Bet the Ranch on ONE TRADE, let alone on ONE COMPANY that you don't fully understand.
Wall Street is essentially throwing out their financial "models" on RIMM and thus taking into consideration that many of RIMM's prodcuts have only recently begun to impact the revenue line.
Besides, who would want to short a company that has 14.65% of their float, or 8.45 million shares sold short as of November?
And you think you are gonna be able to hedge yourself in thin Holiday markets?
Not a chance!
Wall Street is essentially throwing out their financial "models" on RIMM and thus taking into consideration that many of RIMM's prodcuts have only recently begun to impact the revenue line.
Besides, who would want to short a company that has 14.65% of their float, or 8.45 million shares sold short as of November?
And you think you are gonna be able to hedge yourself in thin Holiday markets?
Not a chance!