Smoking Securities

Half Baked High Finance

Today’s Top Twitter Ticker $RIMM

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I’ve been skeptical about RIMM’s prospects for as long as I can remember, and today demonstrated why I’m unwilling to hold stocks like this overnight.  There might be a bounce in the works, but with this market being whipped about by coked out traders and depressed investors, I’m not really interested in participating.  The psychology of Research In Motion’s long participants is not positive, and this increases the likelihood of further liquidation, especially if there are more signs of credit crisis.  Do yourself a favor, stay away from this beast, even if your Blackberry Curve and Storm are better than sex.


Written by chucklesamadeus

February 11, 2009 at 8:14 pm

Posted in RIMM

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