Tag Archives: rim

RIM isn’t going to make it.

Research in Motion (the company behind the BlackBerry smart phones), released their quarterly updates yesterday, causing their shares to tank- dropping 21% on the TSE. Apparently this was mostly due to product delays and the announcement of layoffs.

The thing I find funny, is the curious 2M drop in volume earlier in the day:

Cough… (insider trading)… cough cough..

Wait until it gets to $20/share and buy! They’ll be Microsoft shares soon enough.