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Research in Motion (RIMM) Blows Away Expectations

Posted Thursday, December 20th, 2007 at 1:51 pm · 2 Comments · By: Mr K

First, I purchased 3 shares of RIMM @ $105.98 today before market close. It isn’t much, but it is what I had left in cash on one of my accounts. After the bell Research in Motion, maker of the Blackberry, released earnings and so far it already hit $119 in after-hours. Not bad a bad return on a $325 investment (over 10%!).

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Tags: Bullish · Research in Motion (RIMM) · Tech

2 responses so far ↓

  • 1 messels // Dec 20, 2007 at 4:37 pm

    cool! i hope it gaps up 20% tomorrow for you. ;-)

  • 2 Mr K // Dec 21, 2007 at 8:33 am

    Not 20%, but I am happy with the $118/$119 range today. I am holding for a little bit here and see how things play out. Doubling revenue is not an easy task, and RIMM accomplished it (again).

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