Trading Places: Research In Motion and Facebook
Editor's Note: Todd posts his vibes in real time each day on our Buzz & Banter. I had a business breakfast this morning -- since I'm juicing my "breakfast" was two cups of coffee -- and while it was one of the better meetings I've had in a long time it was a costly klatch from a trading perspective. As discussed in detail the last few days I entered yesterday’s Facebook (NASDAQ:FB) earnings on the short side of the stock (playing the downside with a $28 trading price target) and we flagged Research In Motion (NASDAQ:RIMM) $12 as meaningful ...
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