Sign Up | Log In | What is SocialPicks?

The Rock-Star Investors Next Door

SocialPicks is a community where stock investors exchange ideas and track performance of financial bloggers.

Are you a stock guru?

Share picks & earn reputation

1 point posted on 07/10/08

N/A

Michael Parness:

+0.00%

Pick your spots and rack up profits.

These stocks are really trading poorly, I know I sound like a broken record, but in a Bear market you need to protect your capital! Then pick your spots and rack up profits. If you don't you end up in a world of pain! RIMM looks to me headed below $100. Too many bulls holding on, I think it has to fall and it will fall. Same with AAPL and GOOG. We shall see.

Michael "Waxie" Parness

Related to:

RIMM

Research in Motion Ltd

Comments (2)

Add Comment

loneranger

33%

1 point commented 143 days ago reply

aapl and goog have already seen significant hits to their stock price already and they are both wall street darlings and I think that gives them at least a certain built in base

traderdrew

65%

1 point commented 143 days ago reply

Fund managers have to put their money somewhere and healthcare and tech are the best lookers right now so I wouldnt get out of these names just yet

Your Comment

Research in Motion Ltd (RIMM)

SocialPicks Sentiment:

This Quarter's Sentiment:

All:

68.5%

Top:

15.5%

TODAY'S HEADLINES

LDK Solar's Growth Potential Offset by Gross Margin Pressure
by Paul Cheung (Zacks.com) about LDK

Cisco Systems Still a Wait and See
by Thomas Catino (Ant & Sons) about CSCO

The Merrill Lynch Diet: Starving Shareholders
by Zack Miller (BloggingStocks) about MER

Until Housing Improves, Don't Expect Stocks to Rebound
by J.D. Steinhilber (Agile Investing) about SPY

Google Blows Q2: Multiple Compression to Continue
by Henry Blodget about GOOG

... more »

IN THE PRESS

None of the information contained on SocialPicks.com constitutes a recommendation by SocialPicks or its users that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. SocialPicks is not responsible for the posts, discussions, and recommendations of the users on the Site. SocialPicks does not provide investment advice. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the website. SocialPicks' users' past results are not necessarily indicative of future performance. Neither SocialPicks nor any of its users guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the website. You understand and agree that you use the Site and Services at your own discretion and risk and that you will be solely responsible for any damages that arise from such use. Before acting on any information contained on the website, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.