Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

RIMM Expecting a higher open after more premarket run up in RIMM possibly buying more 95 puts by 10:00 like today when we picked up puts at 92 area, Let the RIMM trend exhaust it self in the morning as it probably opens in the 95+ Don't second guess RIMM, its a power house but we have our 95 puts already in play as well as the 85/90 calls and wouldn't dare short this baby until before some good upgrades and a gap 'n snap open. Last time we played RIMM we were long from the 45 area and it exploded and never stopped. Unlucky shorts were strewn out like road kill, not enough to get hold this beyond 10:00 Monday morning, but enough a possible double-triple on the calls for the second time this month. Plenty of time to add to the puts at the highs, not now!