Monday, October 25, 2010

RIMM

 When I typed RIMM in the title box the first thing that came up was a previously stated title of "RIMM...STRONG BUY @$50.25".  That was a post we used via our twitter in August.  In any market, my price for RIMM's value is $50/share.  The stock fell after I posted that and fell to $42/share which is an absolute steal for RIMM in my opinion.  Our twitter shows our exact calls on the movement of RIMM in those weeks such as the call of the "valley" (low point of stock $42/share) on Aug 15 and now the stock has slowly climbed to $51.72 after today.  I would "hold" at $51.72 because I expect the stock to return to $60 possibly by the end of 2010 (December 31, 2010) and I will let the day traders collect the gains in the meantime, and we will cash in our 40% return at the end of the year.   Ironically, that might turn out to be a 10% return/month which is what GoGreen states as it's average return per month..


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