RIMM (Research In Motion) missed earnings estimates. I found it laughably funny that analysts were tripping over themselves to upgrade and raise profit estimates for the company? That was my choice of a stock to short before earnings (I rarely ever trade earnings). Down $10 in after hours? A sizable beat was priced into the stock, gotta love momentum traders fools. I'll discuss the greater fool theory at a later date which relates to this. The question I have for them and all the analysts on Wall Street is...WHO THE FUCK BUYS A $300 CELLPHONE IN TODAYS ECONOMY? I guess $4/gallon gas and food inflation isn't bad enough to decrease phone sales, or the fact that companies are shedding employees like they have the plague and aren't really replacing them.
I should be kicking myself, that’s an easy 8% gain lost. I'm also worried, the geniuses that kept raising their RIMM targets are the same people I hope to one day join, and it appears that an MBA is a factory for stupidity.
Wednesday, June 25, 2008
Callum Hates You All
That's more or less because you killed the English language and blogging is stupid.
"Stupid is as stupid does" and stupid is saying things like LOL. If you're sitting there wondering is Callum calling us stupids? How insightful of you, it's what you get for butchering one of the easiest languages.
Is it possible that my friends, college educated people (well, partially) and those I went to high school with (tuition of tens of thousands of dollars per year) have trouble differentiating between "your" and "you're" "their" "there" and "they're" "hear" and "here" and "then" and "than".
No point of me continuing my rant, since nobody will probably ever read this.
No updates until Monday, conferences for the next two days.
Carpe Diem
LOL
"Stupid is as stupid does" and stupid is saying things like LOL. If you're sitting there wondering is Callum calling us stupids? How insightful of you, it's what you get for butchering one of the easiest languages.
Is it possible that my friends, college educated people (well, partially) and those I went to high school with (tuition of tens of thousands of dollars per year) have trouble differentiating between "your" and "you're" "their" "there" and "they're" "hear" and "here" and "then" and "than".
No point of me continuing my rant, since nobody will probably ever read this.
No updates until Monday, conferences for the next two days.
Carpe Diem
LOL
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