OTHER STOCK TALK

Little Upside Left for RIMM

Tags: Research In Motion, Tech, RIMM

11 Dec 5:26am

Posted by smokinstocks

1 Comments

Research in Motion Limi

RIMM (NASDAQ)

Forecast has expired Ended: Monday March 12, 2007

Target

$100.00 and below

-$27.69 (21.7%)

Time Span:1-3mths

Final

$69.71

-$57.98 (45.4%)

Analysis

Dec. 7: Two analysts issued research notes suggesting that there may be little upside left for their stock.

Dec. 11: Barron's says that overvalued based on fundamentals relative to close competitors. Example: market cap 11x sales, while closest competitor only 1.3 times.

Dec. 21: RIMM to annouce prelim third quarter results. Everyone agrees the slightest hint of bad news will sent their prices down.

Share prices have already retracted from their high of almost $143. Investors are evidently weary.

Merry Christmas!

Read the rest of this forecast

About

smokinstocks

Hello everyone, my is Anthony Sacks, but please feel free to call me Tony. I am retired, and probably the most senior here in terms of age, but equally as young at heart. I am 64 years of age, soon to be moving on to 65. Been married to my beautiful wife Carla for 35 years, father of six, and grandfather of five, the latest to a handsome baby boy, Charles Anthony Sacks. I live in Dover, Delaware, and enjoy spending most of my time with my grandchildren. I have a passion for fishing, and at my age, eating. PS2 has become an interesting experiment for me. I play with Isaac and James, my two other grandchildren. I do not smoke and am not an investment expert. But I do enjoy investing and following market news. Particularly fond of Altria Group and Reynolds American. Bullpoo has been a fun discovery for me over the internet, and I hope to meet other individuals as keen on investing as myself. Please feel free to message me any comments.