Posts Tagged ‘RIMM

When buying stocks, I always try to separate between hype and the real stuff. I prefer to know if there's a reason why a stock goes up or down, or if the stock's movement is purely based on speculation (in other words, baseless). One of the most...

The Canadian government, in an unpredictable move, decided to block BHP's bid for Potash of Saskatchewan. The reasoning was that the sale does not provide a net benefit for the Canadian economy, as jobs may be lost (it seems that locals have complained to...

September 3, 2010 | In: Technology

RIP RIM?

I just sold my RY stocks and I was looking at TSE stocks to buy, and I was thinking, how about RIM (RIM is the TSE stock symbol of the company, RIMM is the NASDAQ symbol)? The stock seems attractive at this price (closed today at CDN $46.50), and I...

One day after I've written about RIM's arrogance, RIMM has plunged 4% to over a 4 year low of $43.42 (the stock will probably close below $43) on high volume (the volume by the end of the day will probably be about 24 million), which is an indication that...

August 30, 2010 | In: Opinion, Technology

On the Arrogance of RIM

I have never seen a more arrogant company than RIM, they think they want to make the world a better place, and they somehow are free to do whatever they think right in countries where they operate in. They think it's within their rights to lecture these...

August 27, 2010 | In: Technology

Revisting RIMM

I have already expressed my worries about RIMM earlier this month, but at this point where the stock is trading at $46.50 (a 17 months low), I feel that the market is starting to overly punish Research In Motion for their arrogance. The stock is now...

RIMM (Research in Motion), closed today at around $50.25, which is $.25 above the level I recommended for buying (unfortunately, I can't buy it myself now). If you take a look at the 3 month chart, you'll be able to notice that RIMM has now bottomed for...

MOT closed today at 7.62 (in after hours trading), down 4.74% from yesterday, when it went up around 4%. I currently have mixed feelings towards MOT, and I would probably wait for the stock to start going up slightly in order to know where the bottom is....

For the last few days I've been reading a lot about RIMM to know where this stock is going. Apparently, this stock is very uncertain. In my opinion, sell now while you either make some money or lose just a bit. The stock is a buy under $50, but only for a...

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