SHORT RIMM before earnings

RIMM should continue the up move after the gap up (made on 10/5) on strong volume. Only smart money can sustain a gap up on heavy volume. I wanna be on smart money side. The move up should continue on 10/8. Hope the shorting dude covered or reversed his position.
 
Quote from polpolik:

I just had to bring this discussion up...

*bump*

to the OP, so how goes the shorting strategy?
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OP is never going to trade again....

betting agnst china and growth stock is too damm risky...
 
Quote from Anekdoten:

Do yourself a favor and stop trading like that.

Anek
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This is my style and works for me.. I have no losses in the past 1 1/2 years.. I am FLAT RIGHT NOW.

everyone has their own style and personality.. you need to find a method that works for you.. i think I learned that at http://www.stockteacher.com great course. anyways I am off Greece for vacation.. back to trading in January. Best to all
 
Quote from kingliam:

You were all scared..I added all the way up to the 130's, avg Price with full position 117.23 made over 16K on simple trade..
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That trade was awful.

No way to justify letting a stock run 40% against your original short.

You could do this right 10 times in a row, and the 11th time will wipe out your entire account.
 
Quote from kingliam:

This is my style and works for me.. I have no losses in the past 1 1/2 years.. I am FLAT RIGHT NOW.

everyone has their own style and personality.. you need to find a method that works for you.. i think I learned that at http://www.stockteacher.com great course. anyways I am off Greece for vacation.. back to trading in January. Best to all
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Looks like Nick Leeson now posts on ET :D
 
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