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Playing the Ponzi
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Why “Playing the Ponzi”? I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is created as debt, and running straight through a global economic model that is based on infinite growth in a finite world. This won’t end well. I’d go a step... More
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Playing the Ponzi
  • Can RIMM Catch A Bid? 0 comments
    Jun 28, 2012 3:54 PM | about stocks: BBRY

    RIMM is truly a hated stock. I don't know why it would rally - except maybe they catch a bid.. from someone interested in buying the company. But technically, the stock appears to be near the bottom trendline of a falling (bullish) wedge. Talk about a contrarian play…

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Stocks: BBRY
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