RIMM continues to plummet after lowering earnings guidance this morning. Looking at the chart, you might mistake it for a bank, broker, or an insurance company! From ~$150 earlier this year to the mid-$30s today. What a disaster.
They just released their new touch-screen BlackBerry which was meant to compete with the iPhone - the only problem is it received TERRIBLE reviews. Here is just one.
I will be watching RIMM for possible setups today - while I am downloading new applications for my iPhone, of course.
edit - here is another review aptly titled "The Votes Are In: BlackBerry Storm Sucks".
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Trading Without Drama
3 days ago
6 comments:
So I take it you are happy with your iPhone?
I love my iPhone. I don't know how I got along without it. And I had a BlackBerry for many years...I could never go back to it now.
be sure to snag Amazon Mobile
Thanks for the head's up. Caught a great long in RIMM.
Love the blog.
Hell yeah! iPhone RULES!
Ok, back to what you were doing...
-AT
X,
Here's a thought: next bull run or high faluttin' stock over $100 put it on a WL and watch how over valued they become: rtp cme ice ma fslr bidu...and short them! They all become sunburned!
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