Agreed, RIMM is probably going lower but slowly over time, with ups and downs, zig zag, lots of people are "crackberry" addicts and in love with the story and the situation is still murky right now. Thus seeing its insane moves of the last few days, short at/near the top, take profits yesterday, keep some on the table, smart trading, let the rest ride, as you see its up a bit today, no huge meaning in that, but that's what I'd do if I were shorting it which I am not.
Also, I really do think he's much smarter than her, been following his posts for a long time now, I conclude he's one of the smartest traders on SI along with Luc and probably Patron, that's my impression and I'm sticking with it -g. |