Volume Spike: Research in Motion (RIMM)
Research in Motion Ltd. (NASDAQ: RIMM) is trading down about 6% pre-market to around $35.30 on over 150,000 shares as of 7:37 AM EST. It seems that woes of Palm Inc. (PALM) after its own warning are not isolated. The maker of the Blackberry smartphones lowered its revenue projections down to a range of $2.75 [...]
RIMM Volatility Alert: Longer Term Technicals Could Create Wide Bands
This morning we issued a pre-market down-volume and downward price alert for Research in Motion Ltd. (NASDAQ: RIMM) in early trading with the note that shares could be more insulated than in prior sessions. Shares have actually recovered from lows of $102.81 intra-day and are all the way back up to positive by 0.5% at [...]
Pre-Market Price/Volume Alert: Research in Motion (RIMM)
We are starting to see a surge in the volume and downward pricing action in shares of Research In Motion Ltd. (NASDAQ: RIMM) this morning. The Blackberry maker saw its shares downgraded this morning as shares were cut to “Underperform” from Hold at Needham. Shares were indicated down 1% before 8:00 AM but at 8:59 [...]
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