RIM update

rim nov 22 2012 brim nov 22 2012

See also previous blogs (the index is working again thanks to the best IT team in the world!). Twice we recommended buying this stock, each time it dropped a bit the days immediately afterward so if you had acted on that you should own the stock on average at around $7.60 or so. For reasons described in those blogs this stock should go up. It is now at $10.23, up 34%. Presently $11.17 (up 47%) is within reasonable possibilities as that represents the 4th wave of wave 5 of 5, more or less a minimum expectation. Ultimately it may go a lot further but we would recommend using a stop when going into the buy-and-hold mode,