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Former RIM (now BlackBerry) co-CEO, Jim Balsillie sells his entire stake in the company. A year ago Balsillie was the second largest shareholder of the company at 26.8 million shares, today BlackBerry disclosed that Balsillie no longer holds any shares in the company. Mike Lazaridis, who still serves as vice chairman of BlackBerry, owns 29.9 [...]
BlackBerry maker Research In Motion (Nasdaq:RIMM, TSX:RIM) has definitely seen its share price in motion through the past couple of years. That share price has nearly tripled in the past four months, but is this more “irrational exuberance”? Or did that September low of $6.18/share put an unreasonably low value on the company? Disclaimer: yes, [...]
Research in Motion (ticker symbol: RIMM) had an awesome Black Friday. Shares in the company soared over 15% today. The company had seemingly been in a death spiral for several months and as late as September 24th, was trading at the $ 6.22 level.
TORONTO – Shares in Research In Motion were up 12 per cent on Thursday, continuing positive momentum after a National Bank Financial analyst said he was increasing his price target for the BlackBerry maker. Analyst Kris Thompson said he’s boosting his target to $15 per share. “We think there is more money to be made [...]
Research in Motion’s (RIMM) stock rose today over 5%, is continuing to climb, and is currently sitting at 14.19 per share, apparently for no reason. One analyst, Collin Gillis with BGC Partners spoke with Tiernan Ray of Barrons and said “that the proximate cause, as far as he can tell, is discussion that Samsung Electronics is looking to [...]
UK readers have you ever wanted to own a BlackBerry PlayBook but couldn’t afford it? Well here’s your chance.. 3 of the UK’s main stockists of the BlackBerry PlayBook have dropped their prices to a level that we can now afford.
Moving into the coming weeks, the BlackBerry 7 generation lineup should be available to more carriers as devices make their way into operator channels. This means that carriers now have to “push” another brand in BlackBerry so that handsets get sold and consumers subscribe. Certainly, operators are familiar with the BlackBerry brand but since there was a long [...]
Good news investors, Scottrade has launched their BlackBerry App which provides detailed research on investment ideas and a whole lot more. Continue reading for full features.
A website posted a teaser article about investors finding a way to sell RIM’s stock. I call it a teaser because you have to purchase a subscription to the website to view the rest. The information, though very little, is useful. By looking at the two paragraphs available, anyone who is familiar with stocks could [...]
RIM shares rose nearly 2% after Peter Misek at Jefferies & Co upgraded the company from “Hold” to “Buy”. Misek cites the new operating system with a good web browser, which can run on low end or high end devices which allows for developers to adapt programs made for other gadgets. He also states that [...]
Now that people have seen some basic functionality of the BlackBerry PlayBook during the Adobe Max event, investor faith in RIM (NASDAQ: RIMM) has increased. From a close of 51.72 on Monday to a close of 54.76 on Tuesday, RIM saw a good 5% stock increase thanks to the publicity of the functioning PlayBook. It [...]
GMP Securities has called public attention to Research In Motion in order to cast light on their current value. RIM (ticker symbol RIMM) has dropped from $84.00 a share to $48 over the past year, despite the recent release of OS6 and the Torch 9800. An analysist from GMP named Michael Urlocker stated
