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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: New Economy who wrote (215)8/17/1999 12:14:00 PM
From: Sans Souci  Read Replies (1) of 989
 
Bid.com? Are you serious? Those two are so far apart that you shouldn't even draw an exaggerated comparison to make a point.

Seems pretty obvious that you went short somewhere around the high 30's (C$), made a large, quick profit, got excited, got greedy, then..... watched in amazement as your winning trade collapsed back to zero profit, and perhaps even a small loss! Like they pro traders say... ya shoulda covered!

IMO, C$40 is a given, with C$50-60 (US$33-40) quite possible over the coming months.

S/S

PS: If I were you, I would cover now and move on to another, more promising shorting situation. This one came and went, at least for now.
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