RIMM ==> The USVI Winner!

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  • New-born baby
    Senior Member
    • Apr 2004
    • 6095

    #91
    Originally posted by skiracer View Post
    I just wish that NB would have mentioned all his trading with the puts and calls on RIMM as he was doing it or that day instead of this much afterward. I would have liked to have heard his strategies and the logic behind them as the trades were made, and also that he was doing it. we've been talking about the stock and which direction it was going to go in and he never mentioned any of this beforehand or while he was doing it or contemplating doing it.
    Ski, I am a man on the run, and have been since February. Yesterday I spent all day trying to clean off my desk, (filing, filing and more filing!) and I didn't get it completely done. Translation: no time for a thorough job of posting. But I'll try to do a little better, but I am very pressed for time. That's why I gave up my threads. But I really do enjoy your imputs, Ski, because I respect your trading skills, just like I respect Spike. Your comments are most welcome!

    Now where is RIMM headed next?
    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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    • skiracer
      Senior Member
      • Dec 2004
      • 6314

      #92
      Originally posted by New-born baby View Post
      Ski, I am a man on the run, and have been since February. Yesterday I spent all day trying to clean off my desk, (filing, filing and more filing!) and I didn't get it completely done. Translation: no time for a thorough job of posting. But I'll try to do a little better, but I am very pressed for time. That's why I gave up my threads. But I really do enjoy your imputs, Ski, because I respect your trading skills, just like I respect Spike. Your comments are most welcome!

      Now where is RIMM headed next?
      i like the market to the upside but this morning lehman downgraded a number of financial stocks, Goldman Sachs in particular, and several others and that will have some kind of effect on the open and the next couple of hours. whether it rules the whole day is strictly conjecture. i believe RIMM follows whatever the market does today. if the market goes down from yesterdays close then i wouldn't expect RIMM to go up. but I wouldn't be trading to much other than a day trade, either long or short, in this market right now. good luck with that trade and the options. to much in that whole position for me to think about and keep on top of with all the calls and puts and managing them to keep them above water but it does look like the long side could be a winner. i think breakeven from here is going to be the outcome at best.
      THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

      Comment

      • jiesen
        Senior Member
        • Sep 2003
        • 5323

        #93
        RIMM taking it in stride

        Although it took a $2 hit at the open, with the dow down about 100, it's managed to recover the loss, and is even up a buck, while the market's only recovered about halfway. I say RIMM hits 86 by next week, whether the market goes up or down a percent or two. Might even happen tomorrow, if the market cooperates. Anyway, I've got my limit order in for 85.9.

        Comment

        • skiracer
          Senior Member
          • Dec 2004
          • 6314

          #94
          Originally posted by jiesen View Post
          Although it took a $2 hit at the open, with the dow down about 100, it's managed to recover the loss, and is even up a buck, while the market's only recovered about halfway. I say RIMM hits 86 by next week, whether the market goes up or down a percent or two. Might even happen tomorrow, if the market cooperates. Anyway, I've got my limit order in for 85.9.
          I hope it hits your target Jiesen.
          THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

          Comment

          • jiesen
            Senior Member
            • Sep 2003
            • 5323

            #95
            Sold RIMM for 85.7

            Nearly hit my target just now, but it was darn close, so I lowered it to 85.7 and it hit that. I'm out with my 15%!

            Thanks, $$MM, you are HUGE!

            Comment

            • skiracer
              Senior Member
              • Dec 2004
              • 6314

              #96
              Originally posted by jiesen View Post
              Nearly hit my target just now, but it was darn close, so I lowered it to 85.7 and it hit that. I'm out with my 15%!

              Thanks, $$MM, you are HUGE!
              ya gotta take it when you got it in your hand. good show Jiesen.
              THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

              Comment

              • jiesen
                Senior Member
                • Sep 2003
                • 5323

                #97
                Thanks, Ski!

                Yep, I agree. A bird in the hand is always better than one in the bush. I'm especially glad to have caught this one early this morning (early birds and worms, right?) since 85.9 was barely missed today, and I could have ended up holding over a long weekend, when anything could happen!

                No, I'm much happier sitting on my cash profit, ready for the next pick- or for RIMM to come back down to the 60's for another ride up.

                Comment

                • Karel
                  Administrator
                  • Sep 2003
                  • 2199

                  #98
                  O ye of little faith! 20 mins ago I sold RIMM for 86.01.
                  $$$Mr.Market$$$ is S U P E R H U G E ! ! !

                  <happy snoopy dance />

                  Regards,

                  Karel
                  My Investopedia portfolio
                  (You need to have a (free) Investopedia or Facebook login, sorry!)

                  Comment

                  • New-born baby
                    Senior Member
                    • Apr 2004
                    • 6095

                    #99
                    Spike's Bear Suit

                    Spike's got his bear suit on again, folks. Take notice!
                    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                    Comment

                    • Karel
                      Administrator
                      • Sep 2003
                      • 2199

                      Originally posted by New-born baby View Post
                      Spike's got his bear suit on again, folks. Take notice!
                      And while you are taking notice, please also notice the change at the top of the screen!

                      Regards,

                      Karel
                      My Investopedia portfolio
                      (You need to have a (free) Investopedia or Facebook login, sorry!)

                      Comment

                      • New-born baby
                        Senior Member
                        • Apr 2004
                        • 6095

                        Originally posted by Karel View Post
                        And while you are taking notice, please also notice the change at the top of the screen!

                        Regards,

                        Karel
                        Do you mean that MM sold RIMM?
                        pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                        Comment

                        • Karel
                          Administrator
                          • Sep 2003
                          • 2199

                          Originally posted by New-born baby View Post
                          Do you mean that MM sold RIMM?
                          Old news by now, but yes!

                          Regards,

                          Karel
                          My Investopedia portfolio
                          (You need to have a (free) Investopedia or Facebook login, sorry!)

                          Comment

                          • spikefader
                            Senior Member
                            • Apr 2004
                            • 7175

                            Originally posted by New-born baby View Post
                            Spike's got his bear suit on again, folks. Take notice!
                            Not any more......

                            Comment

                            • IIC
                              Senior Member
                              • Nov 2003
                              • 14938

                              Originally posted by New-born baby View Post
                              Spike's got his bear suit on again, folks. Take notice!

                              Originally posted by spikefader View Post
                              Not any more......
                              Can't say I blame you as the FED will drop the rate next week and most investors are dancing in the streets while Rome burns...But we gotta take it when it is there and it is certainly there for the pickin'...for now anyway...Doug
                              Last edited by Karel; 09-14-2007, 02:18 AM. Reason: quote repaired
                              "Trade What Is Happening...Not What You Think Is Gonna Happen"

                              Find Tomorrow's Winners At SharpTraders.com

                              Follow Me On Twitter

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                              • New-born baby
                                Senior Member
                                • Apr 2004
                                • 6095

                                Originally posted by IIC View Post




                                Can't say I blame you as the FED will drop the rate next week and most investors are dancing in the streets while Rome burns...But we gotta take it when it is there and it is certainly there for the pickin'...for now anyway...Doug
                                Doug,
                                You're the best!
                                pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                                Comment

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