im long some RIMM

Well I just bought more for the pull back. :D This thing has got monster earnings comming up. Who do you think is going to be dumping for this pullback? I think you just saw all the pullback your going to get.

Hmm, there was another post there I was responding to. It vanished all the sudden...:eek:

Hah, silly me. I bet I was looking at page one's last post. Old news. I am looking for a rally off the lows for some daily gains. Not a big rally, but RIMM should like it.

MMs are probably snaping up these prices so they got shares to gap it up tomarrow. They got plenty of headroom now.
 
Surprise surprise surprise. This is why when trading, keep plenty of cash on the sidelines to allow you to take advantage of opportunities. The President said last night that Geithner was ready with a clear and concise plan to fix the banks. Turns out its clear as mud and he will be making it up as he goes. If I had a clue how ill prepared this plan would be, I would have kept my short hedge on down. But on the flip side, sell offs present buying opportunities for the earnings blow out to come. So I bought more and we'll see if market makers gap it up tomorrow with the shares they most certainly bought low as well.

Today was certainly disappointing, but its my thinking that people are just desperately expecting more than humanly possible in the short term. I am still confident that Geithner will eventually get a plan in motion that will slowly help to ease the current credit crunch.
 
Fooy, why take the fun out of it. Everybody should trade naked all the time. And clinical studies have show that trading naked is healthier than trading any other way. :D
 
Holly cow, look at them jumping ship! I cant trade till 8am, but its still going down. I'm buying more asap, but its still going down. I normally dont trade in after hours but this is just too sweet.

This is the reason folks to never trade using your entire account. You never know when a huge buying opportunity will just plop before your feet next morning.

Ill buy some imediately and more if it goes down even further. You never know even with futures up.
 
Well, it now appears the selloff was triggered by a news release RIMM posted updating their current performance.

It said they reaffirm they will have 4Q earnings in line with what they predicted last quarter. They said they are getting over 20% increase in subscribers compared to what it was in 4Q 2007. They said momentum of subscribers has not slowed even though Christmas is over. So as I figured, they get kick backs from individual data feeds in addition to the phone sales.

Opps, I misread it. They are getting a 20% increase in subscribers over what they even predicted this past December. More and more people want these blackberries even in this really bad economic times.

Somebody at CNBC has shorted a boatload of RIMM and released another slanted and skewered news release.

I bought more really cheap. :D

As Crammer said, more slanted crappy news was bound to post creating buying oportunities for a company outperforming most everybody else.

Now CNBC calls RIMM glum forcast with all the sales performance they are pumping out. Its crazzy jurnalism, kind of like what was used to get Obama elected...

They are doing fantastic and my only worry is new airliners hitting buildings.
 
I kept telling you guys it was oversold and needed a pullback, but NOOOO...lol. I hope you guys didnt get stuck in that gap down. NOW its time to look for longs.
 
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