Originally Posted by jibi
hehe. Well, usually after a run of a 35% gain over a few weeks without much actual or fiscal substance, you really have to wonder if it's smart to purchase that much stock. Now tiger is looking at a loss of $15/share since he posted, or a bit more than $2,000 in net loss of his net purchase rate.
Hmm, I kinda think he deserved the hit even more with his bragging headline "I've now got 40K in RIMM." Talk about the stock, the price trends, whatever - but THAT headline was just a tasteless attempt at "I have more money than you do," IMHO, of course! A simple statement that "I've bought RIMM in the past week at an average price of $228 and I'm hoping it will continue to rise" would have conveyed identical info with a whole lot more class.