• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Home
  • Archives

RIMarkable

The Unofficial BlackBerry Weblog

  • Hardware
  • Reviews
  • Rumor Mill
You are here: Home / RIM / Research In Motion Stock (RIMM) Down Big Yesterday

Research In Motion Stock (RIMM) Down Big Yesterday

January 24, 2008 by Robb Dunewood 5 Comments

Remember last week when the Motley Fool said that Research in Motion would be the worst stock in 2008? I am pretty sure that I still disagree with that, however, it sure felt like it was true yesterday.

RIM shares where down 11% yesterday at market close. I believe that it was more just a victim of being in the tech sector than an indication of what the stock is going to do all year but it still sucks just the same.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)

Related

Filed Under: RIM

Reader Interactions

Comments

  1. jonabyte says

    January 24, 2008 at 9:46 am

    It’s bound to happen when all stocks go down…but I am sure when the market corrects itself, it will rise.

    Reply
  2. bluehorseshoe says

    January 24, 2008 at 11:37 am

    It’s hitting everyone on fears of the credit market and recession. The 11% drop is nothing compared to the drubbing that Apple took the past couple of days. Now is the time to jump on these (although they won’t grow at previous rates)…I am. 🙂

    Reply
  3. b.N says

    January 25, 2008 at 9:00 am

    There you go, stick to your guns. I think the signs were clear RIM would take a hit. Even the best stock when in a hurting industry group will be pulled down. Thing is, in the long run, RIM still has plenty of room for growth, especially in the emerging markets where they have JUST broken ground, and right now it has been discounted. Everyone is so twirled up in the market they forget to realize RIM has continued to meet-and-beat analysts on Wall Street and the dip was purely industry based. Actually once they gain traction in China, I predict several high growth years ahead.

    Short RIM for now, but look for the long play very soon. They are coming roarrrrring back.

    Reply
  4. Doodee says

    February 1, 2008 at 4:52 am

    Thanks for sharing

    Reply
  5. alinnible says

    February 9, 2008 at 2:51 am

    I’d prefer reading in my native language, because my knowledge of your languange is no so well. But it was interesting! Look for some my links:

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Like What you See?

If you're serious about your business, the Aspire theme is the way to go.

Recent Posts

  • The Priv…..You Better Market It!!
  • BB10… A Slow Death?
  • The Day BlackBerry Forced Me To Leave BlackBerry
  • BlackBerry Hank Says Goodbye
  • Get A 10% Discount Code On A New BlackBerry Silver Passport

Copyright © 2021 · News Pro on Genesis Framework · WordPress · Log in