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Technology Stocks : Research In Motion TSE RIM Nasdaq RIMM

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To: Garry O'krafka who started this subject1/24/2001 2:35:10 PM
From: StockJock-e  Read Replies (1) of 989
 
Time to start shorting this sucker! Last time I posted was in December, and I said " I am betting that there is resistance up here in the 100's and RIMM gets whacked soon." ... Well, I was right, RIMM went from $100 to $45 <taking a bow>

I am willing to bet that $80 is the resistance now, this whole rally to $70+ was engineered to get some big boys out. This thing is going back to the $50's

However, if RIMM breaks over $80, then its time to reevaluate. Good luck everyone.

(for the record before I get accused of bashing... RIMM is a great company, sweet product, good deals being made. My only issue is valuation.)
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