It's amazing how the RIMM shorts have no learning curve. Eventually they will cover way higher, certain that they were right, yet much poorer.
I'm not so sure they're wrong about the fundamentals, but I haven't seen anything to suggest that they're right either. Either way, shorts are on a suicide mission here, it's just too easy to gun the stock when they're all piled on the short side. Wall St.'s easiest money.
Yes - especially with such a relatively small float. They are right from a valuation perspective, but that is a secondary issue right now. Too much short term focus on 'fundamentals' ignores the human realities of greed and fear, both of which are prevalent with this stock. Greed from Longs who won't sell, contributing to the squeeze and fear from Shorts who panic and drive it higher. There will be a violent downturn at some point, but not yet.