Thursday, April 2, 2009

RIMM Rocks! As Advertised!!!

RIMM is trading at 59 in after hours action. Wall Street said that wasn't supposed to happen, but that's not what you heard here!

Let me refresh your memory!

On Friday, March 13, I said this in regard to the analyst downgrades on RIMM.

RIMM was downgraded to a sell and a $30 target by Think Equity today. Are they kidding me? What planet are they on? We saw GOOG take on hit on Eric Schmidt's cautious comments, and it closed Monday at 290, and now it is already up 33 points from that low. The same with Apple. We heard cautious comments, and that stock was hit Monday down to 83. Now it's 96, with rumours of a new product introduction. So now some joker at Think Equity is going to tell us that RIMM is a sell??? Give me a break. RIMM traded heavy yesterday, and then only grudgingly rallied at the close. Now you know why. Nothing is done in a vacuum on Wall Street. But this call, will let those that want to buy RIMM, in. Just like stupid comments gave buyers a chance to buy AAPL and GOOG this week at bargain prices. When a stock like RIMM is ready to turn, they reverse grudgingly, like it did yesterday, and then it looks good on the chart. The next day it reverses and then looks bad on the chart. That is today. You need to buy it on that day. And now you have help. Think Equity downgraded the stock, to help you get it cheaper! Take it!

On Tuesday, March 17, I advertised RIMM again, saying it will hit 55 before 37!

RIMM moves up 6.36%! Say it ain't so! Wasn't that advertised as a buy here Friday, despite it being downgraded with a target of 30 by Think Equity who forgot to think?

RIMM will see 55, before it sees 37!

What script did you follow?

Wall Street's or Wall Street Manna's?

As advertised!!

No comments: