Fly on WallStreet

Drudge is talking about google phones, keep an eye on your wifi plays. Free wifi phones.. Are you kidding me?
 

I have entered a large position buy on MVIS at 4.62 .02 above S2

So I'm buying some and shorting others - I'm a"bi-trader" I go either way - don't need a weatherman to know which way the wind is blowing....
 

"The place burned down? Fuck you pay me. Lightning struck? Fuck you, pay me. Slow business? Fuck you, pay me."

-Ray Liotta, Goodfellas
 

RIMM is basing in the channel between
85.01 (My entry point) and 84.78
sometimes a stock bases before it goes up sometimes before it goes down but basing must give way - it is not a stable place. Now it's time to look for the TELL there is always a tell - it requires "feel" so charts and resistance can get you to points but your gut has to get the "feel"

If you look at a 15min chart on RIMM you will see a classic set-up
For long or short? no for "feel"
 

This is for you, toothless rookie.
 

Fuck you, we're going higher.
 

Jake - Profiling is a form of ignorance - arrogance too - ignorance and arrogance are a terrific combination - Bush has it too. Actually and thanks for asking - I voted for Barry Goldwater -

"God tells me that when he wants to teach everyone a lesson he picks a wonderful surrounding and fills it with a story to spin. He carefully selects the protagonist, the antagonist, the victims, the martyrs, and the bystanders who will say their peace. Then he leans over and whispers in my ear..."my most careful selection is in the people I choose to remain silent...for they are the "chosen" who will reap and will be regarded."

This was written by a famous see'er

RIMM has broken out of the channel
upward and I pulled my short at
85.25 - need a new TELL.
 

It hit 85.25 R1 and bounced back now it's up there again the more it hits and goes back the more it begins to TELL.

Oh Jake, don't choke on my last post - let the animal in you out>>>>>>>>>
 

Did you see that Jake? RIMM 15 min bar at noon a NR7 and a Doji

Fuckin A man, and another bounce off 85.25
 

Go TELL!

and now it's about to show a tweezer top - don't you love it!!!

OK Fly - ban me and I'm gone - love the site and your ability to "feel"
 

While you idiots fight for intra-day stupidity, I'm banking coin.

Dicks.

Long RIMM from $18.
 

RIMM is looking for safety in the basing channel if it penetrates 84.76 it may hit the waterslide...rollercoaster market


PS> Bernanke - "We'll do what we have to do if we have to do it."

That's all he said! Smart Man
 

Stepping over dollars to pick up pennies.

Then letting the pennies slip through his fingers.

Sigh.

I've never seen one of these old fekkers throw his own self down a double-enamaled, hardened steel fire escape.
 

Long Rimm from $18? HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

You are 2 much.
 

I bought RIMM during the NTP bullshit, when it was in the 50's (pre 3:1 split).

I even wrote about it on another blog:

This week's pick is a controversial one, Research in Motion (RIMM, $61.76).

RIMM has been the subject of a patent dispute with privately owned ip company NTP. In summary, NTP is shaking down RIMM, with the help of U.S. courts, threatening to shut down its popular Blackberry service in the U.S., unless they cough up an absurd amount of money. Most estimates put the figure close to 1 billion dollars.

First, it's important to note the following:

- Close to 83% of RIMM's stocks is held by institutions (63%) and insiders (13.5%).

- Of the approximate 33 millions shares left in the float, that's not held by institutions or insiders, 14.5 million shares are sold short-- leaving a very small float of 18.5 million shares left to trade. Ripe for a short squeeze.

- RIMM has $1.21 billion in cash and should generate over $100 million per qt. for the foreseeable future.

-"The business is really soaring. It's not just doing OK. It's soaring," James L. Balsillie, RIM's chairman and CEO told The Associated Press in an interview

Yesterday, RIMM's CEO talked up his companies prospects adding 645,000 new subscribers, putting its total above 4.3 million, more than double last year. Also, they smoked the mean eps estimate of .65 cents, posting a .71 cent profit for the qt.

In short, I feel the stock has been way oversold and has been abandoned by Wall Street, in light of its patent dispute with NTP.

Furthermore, the patents that NTP claims to be theirs has been REJECTED by the PTO.

via Financial Times:

Speaking as the Waterloo, Ontario-based company announced strong third quarter results, Jim Balsillie, chairman and co-chief executive, said: "We believe RIM has been vindicated by the US PTO's rulings in recent weeks, particularly its latest ruling."

Last week RIM received a boost after the PTO took the unusual step of notifying both companies that it expected it would reject the five patents held by NTP in its final rulings and described NTP's arguments as "non-persuasive". The office has issued preliminary rejections of all five wireless e-mail patents.

Even if the US court rules against RIM and re-imposes an injunction, Mr Balsillie repeated yesterday that RIM had prepared a software "workaround" that would enable it to continue to sell BlackBerry in the US. He hoped the software fix would not be needed but added that some carriers had been briefed on the workaround and promised customers more details shortly.

I see RIMM going much higher, once the patent litigation is behind them. Moreover, with so many shares sold short and the company still growing at a 50% clip, RIMM could trade as high as $127 per share or 45 times 2006 earnings of $2.85-- within a year.

Naturally, buying ahead of the settlement may be risky. However, that risk is why the stock offers so much upside potential. Basically, if you do not like roller coaster stocks, ignore RIMM. On the other hand, if you are willing to ride through some volatile trading sessions for a potential homerun-- take a closer look ar RIMM.
 

Dated 12/21/05^^^^
 

Booyah.

Blew you up, bitch.
 

I erase them for fun. I find it amusing to destroy retarded messages that you waste your time on.

You can't hold a candle to me.

Hey, watch this.
 

LMFAO you are an idiot.