It appears that new shorts are in big trouble for the short-mid term and will cover to minimize their losses. Long time shorts are probably still OK but starting to feel a bit queezy and may cover to protect profits.In any case a short sqeeze is becomming very likely running into the Q3 report. I suspect another 100M+ traded shares today on heavy buying.
Yes, I was long but got hurt badly over the last 2 years but recently started building a new long position, right now my avg price is $10.23 and am looking to keep building it a bit more. I will keeping a close eye on things over the next few weeks. My break even from previous years RIM losses is around the $17 range.
The tide is turning... finally, and I also believe BB10 will be a hit