[koolrosh]

RIM's stock is on rally mode again and has topped the 7 Month high. This optimism is good before the launch of BB10! Can't wait!

[newcollector]

I noticed that, too. However, there is still a long road ahead fraught with potential disaster. I am in this for the long haul, but gains like RIMM has made recently are encouraging.

[TomJasper]

RIM's stock is on rally mode again and has topped the 7 Month high. This optimism is good before the launch of BB10! Can't wait!

Bollinger bands are your friend.

I expect to see $80 within 24mths or less.

Disclaimer : I'm not a qualified broker, do your research.

[BThunderW]

Don't get too excited, expect a mild pullback either EOD today or tomorrow. 5% rally is too much for a day, expect heavy profit taking.

[TomJasper]

It's been turning the float nicely last few TS in a range waiting for a break out scenario, 4-5% up is cool but still predicting a break out or gap UP soon. So range then break out/gap IMHO. Coiled spring comes to mind when you look at the chart.

Disclaimer : I'm not a qualified broker, do your research.

PS. Patriko, if your out there get your "boys" onside, quickly now.

Don't get too excited, expect a mild pullback either EOD today or tomorrow. 5% rally is too much for a day, expect heavy profit taking.

[Sonic300]

Well that means it has a lot of room to move up!

[Thunderbuck]

It closed today at roughly double its low in September.

[Sonic300]

however it is down from $144.

Gotta be the "NEWBIE"...pessimist

[Superfly_FR]

My favorite (and optimistic) scenario

1/ break and stand above $12 (done half way)
2/ Tend to $15
3/ break and stand $15
Quarter reports
4/ If no dramatic news : target the 52wk high, around $18
Launch (or even just prior the launch)
5/ If news/reports/sales "good" : Tend to $20 - If sales "really good" : tend to $30-35 - if sales "incredible" : ... who knows ?

disclaimer : just my opinion, please add your own research and add your pinch of salt.

[koolrosh]

Stock is still going up pre-market. It's now at 12.74

[BThunderW]

Just as I predicted, here comes the profit taking. Stock is still strong though.

[Superfly_FR]

Just as I predicted, here comes the profit taking. Stock is still strong though.

open $12.36 but back above $12.45 ... so profit taking seems to be mostly aftre-hours/premarket but stock still hangs above $12

[kill_9]

Even at CAD12.40 per share of RIM the stock is virtually penny-stock compared to its previous valuations only a few years ago. Unless you invested CAD1,000,000.00 @ its low of roughly CAD4.00, you are not getting rich off this recent bounce. All you small-time "RIMM investors" are immaterial to the market and a single institutional investor cashing in by dumping their shares on this uptick could wipe out your profit and potentially send you into negative equity territory.

[BThunderW]

Sorry. Looking at TSX as I'm trading RIM.CA
Opened at 12.50 CAD, now trading at 12.28. 1% down. For the last few weeks someone at CIBC has been dumping a lot of RIM shares. Today Credit Suisse is leading the selloff.

[BThunderW]

Volume is generally pretty low so no major action. Could see something after lunch though.

[Superfly_FR]

Even at CAD12.40 per share of RIM the stock is virtually penny-stock compared to its previous valuations only a few years ago. Unless you invested CAD1,000,000.00 @ its low of roughly CAD4.00, you are not getting rich off this recent bounce. All you small-time "RIMM investors" are immaterial to the market and a single institutional investor cashing in by dumping their shares on this uptick could wipe out your profit and potentially send you into negative equity territory.

I believe we "small-time investors" got the point that we won't change anything ;-).
But even with $1.000 invested at RIM's low (around $6), we would have doubled it as of date, provided we intend to make short time and single profit "game" ... but I believe most of "us" did put some money because we believe the "few years ago" range (up to $128 if I remember correctly) is an option, even if most of us are more likely expecting a $40 range within 3 years.
I do understand (and thanks the more lightened investors of you) the risk and the "unpredictable" factor ... but this is a "trust" involvement ... barely compatible with reasonable finance skills and usage

[BThunderW]

Indeed, as "retail" investors, we're definitely at the bottom of the totem pole. It's good to be ahead of the big trading houses for once.

[TheStoof]

I bought 50 shares at around $11.55 or so, so I'm pretty happy with the increase. First-time investor, hoping BB10 hits big, and would love to turn $600 into $1800 and put it towards my $50,000 graduate loan(s).

[RubberChicken76]

I am a bit skeptical about investing. The PR moves are nice and are lifting the stock. My big concern right now is that you'll see the stock take a hit when they announce results next week. Regardless of BlackBerry 10, they're still reporting on a quarter with old product next week. Thorsten could still surprise (he did last quarter) but there's a chance the market will yelp at the results.

At least they haven't issued a 'warning'.

[Superfly_FR]

I am a bit skeptical about investing. The PR moves are nice and are lifting the stock. My big concern right now is that you'll see the stock take a hit when they announce results next week. Regardless of BlackBerry 10, they're still reporting on a quarter with old product next week. Thorsten could still surprise (he did last quarter) but there's a chance the market will yelp at the results.
At least they haven't issued a 'warning'.

I believe investors are betting on BB10. Now that the "consensus" admitted BB10 is relevant and can fight, the hardest part is done until January.
We're mid-December, RIM hasn't burned all its cash, we can predict that.So, in 1.5 month the launch figures will decide ...

[TheStoof]

yes...it could drop, but who knows.

Sent from my BlackBerry 9900 using Tapatalk

[SirJes]

Stands @ 13.24..nope 13.25 as i typed, cant help but feel the expectancy of it dropping back to about 12.75 tho,but hope is strong

[RubberChicken76]

RIM hasn't burned all its cash, we can predict that.So, in 1.5 month the launch figures will decide ...

If RIM's cash and active user base rises again, we might see the stock surge a bit more.

[BThunderW]

RIM is burning cash for the BB10 launch, their reserves are pretty much guaranteed to be down. Goes with the territory.

If RIM's cash and active user base rises again, we might see the stock surge a bit more.

[RubberChicken76]

RIM is burning cash for the BB10 launch, their reserves are pretty much guaranteed to be down. Goes with the territory.

That's what people said last time and the time before. How about we wait and see?