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View Full Version : Keep RIMM Through Earnings?


pedrom727
12-20-2007, 11:52 AM
So I bought a good amount of RIMM on one of those apocalyptic down 300 days at $97.95 and as of today I'm up 7.68% as of the current tick. I've a few opinions to sell RIMM, the options markets look to be pricing in a 10% move up or down on their report so the earnings I've made so far should hedge me against any loss. I'd like to hear everyone else and their opinions on this one, I'm a little worried after watching Best Buy stagger after an amazing quarter, I assume most of my decision will lie in the market's general sentiment going into the close.

xpiratesxcorex
12-20-2007, 06:15 PM
Take profits at least. I would sell most of my position if I were long the stock.

pedrom727
12-20-2007, 06:58 PM
Well since market sentiment was a bit positive towards the close along with RIMM being up about 8% since I had bought it I decided to take the gamble and stick through their earnings. I must say I'm absolutely delighted, the stock is currently up 12% in after hours primarily based on their excellent forecast and international exposure. This report has made my day :)