rimm

RIMM is my cursed stock.. I almost always lose cash when I trade it.

I woke up late this morning and attempted to call the top of the retracement figuring it would pop down again once it closed the gap... I even allowed a little extra room since RIMM likes to fake you out a lot.

So I shorted at 131.78 figuring it would pull back to 130.75 before resuming its run... boy was I wrong :)

so what does the future hold for RIMM ? Is it 100% up from here ? ;)
 
Its allready close to its average daily vol. This am they bought the crap out of this stock. Lets see what happens @ 135(if it goes there).



Let it show some weakness before you short it.
 
Quote from Rugby:

I think the the expectations were too high as the esteemed chartist Michael Scott noted last week....

Apprently, people were looking for GOOG look blowout. There are some issues that might be behind this. If you do not yet have a RIM device I think they will be getting cheaper....

http://articles.moneycentral.msn.com/Investing/StreetPatrol/ToughTimesAheadForBlackBerryMaker.aspx
More...

esteemed chartist..lol you have to be kidding me. Michael scott doesn't know his butt from a hole in the ground

RIMM has surged ..I am right


It trades at 165,...a whole 30 points higher!

stock_trad3r
 
Quote from Anunakki:

RIMM is my cursed stock.. I almost always lose cash when I trade it.
More...

Welcome to the club. IMO RIMM is a better day trading stock than anything else. ICE, FWLT, MA also.

cm
 
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