The crux of the matter is;
Why is there a sell on a company with a S/P of $14.00
that is making $4.5B sales and an EPS of 83 cents in only one Quarter.
Has a Book value of over $20.00 ( next week)
No Debt and only a small Goodwill
Friday, March 23, 8:15 AM "It's going to get worse," Citigroup’s Jim Suva says in reiterating a Sell on Research in Motion (RIMM), expressing “surprise” RIM hasn’t yet warned about its FQ4 given “the outlook provided last quarter was substantially below expectations." Suva models $4.56B in revenue on sales of 11.4M Blackberrys and 241K PlayBooks, and
.83 EPS, all below RIM’s guidance. RIMM -1.3% premarket