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This weekly chart of Research In Motion Ltd. (RIMM) reveals the big damage ; now what ;Heading for that old support level (40 to 50) ?How come I do not place a support higher around 60 to 70 ??? That kind of damage usually does not find a quick support level big funds will slowly and quietly keep on selling as soon as Research In Motion Ltd. (RIMM) bounces up a little
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BalckBerry maker Research In Motion Limited (RIMM), a leading designer and marketer of innovative wireless solutions, today reported Q2 results for the three months ended August 30, 2008. The Waterloo, Ontario-based co. reported a sharply higher quarterly profit on Thursday but its profitability outlook for the third-quarter disappointed investors, sending shares ...
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Research in Motion (NASDAQ:RIMM) in focus today.Let's start with the downgrades:- Deutsche Bank lowers their rating to Sell from Hold, lowering their tgt to $70 from $120. RIM has become more dependent on hardware sales with time. This means that they have to keep running to keep up with changes in consumer tastes and risk missing numbers if their products do not hit. The company ...
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Shares of Research In Motions (RIMM) are tumbling $18.93 or 19.41% in after hours trading, after the company reported 2009 second quarter results for the three months ended August 30, 2008 Thursday 09/25/08 evening. Revenue for Q2 2009 was $2.58 billion, up 15% from $2.24 billion in Q1 and up 88% from the $1.37 billion that [...]
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... Day Trading, this market is a good environment for short-term trades if you have the time, inclination, and discipline. Yesterday I noted that Research In Motion (RIMM) was good risk/reward around 100--a thought shared by ... I put my money where his mouth was and gave it a shot.DAYTRADE JOURNALStock: Research In Motion (RIMM)Buy Details: Bought RIMM at 100.20 on Tuesday ...
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Canada's Research In Motion, the makers of the BlackBerry mobile phones have plans to product the BlackBerry in India, however the size of this deal has not been clarified. Co-chief executive of RIM, Jim Balsille, has said Research In Motion was developing a "Made in India" strategy, and went on to say: "We are looking [...]
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