Tuesday, February 3, 2009

Boldly Storming the Pearl Curve! ~ Research In Motion Limited (USA) (Public, NASDAQ:RIMM)

with RIMM sho(r)ts! 

the FEB 50 puts. 
RFYNJ
$0.99

~ also SHORT the BANK of BILLY! ~
 *MSFT feb 18 puts @ .52 cents! 

LONG: REW under $75  *Honest Johnny*

The x-X hedge!  

FCX feb 30 calls 
$0.33 +o.o6 (+22.22%)

sold our X puts, but held the FCX calls ... hmmmm. 

"Calls of CONFIDENCE!" 


the "SHORT SOMETHING" list:  BA, KUB, PTR, PCLN, DF, NITE, BBY, BBBY, (might as well add BBBB, LOL)  ... looking to add RESTAURANT SHORTS!!  

top "short" pick:  PNRA $47.82 +1.98 (+4.32%)

Panera Bread (PNRA) loves wheat!! ... locking in its total 2009 wheat needs for a price of $9.50 a bushel, vs. prices earlier last year of $13 or $14. March wheat futures are trading around $5.66.  hmmmmm.

       "Hey Mr. Market .... feel like dancin' ?" 


p.s.  Stanley "crying baby" Morgan drinks $DF.  hatred.

Wednesday EARNINGS watchlist:  

before the open:  
  CLX, DWSN, DVN, KFT, PM, RL, R, SNA and NOV. 

after the close:  
AKAM, NLY, BBBB, DLB, EOG, EFX, HAIN, PRU, PHM, V, SUN, and .... the great TECH forecaster, Mr. CISCO himself ... John T. Chambers!  (*if johnny tells the truth, this tech rally is done)  ..... GO TEAM! 

18 comments:

seizure said...

I'm in C @ 3.54 and BAC going to try and BAC @ 5.13

Tight stops. Going to see if there's any mini rallies

BUY ON THE DIP said...

sold FCX calls!!!

FCX 27.55 +2.38 (9.46%)

thanks Jimmy C

BUY ON THE DIP said...

BOUGHT bac CALLS!!!!

Anonymous said...

i lost my last life savings on MS...................................................................

BUY ON THE DIP said...

good thing we sold GS 2 points ago!

a winner, but fuck.

GS 89.00 +6.19 (7.47%)

yes we just said "but fuck."

Anon said...

BOTD, Just a heads up.

GS & MS both broke their 5,9,30, 50 DMAs. They have only 200 DMA as resistance now.

BUY ON THE DIP said...

BAC , got sold.

BUY ON THE DIP said...

added KMB and PNRA shorts.

seizure said...

i'm about to get stopped out of BAC soon.

C is still alive an kicking. Come on 2:15 rally.

BUY ON THE DIP said...

GE and BAC are "the market".

both on new lows.

is faz above $55 yet? ???

Anonymous said...

GE is dog Im almost stopped out....BOOOOOOOO

BUY ON THE DIP said...

added GS short.

fade CHAMBERS!!!!

REW, MSFT puts, RIMM puts, etc ....

Anonymous said...

careful. GS and MS cartels are on buy back share programs so they can exchange their value with TARP

BUY ON THE DIP said...

fuck tech.

CSCO, AKAM etc .. up after hours.

our lone tech long , DLB.
After Hours: 28.50 +2.63 (10.17%)

FADE IT all!

BUY ON THE DIP said...

CSCO

After Hours: 15.25 -0.59 (-3.72%)

keep talking JOHNNY!

BUY ON THE DIP said...

"Total year over year order growth continued to deteriorate throughout the quarter," Chambers said in a call with analysts. "The environment has continued to change dramatically in the last several months."

and by "change dramatically" i mean that business tech spending is GHOST! gone. done. nada.

Charlie G. said...

BOTD,

Thanks for adding my blog to the MarketRoll blog.

jbreedlove said...

Assuming we gap down tomorrow I'm going to add FAS although it may end up just being a day trade.