Wednesday, February 11, 2009

PASSION of the STORM! ~ Research In Motion Limited (USA) (Public, NASDAQ:RIMM)

BOTD finds Jesus! 

The RIMM 50s. 
(RFYNJ)
$2.86 
+2.52 (+741.18%)

... was up 1000%+ *

*MUST TAKE SOME PROFITS* 

BOLDly STORMing the PEARL CURVE!?!  ... this trade is a great example of SHITTY money management.  Today was a gift from GOD.   We'd love to say this was all part of "a plan", but obviously it wasn't.   Sure, we are negative on the entire market and RIMM was up "too much, too quick", but how did we let these puts fall 70%+? ... don't ask.  take profits, don't let it happen again.  *still holding a few leftover RFYNJ, we've got another week til expiration! 

The PUTS of PASSION!

up another 41.13% 

... was up 80%+ *

*MUST TAKE SOME PROFITS*

XOM is a fatty.  And like a greedy glutton, BOTD still holding 1/2 our XOMNO.    *DOW 5000-6000*

"reach out and touch faith" 

 
NEW RULE:   "Trade Less, Make More."  ... treat cash as if it's your first born child.  this is not a game.  the market is becoming increasingly difficult ...  this will be RULE # -1

p.p.s.  fuck $MS.

21 comments:

BUY ON THE DIP said...

now we just need MSFT to shit the bed and all our "bad" trades of early FEB will be gone.

baby bottles and DF are not recession proof. 7% earnings pop on cheaper raw costs and rise in organic milk sales. hmmmm. still short. may add more over $20.

LOL @ KUB ...Kubota blames export sales drop on European slowdown. *short*

with so few LONGS:
BAC 6.07 +0.51 (9.17%)
DLB 32.06 +0.52 (1.65%)
GNW 2.49 +0.24 (10.67%)
VIP 6.31 +0.31 (5.17%)
DXO

.... look to add some calls on the AM dip.

Anon said...

Good call on RIMM BOTD! RIMM will have the aftershocks for the next few days. Puts will profit totally!

AMZN is the next scamster stock. EPS of 1.4$ and stock at 64$. No greater scam than that.

BUY ON THE DIP said...

thanks brother!

LOL, "scamster" ... i like that.

and the AMZN gap fill would be epic. hmmm.

cheers ;-)

BUY ON THE DIP said...

looking to short JAVA. mobile software , blah, blah.

sara said...

BOTD

is back

BUY ON THE DIP said...

PNRA *short*

reports afterhours tomorrow.

i'm sure you saw CMG & BWLD up 13%+ AH. pfft.

The consensus of the 16 analysts covering PNRA for 4th quarter 2008 is a per share value of USD .84.

BUY ON THE DIP said...

hey sara ;-)

how have you been?

any good trade ideas?

BUY ON THE DIP said...

these report friday AM.

Brookfield Asset Mngmt BAM
Cognizant Tech CTSH
Abercrombie ANF

i almost want to short them all, would make for a great friday morning. but i won't.

RULE # -1 "Trade Less, Make More."
(don't risk capital on random trades)

BUY ON THE DIP said...

check REITs and other earnings in the AM.

HRP, HPT, MAR, GBE, CLI, etc.

also reporting KO, ECA, and a bunch of education stocks.


p.s. i want to short RSH, but wont. RULE #-1

sara said...

botd,

i have not traded just been doing school work .. will have time to trade this week

seizure said...

i'm actually going to pick up some FAS at $8.00 or under.

I'm still holding SRS and shorting RIMM although I might sell both soon since I believe we are at a good support level with the dow in the 7700 range.

seizure said...

i got into FAS @ $7.99 and FAZ at $47.54. Market is soo choppy. I feel two things will happen, we either end the day the same as we started meaning a pointless day. Or we go up. I just don't see the market breaking the DOW 7700 level. Either way I am going to let my FAS run, and put a tight stop on FAZ.

We'll see how it goes. RIMM needs to fall some more.

BUY ON THE DIP said...

KO back above $44. halla!

added spec short VMW.

BUY ON THE DIP said...

losers:
sold GNW, VIP, and DLB.

winner:
sold KO calls, 20% gain!

largest cash position YTD.

BAC is in the pain cave. ouch.

Screw said...
This comment has been removed by the author.
KP said...

Is it a good time to get in BAC now?

seizure said...

stopped out of FAZ @ $50, not bad $3/share profit.

Still holding FAS.
Why is rimm creeping back up? Someone get me the Super Mario Hammer and let's beat it back down

seizure said...

come on SRS @ the buzzer for $60?

seizure said...

nope. oh well.

BUY ON THE DIP said...

added VIX puts. (bull hedge)

wow, that sucked.

... covered VMW.

BUY ON THE DIP said...

PNRA reported.

After Hours: 47.50 -1.55 (-3.16%)

up 5% on the day. great ;-(