RIM again

rim nov 22 2012 l

Today’s action, so far at least smells like a third of a third. It now looks like a double is in the cards or perhaps a lot more than that if you are patient. When and if it gets to around $14 or so stepping aside would make a lot of sense as chances would be pretty good that you will be able to buy it back at a lower price if the wave structure warrants it then. The boost today probable was caused by the analyst at National Bank, taking a brighter temporary view on the stock with a $15 target.