Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

RIMM from 93.03 (for 97) $5.00 to $13.30 calls, in motion go baby! Still 25% to go. We posted the move after hours and sent out to our subscribers immediately entered 93.03 still holding along with half of the April 85 calls and a newer position in the April 95 calls (also have April 90 puts and they are deteriorating (-35%) but still well worth the play and holding as a hedge) RIMM target is 100 in front of the report, although we do suggest locking into any stock around the 97.35 area and lessen the position but the stop is now set at 95 so whatever happens we are guaranteed a profit on the remaining 25% I know its expensive but it was picked up AFTER HOURS (explaining the high price) and AFTER the news which looked rather good.

http://www.marketgems.com/March25backissue.asp

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