Freddy, Are you still not selling your BBRY shares until the Aristo arrive?
I though the stock was $18 going into the BB10 launch.
This thread is living proof the Rimtard spirit is alive and well! I know you didn't believe me when the stock was trading in the $50's and I said rimtards would pump it all the way until bankruptcy. but here you have it.
Some institutions sell in the money covered calls to exit their long position in a more profitable manner.
Just like they sometimes sell deep in the money puts to enter a position as well.
It could be a precursor of some selling...Watch it this week and next to see if it starts to tank.
The open interest on the 42.5 and the 40 calls respectively are very high. Could be someone wants to get called out of their shares on this recent spike instead of just selling the shares on the market. (selling in disguise) We will see.
We used to post logical reasoning like this on this message board. Nowadays we keep this logic to ourselves and just enjoy ridiculing brain dead Rimtards.
This was an easy short. Rim was a handset/pager maker taking on computer giants. It explains why they are late with every launch and why each launch underwhelms. Once they bought QNX the writing was on the wall.
Those that spotted this made lots of money!
The world wants to know what makes this incredible tech innovator of our century tick. I expect it to be an immediate best seller. Especially when you think of the changes to our lives that Thorsten has brought with these revolutionary products.
I was convinced that the news was so urgent and secretive that it was delivered on bar napkins in Waterloo. That is why the spelling was a bit fouled up.
I would have never guessed.
The blame game is an every changing fluid target for the rimtards. It matters not if it makes any logical sense or holds any basis in reality. As the blame continues to switch targets it never is permitted to land on the Ritmard himself. Because he made a great stock pick. He has been wronged by others.
Sad days indeed.
Apple is floundering and has no idea what to do now that QNX is on the market....
Thanks in advance.
The charts never lie do they?
Been on vacation.