Rimm

Quote from Jesus:

rimm is the worst stock in the world to buy and put away imo. Just cause its way off its high doesn't mean it cannot go lower.
Let's all remember IPIX !!
Or has everyone forgotten ?
 
I got in originally at 64 with a covered call strategy. Since then, I averaged down at 58 and sold more covered calls (NOV 70s). I will continue to hold and reduce average price. Paired this off with a Palm short at $16, since covered and I am now short MOT
 
Quote from Pension_Admin:

When the market zigzag, it trend up.

I don't know why, but this is a pretty strong stock.

I wonder how it would do in an up market.

PA

We are in an up market. I'm thinkng the general markets have another 3% to 5% to go before they begin to turn down...new highs be damned.

I feel like I killed Rimm's run because it dropped more than $1 after I washed my hands of it's ascent. It could make another run toward the $65 mark tomorrow (only), but then I think it will start moving down for a while.

Too specific? We'll see.

SM
 
RIMM's 2B Top Pattern with Price Targets

Regards,
Suri

attachment.php
 

Attachments

Back
Top