1. I am not a bear. I am advising caution and coming off margin and have a few puts. It has been a huge market run. I have been a bear. I know the difference. I am leveraged to LIVING! 2. My body is caving in (could be the whole LEVERAGED to LIVING thing). My …
Tagged: Blackberry
Paired Trades closed and RIMM, RIMM, RIMM is on fire
It is looking to be an interesting year if the first week of trading is an indication. A few weeks ago I mentioned that the traders and fast money had taken over Apple. Now it’s the whole market. We have been due for some volatility. That’s good for traders and time to do less for …
Motorola BLOWS – DUH!
I was long this stock and chronicled my excitement and than despair with the Q. I dumped the stock iat $22. It is being shawshanked today down to $18. Others obviously feel the same about the Q. When you have the Blackberry kicking your ass and a competitive surge behind you (see Samsung, Nokia, ….), …
Paired Trade Contest Results and the NEW IMPROVED 2007 Paired Trade Contest
The Lindzon first semi-annual paired trade contest is officially over. Not close. Andy Swan killed us with his short of Bulletin Board stock MNCS. It is truly amazing how so many of the entrants shorted strength and bought weak stocks. Google was the top short choice. As Cramer would say – WROMG! Here is Andy’s …
Saying Goodbye to RIMM
It has been a while since I talked about RIMM. I am selling the rest of my position today. What a great run this strock has had. I hated having to buy the all-time high breakout past $100 and doing a Wallstrip show at $110 seemed absurd, but it has worked out. Pigs get fat, …
Remember Hill Street Blues – "Let's be careful out there"
In tomorrow’s Wallstrip interview with trading guru and Minyanville founder Todd Harrison, one answer stands out to me. He notes that despite the Dow being at all-time highs, the average investor does not feel richer. I agree with him on this view and that we are losing a middle class here. Just a feeling though …
The Bull is Snorting – Part 2 – The NEW FOUR HORSEMEN of the Nasdaq AND The "idiots" are in control?
Wow. Whoa. Yowza. Apple – all-time high Google – Ditto RIMM – Yep Adobe – Flish Flash the bears were taking a bath! The new FOUR HORSEMEN of the Nasdaq. Let’s throw in a little BIDU from that teeny Asian county CHINA! I did a few days ago at 101. Those are the stocks to …
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 …
Booking Some Profits
Taking some profits in Research in Motion (RIMM) and CROX. It has been a nice ride and I will sell at least half. The trends are firmly in place, but the stocks have risen so fast that it seems prudent. I am selling mor Ebay. On the long side, still looking at oil stocks and …
Wallstrip – Week One
Long week, but a rewarding one. Apple had great earnings and a pop, we had no lawsuits for copyright infringment for our RIMM show, Chipotle’s showed us that they can goof around and still do their job and we had some shocking fun with Adobe and a great conversation on where it could go. The …