Monday, March 15th, 2010

RIMM: New Long

Thursday, February 4, 2010 at 3:36 pm

3

The PPT score is giving an oversold signal, given the accuracy of the damn thing, I think it makes sense to go long here– even before the jobs report. I am buying Research In Motion Limited (USA) (RIMM: 75.34 0.00%) here, as it sits on the 100 day moving average.

rimm

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Comments

3 Responses to “RIMM: New Long”
  1. sandfleas says:

    Fly swore this one off back in December for the I Phone,
    wonder how he’s feeling about it now…..
    Stevenplace mentioned it as a buy above 65 Saturday.
    Good call he made….

  2. Satuki says:

    Good pick. I have been watching RIMM latey too. I like stocks that have just moved out of a base. The 3 recent bases provide a strong support

  3. goon says:

    MGM looks decent sitting on the 50 day MA

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