Rimm started to ring!

[TraderStavros]

Quote from pumpanddumper:

This stock is nuts, like GOOG nuts.

I wouldn't really call a 9.5% move on favorable earnings nuts. ($116 AH/ $106 close) It's definitely a wall street darling though.

...

Checked the screen before I submit, now at $118.50. So 11.7% on earnings isn't THAT crazy...

I'm going to hit submit now before I'm made a liar!

 

[kinggyppo]

They beat by $.03 and the stock is up $15.00, GS beats by $.30 and drops ten. So much for logic.

 

[wiesman02]

Quote from kinggyppo:

They beat by $.03 and the stock is up $15.00, GS beats by $.30 and drops ten. So much for logic.

You problem is you're trying to understand the 'logic' behind it.

Once you understand there is no logic behind it, you will understand better.

 

[stocktrader2007]

Its gonna be 15% boost.. If they announce RIMM Touch more is expected

 

[cszulc]

Nice move after-hours, eh?

Got out at $117.30, reversed position to be short 200 shares.

 

[wiesman02]

now why in gods name would u do a thing like that.

 

[ASusilovic]

Quote from cszulc:

Nice move after-hours, eh?

Got out at $117.30, reversed position to be short 200 shares.

 

[dtrader98]

Quote from dtrader30:

I heard on cnbc the option traders were betting a move of about 10% to the down side.

Well, assuming they heard that from the options traders, I guess now you know whether to believe what the options traders spread to the news.

 

[wiesman02]

Quote from cszulc:

Nice move after-hours, eh?

Got out at $117.30, reversed position to be short 200 shares.

How's that short doing now ? LoL

 

[sophiekay]

Rule #1: Never short RIMM after earnings.

Quote from cszulc:

Nice move after-hours, eh?

Got out at $117.30, reversed position to be short 200 shares.