RIMM halted why?

[efficiency]

Quote from ScalperJoe:

You're absolutely right, and I completely agree. Firms should not be allowed to report any "pre-earnings" after market. It's just another way to force out stops, or to squeeze the shorts, in case of good news.

Fortunately, RIMM is still a favored momentum stock, it has over $2 billion in cash, a low p/e, and ZERO debt, so the gap will probably fill, eventually.

This is getting rich, you're not.

A company would not benefit from "forcing out stops". An ax would.

A squeeze would be the opposite from forcing out LONG stops. An entity would only benefit by the theoretical "maximize shareholder value". Then again it might enable insiders to flip some options, but they're going to anyway.

A news release is labeled such cuz...............it's released. Both content AND............... timing.

Zero debt's good? IF an entity has a lucrative business model, one levers it. Of course there's a distinction between debt and leverage. We'll save unproductive cash (and burn) for another day.

Back to the original post, a halt is to LOCATE shares, more than likely to hypothicate and short.

 

[efficiency]

Quote from Landis82:

I hope that you have nothing to do with trading the stock market.
To not have a clue that RIMM's earnings were out today after the close borders on total incompetence.

Hit the books.
Stay in school and make your Parents PROUD!

Yes Landis, and with YOUR 8400 posts, you're indeed the ePITompe UV competence! No doubt YOUR parents have your potrait on their mantle. Or were you a bastard?

 

[olias]

Quote from ScalperJoe:

In defense of "hajimow":

http://www.rim.com/investors/events/

Earnings are not until June 16th, this was a "pre-earnings" warning they gave in AFTER-HOURS, the stock was halted, and then opened down 5 points on the next print.

It's just another example of how a stock is manipulated after the market is closed.

well done

I don't see much to get excited about for the future of RIM. I hated my last Blackberry phone FWIW