I've been following this thread, considering taking a rmbs position based on the info here (thanks for that, btw). Anyone have any thoughts as to it's general direction in the next few days. Big drops always seem like nice entry days...
Vix is up a lot over the last few days, so that will make the options a little pricier. Buying the underlying stock is a good start.
Thanks - thoughts as to which direction it may be going? It seems to be an overall bearish trend, but I'm not completely decided on RMBS. I was thinking about just averaging in over the next few weeks/days.
- Jan 23, 2002
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RMBS is still holding a slight bullish outlook, but they need to find support somewhere here. You guys need to remember just 10 days ago, we were at this very price level, and less than a month ago, we were dancing around $10.
January options are looking a little bit more attractive, $20's, $25's and $30's - just in wait mode right now, I have plenty of cash on the sidelines.
That 3,000 shares I sold above $19 was an omen
January options are looking a little bit more attractive, $20's, $25's and $30's - just in wait mode right now, I have plenty of cash on the sidelines.
That 3,000 shares I sold above $19 was an omen
It looks like people fear the market will crash again like it did in March. (3 months crash cycles or what) I can't wait to see how it works out next 7 days. lol
if you're up for getting on the rollercoaster, then sure it's the most insanely unpredictable, volatile stock in my portfolio. i actually wish i'd have gotten rid of it in last weeks' high!
it's the most insanely unpredictable, volatile stock in my portfolio. i actually wish i'd have gotten rid of it in last weeks' high!
jessieqwert
Senior member
- Jun 21, 2003
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I keep picking stocks but only with tiny positions. First Vanda, now WAVE.
Going big on Tata Motors (TTM). IMAX continues to be a reliable performer.
Going big on Tata Motors (TTM). IMAX continues to be a reliable performer.
jessieqwert
Senior member
- Jun 21, 2003
- 955
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Just found it as a bargain back in January and got lucky. I have noticed some posters here with positions in other pharmas (CTIC for example) waiting to see if they make a break through
I hold a small position in CTIC, got in at .36cents and riding it. It has been a rollercoaster ride but still up overall. They just submitted the NDA yesterday for priority review, if they get it, approval date is expected towards the end of Dec.
- Jan 23, 2002
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Hmm... someone/something is trying to hold Rambus pegged at a very tight range. Even with the huge volume yesterday it didn't move much. It won't stay $15 for long, this looks like "hidden news" that's about to break it to either side.
Also, I just read recent court documents in the Rambus vs Nvidia ITC case, and it looks like the Judge gave a Markman ruling very favorable to Rambus. For those who don't know, in 1994, the Supreme Court resolved a case Markman vs. Westview Instruments. They stated that judges, not the jury, should be the ones better suited to find the scope of the patent terms. It plays a very critical part of the trial. For instance, if a judge states anything wrapped in a plastic bag is owned by a patent, well... that's a VERY broad Markman ruling and it would be impossible for a defendant (who has a product wrapped in plastic) to claim they don't infringe that. But if a judge rules that only red plastic bags 2mm thin and weighs 2 ounces belong to a patent, well, then it's alot easier on the defendant to say they don't infringe. Get it?
I can't read the Judge Essex's Markman ruling (it's kept confidential right now for some reason), but judging from the responses from the parties (which I can see), Nvidia is very much against it and Rambus seems quite pleased that the judge more or less followed their suggestion.
Also, I just read recent court documents in the Rambus vs Nvidia ITC case, and it looks like the Judge gave a Markman ruling very favorable to Rambus. For those who don't know, in 1994, the Supreme Court resolved a case Markman vs. Westview Instruments. They stated that judges, not the jury, should be the ones better suited to find the scope of the patent terms. It plays a very critical part of the trial. For instance, if a judge states anything wrapped in a plastic bag is owned by a patent, well... that's a VERY broad Markman ruling and it would be impossible for a defendant (who has a product wrapped in plastic) to claim they don't infringe that. But if a judge rules that only red plastic bags 2mm thin and weighs 2 ounces belong to a patent, well, then it's alot easier on the defendant to say they don't infringe. Get it?
I can't read the Judge Essex's Markman ruling (it's kept confidential right now for some reason), but judging from the responses from the parties (which I can see), Nvidia is very much against it and Rambus seems quite pleased that the judge more or less followed their suggestion.
- Jan 23, 2002
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That's part of it, yes. This is a follow-up order that Judge Essex granted Nvidia 3 days to respond to the Markman ruling... not sure what Nvidia is going to try to argue, I think what they're trying to do is establish a disconnect in the U.S. market and the licensing of Rambus that happens here.
We'll see in 3 days.
Doesn't seem like it. What you linked to sounds like nvidia (the respondents) want more time to prepare themselves for rambus' "motion for summary" (occuring on June 30) in light of the recent Markman ruling (occured on June 22).
edit: fail, someone more knowledgeable (azurik) already replied, lol.
IHateMyJob2004
Lifer
- Sep 29, 2004
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From what Warren Buffet has said over the past few years, the DOW should probably be in the 10,000 neighborhood. When it was at 14,000 a few years ago, he said that he'd expect a return of about 6% over the next 10 years. More recently, when it was down to 9,000 he said that it was a wonderful time to buy.
At Dow 6500, Buffet probably felt like an oversexed guy at a whorehouse.
Also, he was on TV today. CNBC and Foxnews had him. Watch the videos that can be found here and learn about actual investment:
http://www.gurufocus.com/news.php?id=59256
Anyways, Value investors that have horded cash for the past few years waiting for this have doubled their investment. I know one person that bought WFC at $10. Man, what a buy. Imagine all the hell you active traders go through while knowing that value investors sit and wait for the markets to get irrational and when they do. WHAM. Wonderful company that has already returned over 100% to my friend.
At Dow 6500, Buffet probably felt like an oversexed guy at a whorehouse.
Also, he was on TV today. CNBC and Foxnews had him. Watch the videos that can be found here and learn about actual investment:
http://www.gurufocus.com/news.php?id=59256
Anyways, Value investors that have horded cash for the past few years waiting for this have doubled their investment. I know one person that bought WFC at $10. Man, what a buy. Imagine all the hell you active traders go through while knowing that value investors sit and wait for the markets to get irrational and when they do. WHAM. Wonderful company that has already returned over 100% to my friend.
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