on wires now...maintains Buy rating
Sentiment: Strong Buy
YES--If goldman S says buy rimm , rim.to then it is huge news. GS has probably made many millions shorting rimm and is one of the most astute trading houses in the world. It would appear they now are going long on rimm-----hopefully it is not just to push it up so they can short it again.
GS trading desks have been one of the most successful in the world.
good luck trading.
Sentiment: Buy
of course they do.
GS has been known to sell while saying buy. Remember aapl saying buy at 650-700 stock was going to 900 ?
pretty impressive given I was almost positive the spin would continue to be a sell because they needed to buy shares to cover. I can admit when I could be wrong. This is bigger news then anyone is realizing here.
It means they want it to run because they still have shares to sell into another run. You saw what they can do when they want it to run. Almost makes me want to move to a strong buy short term.
Buy/hold ( only from a trading view and only short term )
Sentiment: Buy
saw this earlier this a.m.....smart guys over there at GS...not like the sheeple who are getting sheared today..
Sentiment: Strong Buy
Confirmed, saw it on BNN in canada...
Sentiment: Strong Buy
wont let me post the link. GS says add to positions.
A Quote from the article...
"While the stock has been steadily appreciating over the course of January, it dropped 6% yesterday. Institutional investors have been mulling over this stock for eons, and several firms, including Goldman Sachs, have upgraded it to a "buy". What's interesting to note, however, is that on this certain day people took millions of shares of Research in Motion and ran."
Article can be found on Google Finance
Sentiment: Hold
We maintain our Buy rating on the stock and would use the recent 'sell-the-news' pullback to add to positions," said the note. "We continue to see significant upside to estimates over the next three quarters