[timmy t]

RIM Soars on Industry Support - DailyFinance


Don't look now, but BlackBerry maker Research In Motion just jumped 13% on absolutely massive trading volume. The troubled stock may have lost 86% of its value in five years, but it's up 75% since the end of October.

Maybe there's life in this supposedly dead stock yet? That would be a huge surprise to us skeptics.

Well, let's consider what pushed RIM higher on Friday. Sprint Nextel just announced that the third-largest American network will indeed carry the upcoming range of BlackBerry 10 phones. That completes a sweep of the top four operators, since T-Mobile, AT&T , and Verizon all officially climbed aboard the BB10 bandwagon last week....

[TheStoof]

RIM Soars on Industry Support - DailyFinance


Don't look now, but BlackBerry maker Research In Motion just jumped 13% on absolutely massive trading volume. The troubled stock may have lost 86% of its value in five years, but it's up 75% since the end of October.

Maybe there's life in this supposedly dead stock yet? That would be a huge surprise to us skeptics.

Well, let's consider what pushed RIM higher on Friday. Sprint Nextel just announced that the third-largest American network will indeed carry the upcoming range of BlackBerry 10 phones. That completes a sweep of the top four operators, since T-Mobile, AT&T , and Verizon all officially climbed aboard the BB10 bandwagon last week....

None of this will matter if they end up releasing BB10s in the US at the end of Q4. If I could order direct from RIM, then that'd be great.

[anon(3896606)]

This article was originally written by The Motley Fool.