Algokid
Long

LONG - Reserach in Motion (RIMM)

448 13 2
Taking a long position in RIMM for the following reason

- Up two month in row
- Positive volume
- Resistance has been tested
- New product line coming Jan. 2013 ( although it would be better if it came out for the holiday season)

I have a target around 14.22. with a tight stop loss at 7.13. Will monitor the trade on a monthly basis , unless stopped.

AlgoKid
lucky human foot
4 years ago
I think Nokia will follow along
snapshot
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Algokid PRO lucky human foot
4 years ago
I think so too. their new Alumina phone is sold out in most AT & T stores. it came out this weekend.
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Algokid PRO
4 years ago
back to double digit territory , but for how long ? I'm expecting a lot of "turbulence"" at that level, but my target is still the same. :)
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Algokid PRO
4 years ago
U.S markets are closed , but RIM is up 17 % on the TMX ( Toronto) currently at $12. looking to take some nice profit of the table in the morning. Happy thanksgiving :)
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Algokid PRO
4 years ago
Here 's a Bloomberg article on today' s move . ( Kaching!!)
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StockFxMarket
4 years ago
Look's me nice
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Algokid PRO StockFxMarket
4 years ago
Thanks Stock FX :)
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Algokid PRO
4 years ago
Target is still 14.22 , but placing a stop @ 12.42 ..... :)
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Algokid PRO
4 years ago
Almost bulls eye.........Closing this trade this morning. ( high of 14.21 on friday)
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StockFxMarket
4 years ago
Well done :))
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Algokid PRO StockFxMarket
4 years ago
thanks buddy
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Algokid PRO
4 years ago
BANG ! , glad i'm out of this one
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