by Serge Berger | Aug 17, 2011 | Uncategorized
Research in Motion (NASDAQ: RIMM), the famed maker of Blackberry devices on Monday August 15 received a nice boost from the market gods and rallied 10.40% for the day. The culprit? Google! On August 15th Google (NASDAQ:GOOG) announced its acquisition of...
by Serge Berger | Jul 8, 2011 | Uncategorized
Shares of handheld device maker Research In Motion (NASDAQ: RIMM) have taken a hard stumble since its most recent high back in February. The stock fell from $70.54 all the way down to a $28.82 in mid June and as such is currently back at levels last seen...
by Serge Berger | Jun 2, 2011 | Uncategorized
Folks, we just closed (i.e bought back the out of the money calls we sold a while back) our short in RIMM. We discussed opening this trade HERE and HERE. Now that our profit target near the $40 area, and at the bottom of the long-term downward sloping...
by Serge Berger | Apr 29, 2011 | Uncategorized
As a follow-up to my post on Research In Motion from earlier today (http://steadytrader.wpengine.com/update-on-research-in-motion-rimm/), here is a multiyear chart of RIMM. We are noting to subscribers the 2.5 year long trading channel and subsequent lower...
by Serge Berger | Apr 29, 2011 | Uncategorized
Yesterday we started analyzing a potential trade in RIMM to the long side, see the blog entry here: http://steadytrader.wpengine.com/research-in-motion-rimm-looking-at-gap-fill/ After hours yesterday RIMM came out with a fairly smelly profit warning for the...
