RIMM

    Posted by arl3080 on 12th of May 2008 at 02:34 pm

    Still watchin RIMM--may short over the 142.50 area should it get there--will post

    RIMM

    Posted by finam on 12th of May 2008 at 03:16 pm

    I still have a full position on RIMM in my trading account.  It is still a buy on the 60 Minute and Daily Renko but I think Earnings come out tonight so I may sell at the end of the day if you think it is shortable.  Please let me know.  IBD shows earnings in June but they are not accurate.  Does anyone know the real earnings date on RIMM?

    Otherwise, I can just wait until I get a sell on the 60 Minute chart as I have a good gain on this one.  It may just do what GDX just did and give 2 sells and not the other one. THIS may be a good test.  Earnings is a bit of a concern but there is no overhead resistance.  (The last high was at $137 and we are now at $140) so I am thinking that this may still be a longer tern hold.  Thanks, FinaM

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