I can't explain it otherwise. The quarter has long ended, so they know what the tally is. RIMM insiders selling. Obviously all the things I talked about in my previous posts, such as luck of cash flow and accounts receivables issues. I think someone knows and is dumping head over heels.
The volume is just too large to ignore it. Anoter 45M day. Unbelievable.
> RIMM insiders selling.
Did you read their announcment?
Insiders are going to sell ALL THE TIME no matter what market conditions are. They want to remove ANY question of insider trading. They will sell high, they will sell low...
...this is a very good point. I think RIMM will meet numbers this quarter, but forecasts for 08 - no way. This slow down will have affected them for sure. They are not bullet proof, and the company is turning into a growth story. The momentum is over.
"...this is a very good point. I think RIMM will meet numbers this quarter, but forecasts for 08 - no way. "
Remember, Iphones don't have the corporate solution, Blackberries do. Productivity is the issue with this level of product. It will override general IT purchases.
hahaha that was actually funny. I don't need your shares all i can tell you is stay informed and read between the lines everything you hear in the media.
In the last few days shorts have been able to do that. They did not fall for bogus upgrades and sucker "rumor" rallies.
Mutual funds my ASS...Post what ya want it's all worthless information that won't change a thing. RIMM is king & its going to fly whether you like it or not.
Your a shorty that just wants to buy everyone's shares at a lower price...GO AWAY
Fear my ass, we are all grown-ups here and if you get intidated by stuff like that consider a mutual fund. I am just proving WITH FACTS what I said about the insider selling. Draw your own conclusion whether it is bad or good, but don't tell me that I am lying just because you have not done your homework.