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RIMM $33 or $53?
- Thread starter newguy05
- Start date
Quote from atticus:
Net winning? RIMM crept up to $70 and then crashed to $22. You made no mention of an exit. There was no "25% winner" on RIMM. You also recommended it again near $60 and again at $47. Both adds resulted in catastrophic losses for you.
Buddy, buying RIM at $47 CDN in 2010 was a good trade. I could explain this to you but it would go over your head.
The more you post crap the more amateurish you are looking.
Basically, what you are claiming is, anytime somebody posts a trading idea ( no specific entry ), and fails to moniter it like a journal posting every potential entry and exit, that it must be assumed that no matter what news or event occurs they are holding the position.
I've seen that "Denner" idiot has the same theory.
In reality, I have actually posted in the past that I held no position in RIM. I've actually also made it abundantly clear that my main trades are short term options trades, with the longest duration being two months long. For an example, I specifically posted a recommendation to buy near month calls on TD and RY going into March earnings.
It is indeed puzzling that you continually post as evidance posts recommending trades that are either break even or winning trades, as evidance of catastrophic losses. You cherry pick posts because to look at the whole body of work with proper reference to my posted trading strategies would blow your whole theory out the water.
Quote from atticus:
You and NE would make a great pairing. I think you two should run with it. "Tax Loss Capital Management"
Show me your best stated trade involving RIMM on this site with specific entry point and exit point. Anything. Nevermind the call you made to short it to $10 the last time it hit $25. We all know that was a mediocre call,
Then I'll show you mine. It made 25% in 6 weeks. Put up or shut up.
Quote from Nine_Ender:
Buddy, buying RIM at $47 CDN in 2010 was a good trade. I could explain this to you but it would go over your head.
The more you post crap the more amateurish you are looking.
Basically, what you are claiming is, anytime somebody posts a trading idea ( no specific entry ), and fails to moniter it like a journal posting every potential entry and exit, that it must be assumed that no matter what news or event occurs they are holding the position.
I've seen that "Denner" idiot has the same theory.
In reality, I have actually posted in the past that I held no position in RIM. I've actually also made it abundantly clear that my main trades are short term options trades, with the longest duration being two months long. For an example, I specifically posted a recommendation to buy near month calls on TD and RY going into March earnings.
It is indeed puzzling that you continually post as evidance posts recommending trades that are either break even or winning trades, as evidance of catastrophic losses. You cherry pick posts because to look at the whole body of work with proper reference to my posted trading strategies would blow your whole theory out the water.
Nothing is cherry-picked. No exits. All of your RIMM "recommendations" were longs with massively-skewed risk. 10% upside and 60% downside.
Anyone can (and the links are posted in this thread) search the 50+ posts in which you're involved in RIMM discussions and see you buying the top in RIMM.
$62 to $22.
Quote from atticus:
Nothing is cherry-picked. No exits. All of your RIMM "recommendations" were longs with massively-skewed risk. 10% upside and 60% downside.
Anyone can (and the links are posted in this thread) search the 50+ posts in which you're involved in RIMM discussions and see you buying the top in RIMM.
$62 to $22.
No exits ? What about no entries ?
Massively skewed risk ? Are you on drugs ? Its a news driven stock, the risk is controlled.
What is the date on that top on RIM ? Where am I posting buy at the top ?
Keep digging yourself a deeper grave. This is no challenge.
Quote from Nine_Ender:
Show me your best stated trade involving RIMM on this site with specific entry point and exit point. Anything. Nevermind the call you made to short it to $10 the last time it hit $25. We all know that was a mediocre call,
Then I'll show you mine. It made 25% in 6 weeks. Put up or shut up.
I never made a call to "$10" I said it was dead at $30 and would only be a possible long if were trading at cash ($10). Stock never traded above $31. No position.
http://www.elitetrader.com/vb/showthread.php?s=&postid=3213125&highlight=rimm#post3213125
I haven't traded RIMM shares since 1/07/08 when I bot the swing low at 93. It rallied 50% from there.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1739084&highlight=rimm#post1739084
Your "25%" trade does not exist on this site.
Quote from atticus:
I never made a call to "$10" I said it was dead at $30 and would only be a possible long if were trading at cash ($10). Stock never traded above $31. No position.
http://www.elitetrader.com/vb/showthread.php?s=&postid=3213125&highlight=rimm#post3213125
I haven't traded RIMM shares since 1/07/08 when I bot the swing low at 93. It rallied 50% from there.
http://www.elitetrader.com/vb/showthread.php?s=&postid=1739084&highlight=rimm#post1739084
Your "25%" trade does not exist on this site.
Oh no, I can play your game. You were shorting to $10 buddy, probably buying $15 puts that expired worthless. No exit was posted so you must have had catastrophic losses. I posted it so it must be true.
25% trade post exists on here somewhere. I said buy RIM, INTC, TXN with 25% target. Only INTC didn't go up ( flat ). One of the few specific trade calls I posted on this site.
Keep digging. Gotta love the way you take trading ideas, put your own spin on them and invent your own exit points.
Note, as an options trader, have you not any idea how much premium RIM calls for say July 2011 would have cost back in January ? I don't even like two months out on RIM never mind 6 months.
Quote from Nine_Ender:
Oh no, I can play your game. You were shorting to $10 buddy, probably buying $15 puts that expired worthless. No exit was posted so you must have had catastrophic losses.
25% trade post exists on here somewhere. I said buy RIM, INTC, TXN with 25% target. Only INTC didn't go up ( flat ). One of the few specific trade calls I posted on this site.
Keep digging.
Exists somewhere?
Quote from Nine_Ender:
Keep digging. Seems important to you. Gotta mention though, you really shouldn't have bought those RIMM $15 puts, that's like throwing money away buddy !
Sample candidates? That's a trade recommendation?
http://www.elitetrader.com/vb/showthread.php?s=&postid=3051672&highlight=intc+rim#post3051672
That can't be what you're referring to. So you rode your "sample candidate" from $50 to $22?