I agree with Lori, if you short at 225-227, you have made decent profit, but prepare to cover and enjoy the ride on Monday before rebound. Please make sure to check my comments, and you will know if I am a crystal ball teller.
I have been reading all the posts. Some of you seem to be insulting others. WHY?
By your saying it will go up to 250 or down to 150 means nothing - and will have no effect on the stock. We all are small investors with Big Boys as the opponents.
Big Boys like expensive toys/things and they almost never loose.
BTW, I covered at 219 for a nice profit - wish had waited until yesterday - then again I did not have Inside Information. So, Shorting did pay once again for me - I did make profit on being Long too!
I did trade GRMN yesterday - bought at 78.50 sold at 81.25. Profit: 1800.
I also traded BX on Thursday - in and out - for a profit of 2100.
I do think RIMM will come down a lot - but I do not have any Position in it at the moment. I did surpass my goal for the month.
Don't get Greedy - it will BURN you.
My take: If you are making 'enough' money, Get out of it so you can sleep well. Do not regret if a stock goes up or goes down a lot. It is not in your hands. You are playing against Market Makers and Analysts' - they work in conjunction.