|
FYI - Here's from an email thread with friends yesterday regarding the stock. I haven't researched it at all, but from what it looks like, LEAP puts would be a good play.
--
I don't know but I stradlled rimm today and made 6800 off of 1k. Rimm is dying.
--
What a disaster RIMM has been. I shorted it a few months ago and used a put spread and made a ton. Owning long puts straight out on this is probably a great idea.
--
RIMM still has overseas growth potential, but they are definitely hurting. Down under 30 from high of 70's in March. The put I bought yesterday expires today anyway so it was a one day play, but Rimm long term may be in trouble.
__________________
|