Research in Motion (RIMM) NewsBite - RIMM Falls on Downgrade And Analyst Bearishness - Zibb.com

Nov 18, 2009 (Fresh Brewed Media via COMTEX) --

Research in Motion (NasdaqNM: RIMM) opened at $60.98. So far today, the stock has hit a low of $60.12 and a high of $60.98. RIMM is now trading at $60.63, down $0.77 (-1.25%). Over the last 52 weeks the stock has ranged from a low of $35.05 to a high of $88.08. RIMM was downgraded by analysts at BMO Capital Markets this morning to Market Perform from Outperform. The analysts also reduced their price target for the stock to $64 from $100, adding in a note to investors that the company's earnings could fall "as smartphone demand moves down the income ladder." This could be a bad sign for RIMM. Technical indicators for the stock are bullish and S&P gives RIMM a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on RIMM the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 75 range.

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Tags: earnings   market   note   S&P  

Companies: Research in Motion Ltd. (RIMM)

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Research in Motion (RIMM) NewsBite - RIMM Is On the Move - Zibb.com

Nov 12, 2009 (Fresh Brewed Media via COMTEX) --

Research in Motion (RIMM) appears to be on the move today and is now at $64.42, down $0.30 (-0.46%) on volume of 2,745,493 shares traded. Over the last 52 weeks the stock has ranged from a low of $35.05 to a high of $88.08. RIMM was covered in a Lee Allen report today. To read the report, and learn to think like a hedge fund manager, go to www.marketintelligencecenter.com/la111209 . Research in Motion stock has been showing support around $63.21 and resistance in the $65.91 range. Technical indicators for the stock are bullish and S&P gives RIMM a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on RIMM the stock seems like it could be a candidate for a December out-of-the-money bear-call credit spread above the 75 range.

ABR-Seven Summits Strategic Investments NewsBite Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: hedge fund   S&P  

Companies: Research in Motion Ltd. (RIMM)

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Research in Motion (RIMM) Down Over 4% On Friday WIth Considerable Relative Risk - Zibb.com

Nov 02, 2009 (Fresh Brewed Media via COMTEX) --

Research in Motion (NasdaqNM: RIMM) ended the last trading session at $58.73. So far the stock has hit a 52-week low of $35.05 and 52-week high of $88.08. The proprietary Key Risk Ranking for RIMM has improved from a 1 KEY High Relative Risk to a 2 KEY Considerable Relative Risk. This Key Ranking is determined daily and is a measure of the relative risk for an optimal calendar spread trade on this underlying stock with a targeted 15.70% return (76.00% annualized for comparison purposes). This ranking looks at many factors related to the stock and associated option contracts. The Key ranking is intended as a guide for investors researching this underlying stock.

ABR-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: research   trade  

Companies: Research in Motion Ltd. (RIMM)

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Research in Motion (RIMM) Downgrade Alert, Watch for 16% Technical Downtrend Continuation - Zibb.com

Nov 02, 2009 (SmarTrend(R) Spotlight via COMTEX) --

Research in Motion (NASDAQ:RIMM) downgraded to Sell from Buy, $54 target, at Citigroup. The stock closed Friday at $58.73 on volume of 21,632,353 shares, above average daily volume of 16,773,270.

Research In Motion is currently below its 50-day moving average of $72.56 and below its 200-day moving average of $65.63.

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Tags: market   nasdaq   research   securities  

Companies: Research in Motion Ltd. (RIMM)

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