I don't think RIMM can hold double digits for their shares...
with current business situations, high competitions for smart phone, playbooks, and so on.... from Apple, Google, Samsung....I believe Research in Motions Inc will run out of this market. RIMM can not fight with these big fishes. Watch out longs, RIMM's shares will trade in a single digit real soon, I believe. It also will be removed from NASDAQ100. We'll see this news released today or next couple of days. GLTA.
Shorts had 1.97 days to cover expect it to go up soon, but today being a short trading day it will be at the end of the day before it will move. Expect Wednesday for the stock to rise. All of this is just noise no substance just so buyers will be wary and scared so the shorts can get cheap shares. They have contempt for longs and I must say they planned this well because Rimm has been like a freight train.
Happy Holidays this is all just noise. The articles are strategic. Notice certain writers for Barron's and Forbes come out with negative articles. I assume they make good money from Hedge Funds for writing to keep retail at bay.
The Riccaro Money Flow Quotient issued a take profits sell on 11/19 at 10.27. That sell is maintained. Too much chatter. Too many iffs. Too many unknowns. Unless you just want to shoot craps. Let RIMM settle. rqmoney , riccaro quotient