I make money on stocks that go up in price.
I make money shorting stocks, I.E. especially when a stock runs up on a STORY. Look, this stock ran up 300% in about 10 days on a STORY. It's ripe to short.
I may even go long late this afternoon or tomorrow morning because he speaks on the 27th in the afternoon. But I will not hold, I will sell on the up-tick!
Every time the longs here see the stock go down you say "oh, its the shorts or manipulation" or they say "I just picked up some shares on the dip" It's the same on every board!
There's a 90% chance BB10 flops and BlackBerry (BBRY -3.7%) shares go to $7, argues MKM's Michael Genovese, who is cutting the smartphone vendor to Sell. Genovese claims less than 10% of the most popular Android apps, and less than 5% of the most popular iPhone apps, are available on BB10. He also thinks U.K. Z10 momentum has stalled, and that carrier checks "suggest unwillingness to carry heavy BB10 inventory." Several other firms have also issued critical notes on BlackBerry over the last 7 days shares -15% since the BB10 launch event.
As you may know Face Book was facing a number of lawsuits like KERX. It was just on the news that all the lawsuits against FB were dismissed , the Judge stating " investers cannot base their decisions to buy a stock on forward statements made by company personal". These lawsuits were very much like the lawsuits against KERX.
As soon as I get the order filled, I will put in a sell order at about 2 points or so above where I bought.
Its getting Sold! Get a Grip!
dpkc301 wrote: "Iphone/andriod will be old soon" I don't think so. Do you really thing Appl and google are just going to set around and leave well enough alone? They even said blackberry will be out a year in the full start. Like they said they are going to have to give away software/apps and even other products to get a new foot hold in new markets. A lot of people still have a sour taste in their mouth after the last product let them down.
Look for RIMM to keep playing keep-up and always being behind.
Look for RIMM to fall way back in price.
Algerian troops reportedly have stormed the gas plant held by Islamist militants, possibly killing 14 kidnappers and 34 hostages
Not a good sign.
no, it's massive selling that takes it below 30! Pay attention, it's DOWN on large volume = selling!
will be a buy again maybe a week before earnings and/or when it smacks 26