VOLUME SPIKE: Research in Motion (RIMM)

Posted in General 
March 26th, 2009

Research in Motion Ltd. (NASDAQ: RIMM) is set to gap up big on active trading. The problem is that at 9:29:40 it is up under 4% at $44.63, and that was up 6% earlier in the morning.   Goldman Sachs is telling traders to buy the stock ahead of next week’s earnings. R-I-M has not participated at all in the rally on a net basis over the last 5-day range of $41.50 to about $44.90.

Jon C. Ogg
March 26, 2009

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