RIMM is up 5% today because Bloomberg reported this:
"two people familiar with the situation said the company’s enterprise- services unit has attracted the interest of International Business Machines Corp. No party has shown interest in buying all of RIM or the division that makes its phones and no talks are currently under way, said one of the people, who asked not to be named because the matter is private."
Come on. Unnamed sources, this is just more shenanigans. I said I wanted RIMM to get back to $8 before I shorted it again, and it has.
So I've bought September $8 puts for .67.
If you followed my service on Ditto Trade, you could have automatically taken part in this trade.