Considering RIMM is down to $28 from a high of $70 in February, it might be time to get back in. Looking at the chart below you can see the stock has put in a nice bottom, a break above $30 would be very positive.
Wednesday, August 24, 2011
RIMM looks to compete more with iPhone....
Research In Motion (RIMM) is up 2.9% after reports that the QNX phones it's introducing early next year will run apps made for Android (GOOG). At 250K apps, the Android Market is roughly six times the size of RIM's own app store.
Considering RIMM is down to $28 from a high of $70 in February, it might be time to get back in. Looking at the chart below you can see the stock has put in a nice bottom, a break above $30 would be very positive.
Considering RIMM is down to $28 from a high of $70 in February, it might be time to get back in. Looking at the chart below you can see the stock has put in a nice bottom, a break above $30 would be very positive.
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