I will not be selling any BBRY shares for a while. I might even add some calls to this IT IS RIPE!! January $10 calls for 10 cents I am grabbing $20k of them. This is a gift people. Tried to help you round trip on this one.
I run 17M. Hoping to get to 30M by next year and run a 2 and 20 fund. Paper work is all in order just trying to bring in a little bit more money to justify the overhead. Life is good right now - its more of an ego thing I am feeling to go this route. At what point do things become pointless is the question.
I covered my BBRY play today and just purchased 455k shares at $6.13212. That is my new bet in addition to JCP. JCP is doing really well and has not even started yet in my opinion.
Don't forget that identifier - "Long shot" BUT if it makes you feel better I will be holding my 455,000 shares. I will sell 50k at $7.50, 50k at $8.50 and 50k at $9.50. That's my plan.
Firing Thor and going into debt is the BEST thing that could ever happen to this company. Run a debt model like Nokia. Good for them!
BOOMSHAKALAKALAKA!! Oh God I have never played a more disillusioned group of investors in my life. Shout out to Murray and the bunch!! Yee- Haw.
$7 Baby keep on going!
That amount of shares is chump change bud. these posts are for your benefit not mine. I am a speck of sand.
253k a the highest point but I have not sold any. I lose a lot too my friend. A LOT!! But BBRY was a telegraphed gift you just had to see the signs of management lying and Prem as well. The market told you trading at $8 and the bid was $9. How often do you see that!?
I am hoping for BBRY over $7 today and I will hold my shares for next year over $10.
JCP and BBRY and now my too investment grade decisions! How do you like that one 14M on JCP and 2.8M on BBRY. ;)
You could try a long shot $10k worth of options for January. I have a personal feeling BBRY is headed straight to that $10 convertible note by January options personally....
Thanks imbeciles - I now join your cause and - I AM A RIMTARD!
I have just covered my shares and I am now the proud owner of BBRY my average price is $6.13212 and I own 455,000 shares.
My lowest purchase was $6.07324 (150k). What a Monday morning gift!
33% is what I use for my VXX positions. JCP is a HUGE portion of my account now and I am at $18M.
Also I sold my JCP as it dropped and kept buying more so I realized a lot of losses and my average on JCP now is $6.79. My REAL average is around $8.80 I'd say but I realized a lot of the losses and rebought down in the dumps at the same time. I understand you have no idea how to manage 20M so I do not expect anything less. Stick and move stick and move. ;) Just giving you a heads up.
As well I covered some of my BBRY short this morning and will cover the rest when its unhalted. I will be buying BBRY today! Wow this year is becoming INCREDIBLE!
Thanks guy, it seemed like the most obvious trade on the market. I have never shorted a sub $10 stock but this was a given.
However now with the convertible debt note this seems like a screaming BUY to me down here. So I will now become a RIMtard.
I got everyone I know into this trade! Short BBRY - NOW COVER BBRY!
I will be buying bbry as much as I can down here. Thanks Rimtards for all the money you have given me. Cheers to you!
These guys do not get it and thankfully there are millions of them! I love this product! It has enabled me to do great things one of which right now is being margined out on JCP! ;)
be worth $1 Billion when it does so. Too bad to. It was ONLY inept management. This case will be taught in business schools for decades and rightly so.
Hey I will short another 33,000 shares just for the point of things. Want to do a directed trade between our brokers?
Atleast you can get some of your money back on a company that "works" JCP is my largest bet ever. 1,627,870 shares baby and today is my birthday. Feels nice cuz JCP has been hurting me!
Happy day everyone! Except long BBRY'ers. ;)
Thanks buddy I am in tingles today because JCP has been riding me hard. In fact I had to sell some off at one point only to buy them back. It was getting tight with margin. I see this $11 by February and $14 by July. It is going to be a good 2013 after all and 2014 with that bet.
My bitcoins feel the most optimistic though and undoubtedly short VXX!! ;)
Hoping to pass 30M next year and registered. Time will tell and we will see soon enough. A Nice day.
AND ITS MY BIRTHDAY TODAY! Cheers!
Suckers! Again I do not do this for fun people. That is going to be my biggest winner of a 13 year career. Time to start working on the next big one for next year!
Today is a good day, I have been accumulating the entire time and am leveraged up to my eyeballs! ;)