DaytradeTeam Profitzzz

A couple of weeks ago I told you why I was bullish on RIMM (call options to limit risk, stock alone is too risky).

Today I'm telling you that nothing has changed except the amount of discount RIMM calls are selling at due to the patent infringement lawsuit:

Notice how in today's stock trading RIMM moved down to the 60.00 support level and neckline of head and shoulders reversal pattern that it put in a few weeks ago, but FAILED to break that level even on "terrible news" (was this a day trader's dream or what?).

Here is how this will likely play out:

RIMM will now "see the light" that they should have seen 500 days ago and settle the case, write it off as a huge loss and get back to business. Wall St will be happy to have the dark cloud of litigation lifted from the stock and institutions will start moving in. Heavy short interest will be squeezed and a target of 87-92 in Jan 06 will be reached.

Of course, there is a TON of risk left in this stock to the downside--management hasn't exactly won any awards for their ability to avert disaster so far--so use call options that limit your risk!

I want you to see first hand what all the hype is about:

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