San Diego Housing Market News and Analysis
Investing in RIM
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Submitted by SmellsFeeshy on June 20, 2011 - 1:46pm
As I'm sure most of you know Research in Motion (RIMM) has been getting hammered the past couple of days.
With the stock at $25.89 currently do you think it's a good time to go long or short? I've read arguments for/against and it's tough to call. On one hand they are going downhill fast and have almost no chance against Apple and Google for at least the next year or so. On the other, they have zero debt and 4 billion in cash and it's hard to imagine it getting much worse.
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