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Research In Motion (RIMM -1.7%) is sliding a bit ahead of Thursday's FQ3 report, possibly thanks...
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Monday, December 17, 2012, 11:45 AM ETResearch In Motion (RIMM -1.7%) is sliding a bit ahead of Thursday's FQ3 report, possibly thanks to critical comments from UBS' Phillip Huang. He thinks RIM's recent rally "is reminiscent of Palm which saw shares go from $3 to a peak of ~$18, only to fall back down to $3.76 in about 15 months." (William Blair) (Bernstein)
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This news story has 10 comments:
look for a pullback as the fear grips the weaker believers and after the announcement!! After it will go back up....and don't try to trade it you'll miss a big move!
RIMM announced today that it is giving enterprise early adopters the phones to try today!! that is a strong signal that RIMM is very confident in its product and will probably announce some enterprise preorders before the launch. Stick to your beliefs this a small pullback in a big war between shorts and longs . the shorts will probably get killed!!
This guy should jump in the ship with the new schoolbook "Digital" comparison or the stunning "there's only 3 slots in this market, RIM won't last over a year" (was : "dead already" 6 months ago).
His analysis is DOA at the first occurrence of the word "PALM".
Best tech stock until 2015.