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Research in Motion (RIMM) soars 11.9% premarket on a Goldman upgrade to Buy with price target of...

Research in Motion (RIMM) soars 11.9% premarket on a Goldman upgrade to Buy with price target of $16 (from $9). "For the first time in 3 years, we think out-year Street estimates are too low."
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Comments (13)
  • Superfly_FR
    , contributor
    Comments (360) | Send Message
     
    sorry shorts ... some told you.
    29 Nov 2012, 07:28 AM Reply Like
  • BlackBerry BBX
    , contributor
    Comments (23) | Send Message
     
    It's only the beginning.....this was oversold...
    29 Nov 2012, 07:59 AM Reply Like
  • gwynfryn
    , contributor
    Comments (4354) | Send Message
     
    ... and it's premature; why surge before the holidays, from which RIM will scarcely profit? I really don't understand why this frenetic activity is here, and not with stocks that have an exciting month ahead of them!

     

    I won't be surprised if it tanks over the next few weeks, but it'll be back up on the run up to the launch of BB10.
    29 Nov 2012, 10:13 AM Reply Like
  • PersephonShropshire
    , contributor
    Comments (137) | Send Message
     
    Because the market is way ahead of you, it's not really a secret that they will do poorly until BB10 is released but obviously that is already priced in.
    29 Nov 2012, 02:59 PM Reply Like
  • gwynfryn
    , contributor
    Comments (4354) | Send Message
     
    That may well be so Pers, and I'd buy it at any other time of year, but it just doesn't feel right, right now!
    30 Nov 2012, 09:13 AM Reply Like
  • Timmy123
    , contributor
    Comments (114) | Send Message
     
    Analyst says something good. It goes up. Analyst says something bad. It goes downs. Analyst says something good. It goes up. Analyst says something bad. It goes downs.
    When will investors start to think for themselves?
    29 Nov 2012, 10:01 AM Reply Like
  • gwynfryn
    , contributor
    Comments (4354) | Send Message
     
    What; and ignore the "experts"? Be serious "think for themselves" is no longer an option for most of the media brainwashed unwashed...
    29 Nov 2012, 10:16 AM Reply Like
  • BlackBerry BBX
    , contributor
    Comments (23) | Send Message
     
    Wow the analysts have seen the light....or they are in manipulation mode......
    29 Nov 2012, 10:05 AM Reply Like
  • gwynfryn
    , contributor
    Comments (4354) | Send Message
     
    They are ALWAYS in "manipulation mode"!
    29 Nov 2012, 10:16 AM Reply Like
  • Davidoff
    , contributor
    Comments (311) | Send Message
     
    If Goldman says publicly "Buy" than it's clearly time to sell. Nothing good happens in these cases on the mid term. Don't even want to discuss the flagrant conflict of interests when Financial Institutions disclose their "impartial" analysis of the stocks they trade and put a rating on them.

     

    Disclosure : Sold on Monday at $11.54, bought in September at $6.40.
    29 Nov 2012, 10:17 AM Reply Like
  • gwynfryn
    , contributor
    Comments (4354) | Send Message
     
    Good move! Don't be surprised if you get the chance to do it again; this price is too much, too soon.
    29 Nov 2012, 10:19 AM Reply Like
  • Clayton Rulli
    , contributor
    Comments (2656) | Send Message
     
    LOLOL,,, GS bought a ton of shares then they upgrade after..... awesome job GS
    29 Nov 2012, 01:44 PM Reply Like
  • gladtidings
    , contributor
    Comments (216) | Send Message
     
    Manipulation is rife in this market. Caveat Emptore folks!
    30 Nov 2012, 02:43 AM Reply Like
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