Thoughts on Research In Motion (RIMM)

I wanted to buy RIMM today, but I took my eye off the ball, and missed the dip.
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Quote from jj90:

Nothing compnay specific. If I did I would be accumulating at these prices. You'd get beta with mkt movements, but then you'd just be trading the index instead. RIMM may be an AAPL in the 90s, early 2000s but to play that kind of scenario out the common for RIMM would have to half from these prices to initiate a position.
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Nothing to add, except that I disagree strongly with your point re. AAPL...

Where is their Steve Jobs?

Maybe MSFT will step up to the plate...

BTW, MSFT also is in dire need of a Steve Jobs...someone with a vision...so few of those kind of leaders, I'm afraid...
 
a couple thoughts... based upon my non-scientific 'gut' feeling (which may not be as good as those of you who have superior fundamental analysis skills)


1. RIMM moves higher and fills the gap from recent announcements

2. RIMM has an 'island-ish reversal' before filling the gap due to some unexpected but favorable news that leads the 'street' to believe the worst-case scenario is not likely happening (i.e. it's a $20 stock); i.e it gaps higher back to $35 based upon some announcement or other unexpected matters such as change in leadership or other watershed plans that lead the street to conclude RIMM is a $42-60 stock (as I believe).
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3. Today's move occurred because some learned that blue horseshoe is looking to acquire the company and it is in play.

4. This is a b.s. move and will be met with further (short selling) selling, and some big guys needed to create liquidity to dump.
 
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