RIMM ==> The USVI Winner!

[New-born baby]

Mm

MM,
Why do you love stock splits? RIMM splits 3:1 on August 20. What benefit will that be to share holders?

[ninner]

Not Yet

But Im Watching ...it Hasnt Broken A Swing Point Yet???

[New-born baby]

I WAS up a big 8% yesterday and today so far im up over 5%

You are shorting RIMM?

[ninner]

I WAS up a big 8% yesterday and today so far im up over 5%

[Karel]

I'm actually up over 1% today, thanks to MFLX, PSPT, and my ~25% position in LJPC. Go figure!

Good for you! I was down over 4%!

And back on topic, I am in on RIMM too, 221 something.

Regards,

Karel

[jiesen]

I'm actually up over 1% today, thanks to MFLX, PSPT, and my ~25% position in LJPC. Go figure!

[mrmarket]

I'll be reduced to rubble if the market continues this trend!

[New-born baby]

Ernie, I have never had a clear picture about what you are doing until now. I appreciate your openness and candor. I have some embarassing losses too that I am waiting to recoup. You are the greatest, and more power to you and your system! River

He's a real man.

http://members.aol.com/ebarsamian

Thank you for your quick response.

[riverbabe]

http://members.aol.com/ebarsamian

Ernie, I have never had a clear picture about what you are doing until now. I appreciate your openness and candor. I have some embarassing losses too that I am waiting to recoup. You are the greatest, and more power to you and your system! River

[mrmarket]

http://members.aol.com/ebarsamian

I'm just starting to get back to this site and I can't find the historical trade results anywhere.

Can anyone post then link.

Thanks for you help...and like the RIMM call...just wish Balsillie could have brought another team north

[mrmarket]

Maybe I don't understand the system.... but if I take your open and closed positions over the last 3 years on your homepage and add up open and closed gains, they are very close to the same.

(assuming $1000 invested in each stock)

Open positions = loss of about $4950
Closed positions = gain of about $5200

So can you help me understand the benefit of the system? Perhaps there should be a stop loss of say 15-20% - large enough so that your gains (most of them) would be maintained but not at the risk of losing upwards of 50% on some stocks). Also while those open stocks are sitting at such a loss for a long period of time, that money could be used for the other good stocks that your system filters out.

Just curious

Warren

Your question regarding stop loss has been analyzed extensively on this forum. Data has been back tested and it has been proven that stop losses would yield inferior returns.

[mrmarket]

Maybe I don't understand the system.... but if I take your open and closed positions over the last 3 years on your homepage and add up open and closed gains, they are very close to the same.

(assuming $1000 invested in each stock)

Open positions = loss of about $4950
Closed positions = gain of about $5200

So can you help me understand the benefit of the system? Perhaps there should be a stop loss of say 15-20% - large enough so that your gains (most of them) would be maintained but not at the risk of losing upwards of 50% on some stocks). Also while those open stocks are sitting at such a loss for a long period of time, that money could be used for the other good stocks that your system filters out.

Just curious

Warren

I believe that the stocks I am holding will outperform the market going forward.

[jiesen]

excellent choice, and fantastic writeup!

Nice pick, $$MM. The blackberry device is so damn useful, that RIMM will make billions more of them (as well as dollars). They will be so ubiquitous that "blackberry" will become a verb, like "google".

I'm in with you at 222!