just my $.02
FYI - i currently hold no position in RIMM. and I did short PLMO pre-earnings (tell ya I expected better than it gave me after the 30 min halt!)
just my $.02
His show is more an extension of a radio show than televised programming. His set is low budget and his use of sound effects amateurish for television. The lightning round where he gives his opinion on stocks called in from, ahem, allegedly unaffiliated people is a joke. Someone needs to write a computer program to track his performance in the lightning round recs. Occasionally he will provide some quality insight but that is more the exception than the norm. Like I said before, he is the Suze Orman of the swing trading and day trading crowd. In other words, overall he sucks.
Quote from Rearden Metal:
Cramer said to buy buy RIMM yesterday above $75.
I thank the folks who took his advice and bought the $75 and $80 calls I wrote naked today.
$$$ Ka-ching! $$$
Your welcome.....lol. I did a May 70 / 85 bull call spread. maybe he will have RIMM's CEO on tomorrow and I can exit at break-even.