Does RIMM still have upside in it or has the stock topped out?
Best Answer
113 points
Lbris answered one year ago …
Well I'm looking for an entry point since I sold last month for 37 % gain. The RSI is too high to get in right now in my opinion. But it did brake it's resistance of 126.00 (cnd) but it's still too hot I'm waiting for the stock to cool down before making the jump. Yes I agree with Dave that the competition is getting tougher but I think RIM is a leader in his field and will come out good. So right now I'm on the sideline with my eyes opened.
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788 points
DaveDiggz answered one year ago …
The space is definitely getting more competitive, especially with Apple entering the mix. Not to mention Palm hiring the original iPod product designer - who knows, even these guys could be a contender again. Google's android OS is also coming to Nokia phones near you very, very soon and that I'm sure will begin to spread like wildfire. So give the run the stock has been on for the last few years, combined with the increased competition, I wouldn't be a buyer of RIMM here.
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