RIMM - ridiculous

H

Htrader

Guest
Wow, didn't think a multi-billion dollar stock could go up 50% in one day.

I normally don't do overnights, but I just had to short it at 69.25.
 
Quote from Specul8r:

I sold 200 Jan 04 - 65 calls yday... I not only just blew up my fund, but im debit two commas!!! :mad: :( :( :(
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But I bet you learned something. And that, my friend, is priceless.
 
Quote from Specul8r:

I sold 200 Jan 04 - 65 calls yday... I not only just blew up my fund, but im debit two commas!!! :mad: :( :( :(
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Is that why your fund won't answer the phone when I call? WTF!? OK, no BS, how bad is it? Should I be concerned?

arb.
 
Quote from riskarb:

Is that why your fund won't answer the phone when I call? WTF!? OK, no BS, how bad is it? Should I be concerned?

arb.
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Tell me yours and I will tell you mine...
 
it IS ridiculous, but I don't think it was a good idea to short it. Well if you look to cover tomorrow on a gap down in the morning , you could be right maybe there will be an inside day . But the way you phrase it " Ridiculous I am shorting " sounds dangerous.

It is very interesting though, EBAY, the Dow ... Is it the melt up some have foreseen? a lot of stocks still have to break out on the weeklies, they haven't exhausted buyers yet I think.
 
Quote from Kicking:

it IS ridiculous, but I don't think it was a good idea to short it. Well if you look to cover tomorrow on a gap down in the morning , you could be right maybe there will be an inside day . But the way you phrase it " Ridiculous I am shorting " sounds dangerous.

It is very interesting though, EBAY, the Dow ... Is it the melt up some have foreseen? a lot of stocks still have to break out on the weeklies, they haven't exhausted buyers yet I think.
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I admit the stock closed stronger than I would have liked. My stop is around the 71 area...and i'm looking to cover around 66 in a few days.
 
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