APtly named this one was on the move in extended trading.
Rimm earnings came out after the close this chart is not a misfeed
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Rimm broke into then 71.xx
area and blew back up to 76
One member who I know trades
I shot an email to and we both like chickens bought only 5oo shares
on the dip we both ironically got 72.
That was a $2000 repayment from
blackberry to me for what I have dumped into Smart phones just over the past couple years. You have to go back to my march RIMM play to get past even.
I am not gonna try and dazzle you with the numbers but I will tell you this sell off was a chance to get in and without a major correction it is not likely you will ever see these prices again.
The earnings were not what they expected but they were pretty good. Are these analysts living
on the same planet it is a recession even though I believe we are at the end of it.
The market is a forward looking indicator and Rimm should be no exception to this end.
Rimm subscribership is up that is a positive fact for the future and they made money a nice reflection on the past they are doing a nice job in a very tough economic climate no matter Apple pulled a fast one here and I kind of fell for it the new 3gs is really not much different than the old 3g but the re-release so to speak garners the imagination of the people who must have the very latest smart phone. I wish I would have gotten the bargain now that I have taken a closer look it is just about the same exact phone.
As underhanded as Apple was that style of retaining market share at any cost is something that is in the blood of these silicone valley pirates.
Wait for the new blackberry tour at least they are offering the best screen resolution ever
when they release their respective Summer blockbuster.
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