I don't see RIMM to go much lower than 100. This is actually another buying opportunity that won't last too long. Once the current consolidation is over, she is going to shoot up over 120 in no time.
Early weakness is to shake out the weak hands. We'll defintely see RIMM to close above 100, very likely over 103.
Remember the other day when she dipped below 99 and close around 102? This is another excellent buying opportunity to accumulate shares.
This is a stock that's not hard to make money if you'd have no bearish bias.
Still there are a lot of non-blievers willing to disconnect the bullish trend of this stock.
Buying stocks or calls certainly will make one richer in the coming days.
need to know if those 100 call volume is sell to open, for if the oi on the 100 calls exceeds the 100 puts, then it's just inst's holding it up so they can sell 100 calls and let it go - to early in the game as expiry is far away.
It's so amazing to see how resilient RIMM is in recent sessions including today. Every time when she went under 100, somebody came out taking it up.
I'm speculating some calls here as too many negative talks on the stock certainly will fuel the rally to new highs.