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Old 09-14-2007, 07:43 PM   #1 (permalink)
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Default rimm went from $80-$87 this week..what is going on?

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i see post here saying rimm is being downgraded and is overvalued and stuff. every since the 3-1 split in late aug. the stock has jump some more...wtf is going on? should i get in or what? what is the target price for this year?
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Old 09-14-2007, 07:55 PM   #2 (permalink)
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WTF. Nice.

Bear Stearns downgraded it on the 4th, and it went down.

Today (that would be the 14th) some institution named BMO Capital Markets initiated coverage with an "Outperform" rating.

Targets are somewhere in the $110-$120 range.

I am not a broker, and am not recommending this stock.
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Old 09-14-2007, 10:38 PM   #3 (permalink)
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aight thx njblackberry...wink wink...im getting in this week!!!
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Old 09-14-2007, 10:39 PM   #4 (permalink)
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Time to go short.
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Old 09-14-2007, 11:01 PM   #5 (permalink)
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oh???
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Old 09-17-2007, 12:00 AM   #6 (permalink)
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...should have gotten in just prior to the split, at the latest. it won't disappoint you, but i don't think you can expect a massive amount of return (then again, i say that every year and i could be retired by now from the gains).
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Old 09-18-2007, 09:45 PM   #7 (permalink)
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I bought 60 shares yesterday for 85.5 and sold it today for 90.06. I love fed rate cuts. The price target is set at 110. Def a good stock to own. Esp now that they are allowed to sell BB's in China.
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Old 09-20-2007, 03:23 PM   #8 (permalink)
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Quote:
Originally Posted by canonbomb1987 View Post
I bought 60 shares yesterday for 85.5 and sold it today for 90.06. I love fed rate cuts. The price target is set at 110. Def a good stock to own. Esp now that they are allowed to sell BB's in China.
Nice! Bought 50 shares @ 81.25...would be nice if it gets to $110 i would have to sell then...lol

Last edited by moosehead : 09-20-2007 at 03:30 PM.
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Old 09-21-2007, 12:01 PM   #9 (permalink)
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Nice! Bought 50 shares @ 81.25...would be nice if it gets to $110 i would have to sell then...lol
That is great. I own a couple of shares that i bought at 78.22 (well actually paid 232 but after the split). It would be really sweet if it got to $110. 4th quarter is almost always great for tech companies.
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Old 09-21-2007, 03:05 PM   #10 (permalink)
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Quote:
Originally Posted by canonbomb1987 View Post
That is great. I own a couple of shares that i bought at 78.22 (well actually paid 232 but after the split). It would be really sweet if it got to $110. 4th quarter is almost always great for tech companies.
Hold onto those shares for while...I think it can hit $110. Here's some more positive news that pushed the price up today.

Tech Trader Daily - Barronxxx8217;s Online : Research In Motion Rising; TD Newcrest Boosts Target; See Big Jump Coming In Blackberry Retail Sales
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Old 09-21-2007, 04:14 PM   #11 (permalink)
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If you have a chance, nows the time to buy but pay close attention, October 4th is a big day for RIMM investors as they are announcing second quarter results JOY!
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Old 09-21-2007, 04:19 PM   #12 (permalink)
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Yeah big day for sure. Here's hoping for good news.
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Old 09-23-2007, 11:58 PM   #13 (permalink)
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My fingers are crossed.
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Old 09-24-2007, 09:01 AM   #14 (permalink)
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F this! I'm getting in and let it ride!
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Old 09-24-2007, 04:51 PM   #15 (permalink)
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Quote:
Originally Posted by vincentnyc View Post
F this! I'm getting in and let it ride!
LOL! There you go....
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Old 09-26-2007, 11:36 AM   #16 (permalink)
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I think the next price target will be $125. And i cant wait till October 4th gets here.
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Old 09-26-2007, 11:41 AM   #17 (permalink)
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Target price has been raised and earning call is Oct. 4
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Old 09-26-2007, 11:56 AM   #18 (permalink)
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Here's hoping it reaches $125!! Ka-ching!
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Old 09-26-2007, 06:01 PM   #19 (permalink)
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bought some rimm @ 92.78 and today closing is @ 99.

dollar dollar bill yo...
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Old 09-26-2007, 06:34 PM   #20 (permalink)
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Quote:
Originally Posted by vincentnyc
bought some rimm @ 92.78 and today closing is @ 99.

dollar dollar bill yo...
Nice man! Wasn't sure if you jumped in or not. Congrats!
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