lflantheman July 29th, 2010 at 3:18 pm
David….Look at RIMM as a possible short term long. They are presenting a new phone next Tuesday and have already ramped up some in expectation. I think they continue to go up on the rumor, then down Tuesday on the news. Since Monday is usually a pump up day for the markets, it might be a good play. Disclosure: I’m already long RIMM Aug calls.
July 29th, 2010 at 3:18 pm
David….Look at RIMM as a possible short term long. They are presenting a new phone next Tuesday and have already ramped up some in expectation. I think they continue to go up on the rumor, then down Tuesday on the news. Since Monday is usually a pump up day for the markets, it might be a good play. Disclosure: I’m already long RIMM Aug calls.