Thursday, December 21, 2006

RIMM - Research in Motion Follow Up

So it looks like the head and shoulders bottom is being confirmed to a degree with a run in the stock this evening. The options were too expensive and risky for my blood and even if the Jan135 calls go fairly deep in the money tomorrow, many will likely still lose money unless the stock runs past $143. This evening the stock moved to about $141-1/2.

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