OT: Update on RIMM

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Aug 20, 2007 11:47 am
Aug 20, 2007 5:25 pm

Where is that fool who said it would not make a new all time high in 24 trading sessions?


Of course what matters is where is it on September 15th.  I guess this mother must have a beta in excess of 1 as best I can tell.


The boys and girls will recall that I took off the 235 point credit covered put at 232.25 debit, then I took off a 227 point credit covered put at a $400 loss on 3,000 shares---a moral victory even if not a financial one.


Today I just sat here and watched the damn thing scream up again, but no tree grows forever.


Will they ring a bell when it's about to correct?

Aug 20, 2007 6:59 pm