Research in Motion (NASDAQ:RIMM): The bounce that wasn’t
May 01, 2011 at 13:05 PM EDT
The shock factor of RIM’s guide-down pretty much outweighed the catalyst trade on Friday. All we got was a 1.5-2 pt squeeze at around open that did little else than bring in additional sellers. I would have preferred a flush toward the $47+ level around open, followed by a nice 2-3 pt bounce throughout the [...]
