RIMM – Never short on Valuation! Make that CROX as well.

I am in awe of the greatness of RIMM but would be trimming here. I trimmed too early back in the 100 and teens.

What a powerhouse this stock has become. I remember buying the 105 breakout and comments were people trying to short it on valuation. If I could teach ONE RULE of investing it would be – never short based on valuation. If you do, you better be rich and patient and a glutton for punishment.

That Baruch dude said he got rich selling early. Never liked the guy :) . Days like today, I am reminded of him though.

One comment

Comments are closed.