RIMM
short here, 1/4 of usual size
posted by biopoetic at 3:01 PM
strategy to take short or long position in a stock just before earnings are announced. Because of high volatility substantial gains or losses can be experienced. We call for all traders to contribute here.
2 Comments:
Is your reason for shorting a fundamental one or a technical one? Now that the trade has gone against you, are you still shorting?
no, closed yesterday,
When I am wrong, I like to be wrong for smallest possible fraction of time. Same with PALM;
great earnings but shorters attacked the stock as soon as earnings were announced.
LT I like both companies. RIMM more
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