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10 pts

Opinion on  Research in Motion Ltd (RIMM)     Sector: Technology  >  Industry: Communications Equipment
Short term stumble

Jun 27, 2008 06:05 PM UTC
Return Risk
+0.99% LOW
Jr. Analyst

While I like RIMM in the long term, this recent earnings report was pessimistic enough for investors to take money off the table and beat the stock up a bit until it becomes undervalued.  Further, current market fears surrounding rising oil prices and rising inflation will magnify the effect.  Short it now, buy back around $100 and then go long around the same price. <o:p> </o:p>


RIMM:  This call was made on 06/27/08 @ $119.43
Rating:   Negative   $119.43 (06/27/08)
Gain/Loss:   +10.45% in 71 days


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Aaron Day previously rated RIMM
Negative +0.16% Short term stumble
06/27/2008
10





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