CROX, RIMM and other bubbles

Quote from heilbronner1:

The samt was true with AOL in 1999. EPS growth, sales, EBITA and .... Take a look at it now.

I assume you are not in the trading game for a decade, are you?
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Anybody reasonable could have looked at the fundamentals of AOL and known it was a bad company. People weren't going to download on 56K modems forever... their business model junk mail and slow internet.
 
You think corporate users, cell phone carriers, people paying through the nose for BB email ($50 per month for non corp user) etc is going to go on forever? Top was in RIMM past few weeks...never going back up there..This thing will be back below 100 very soon...CSCO comes to mind. Great company etc...but bear market and reality will get this valuation much lower...All those EPS growth explanations etc...you can kiss goodbye...Makes sense on the way up..not now...
 
Quote from heilbronner1:

The samt was true with AOL in 1999. EPS growth, sales, EBITA and .... Take a look at it now.

I assume you are not in the trading game for a decade, are you?
More...


I am in the trading game more than you are.

What is now matters, whats is not going to be tomorrow won't matter, cause we move on.

You cannot compare AOL with RIMM.

I trade RIMM, made lots of it going up. Sold it near 136, option, calls, naked puts you name. Now it comes down we get in again.
 
Quote from Rugby:

You think corporate usesr, cell phone carriers, people paying through the nose for BB email ($50 per month for non corp user) etc is going to go on forever? Top was in RIMM...nrver going back up there..This thing will be back below 100 very soon...
More...


Nothing is forever.

Look at Starbucks, Whole Foods they lasted for a while didn't they? RIMM will last for sometime, than something new will come along, and than something else. That is the game, play those leading momentum stocks, maximize your profits and than move on...

.... I ain't going to sit here and nurse some sick companies with low multiples parked near Bankruptcy Courts and call myself a hero if I manage to come out making 20% returns. I leave those those to " value investors" and let them puff on the cigar butts.
 
Quote from heilbronner1:

Stock bubbles start to bust. Crox is only the beginning, others like RIMM will follow soon.

I have seen it all in 1999.
Names those days were CMGI, EXDS, ATHM, BCMS, DCLK...
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Another down day for RIMM?
 
These tech stocks are in a world of trouble....Cramer recent pump of the four horseman (rimm included) was the kiss of death.

Very remincient of his pumping and pimping of now bankrupt internet names in 2000. Apparently alot of money was hiding in the momo bunch....
 
I only subscribe to a few technical signals, most don't seem to work (my opinion). One is the adage that gaps have a tendency to get filled.

Have a look at this gap chart for CROX, it's got support from Gap #1; could fill Gap #2 .

Thoughts? I know, I know, I hate the shoes too.
jmh0
 

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