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Archive for December, 2009

Here we go again Rimm (BlackBerry) Stock

by Randy on Dec.10, 2009, under All Posts, Financial Knowledge

By Randy Ngan

I am now following the BlackBerry stock Rimm again and am ready to make more predictions. If you read my previous blog about Blackberry I hit my Target estimates and if you would have bought the stock and sold out at the price that I predicted you would have made alot of $MONEY before the stock tanked from $80ish to $60ish. But here is your second chance to play the BlackBerry Stock (RIMM). The stock is currently around $65 as I write this and I believe it will go up to $70 by nextweek Thursday December 17th 2009 before the 4th quarter earning report comes out. (I’m hoping the stock hits $72 but im fine with $70 :) After The December 17th 2009 with a good earning report the stock will go back up to around $80 in less then Three months I believe. So I would buy the stock now as a great long term investment or a quick short term gain of around 10% in one week. Or to maximize profit and get more bang for the buck buy CALLS at $50 or $60 at least 90 days out for some protection. Good Luck and i will be waiting for the money to roll in next week.

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