Just watch his posts and look for fades.
im long some RIMM
- Thread starter cashmoney69
- Start date
Just watch his posts and look for fades.
You idiot, I do take offense you dick weed. Any half way intelligent person would know that I cant be a slouch, living the life I do. But its clear that besides the good info people share here, there are a lot of jealous big mouth name callers as well. So why don't you just leave since you offer nothing useful here.
LOL. Go concentrate on your demo account, bud. Nice strat on RIMM, btw
Aaaa, your just a wanabee idiot. Certainly, I'm not too happy about loading up for a bounce rally and being surprised a mer few hours later by an unexpected earnings warning in the face of record sales we have been seeing from this company. It was an incredibly stroke of bad luck, and it happens. Its the risks of trading. Sometimes all the homework you do is not enough protection. But, profits go up and profits go down. But, I'll just trade it back up again. I sold off 3000 shares yesterday at 50.50, gaining part of my profit back. It gapped down today with anemic interest, so Im still deciding when to stick it back in. Ill trade it back up. There's just no doubt about it.
But you know, you must have really lost your arss to be kicking others around you like you are. But a lot of people got caught surprise long as confirmed by the huge volume sell off. Even now there is only a 3% short interest. But RIMM is not dead as we still see multipoint swings, so the trading continues for those that lived to trade another day.
I don't know who you are, but I hope your life eventually turns around so you don't feel the need to harras others around you.
But you know, you must have really lost your arss to be kicking others around you like you are. But a lot of people got caught surprise long as confirmed by the huge volume sell off. Even now there is only a 3% short interest. But RIMM is not dead as we still see multipoint swings, so the trading continues for those that lived to trade another day.
I don't know who you are, but I hope your life eventually turns around so you don't feel the need to harras others around you.
Too long. Didn't read.
Alright, this is what this moron here did. Stuck 4000 share in at 47.80 and sold off 1000 at 48.75. So I made almost a point and dropped the rest of my shares 2.7 point further down the RIMM price ladder. So now I can stomach a further gapping down of the price and be no worse off than I was before. Who knows how the stimulus will stimulate the market, but I am thinking that people might just like it and rally the market up next week. If the market hated it, you would think it would have sold down more. So I want my shares in to have a chance at recovering, or at least profit taking opportunity.
I just keep jacking on this thing until I get back to where I was and beyond. I had my bad day, but I'm recovering from it, and there are going to be good days too with just as much upside.
Thats my strategy at least for the short term because this still seems to be a tradeable stock. Buy and holds will never get anywhere for the rest of the year. But trade these suckers vigorously, and make tons of money while prices lay here on the bottom. They wont be down here forever so trade them while there cheap.
And be civil, no point in name calling. Everybody has their strategy and its whatever works for you. Everybody has a loosing streak at somepoint or other and its all part of trading. After all nobody is right all the time.
I just keep jacking on this thing until I get back to where I was and beyond. I had my bad day, but I'm recovering from it, and there are going to be good days too with just as much upside.
Thats my strategy at least for the short term because this still seems to be a tradeable stock. Buy and holds will never get anywhere for the rest of the year. But trade these suckers vigorously, and make tons of money while prices lay here on the bottom. They wont be down here forever so trade them while there cheap.
And be civil, no point in name calling. Everybody has their strategy and its whatever works for you. Everybody has a loosing streak at somepoint or other and its all part of trading. After all nobody is right all the time.
Incredibly dangerous thought pattern. Who says this is a bottom? Who says the market, and RIMM can't go lower?
Be careful. I remember when people were loading up on Lucent when it "bottomed" at $50 and $40 and $30 and $20 and $10 and $5 and $3 and...................................................
Yea you definately need to be carefull. Never trade with your whole account. I find it is safer to break my account into 10 pieces, what ever it is. That way when something happens like what happened to me, you still have good amunition to effectively trade those lower prices that just fell in your lap. And its also best if you stay away from margin. For one, they charge you interest and Im kinda a cheapskate. But also margin can make you dump everything at a huge loss if you get a crushing dive. But for now, the market is in a range, so stick with good stocks that already anounced their bad news, and the downside remains limited and manageable with trading disipline. And always think of whats comming up in the news big picture wise. Ill trade next weeks rally, but then Im looking for an exit.
The auto makers are going to be hitting the news soon after all these bailouts are celebrated. Could be a very turbulent time. And Geithner is going to be sending armys into banks when he is all setup. Those discoveries will also generate unpredictable activity and some banks will be shut down. We are going to be up and down, back and forth, very quickly. But I still think downside is limited as bad news is bad news, and people keep jumping in buying it up the next day. Crushes come back pretty quick so they end up being buying opportunities.
Just keep your fingers crossed that a dirty bomb in a big city doesn't go off. That will certainly cause a capitulation type sell off of the type the big money wishes we would get.
The auto makers are going to be hitting the news soon after all these bailouts are celebrated. Could be a very turbulent time. And Geithner is going to be sending armys into banks when he is all setup. Those discoveries will also generate unpredictable activity and some banks will be shut down. We are going to be up and down, back and forth, very quickly. But I still think downside is limited as bad news is bad news, and people keep jumping in buying it up the next day. Crushes come back pretty quick so they end up being buying opportunities.
Just keep your fingers crossed that a dirty bomb in a big city doesn't go off. That will certainly cause a capitulation type sell off of the type the big money wishes we would get.