RIM update

rim jan 18 2013

Jefferies has upgraded its outlook on this stock with a target of $19  (US). The stock is trading at 15.83 (US) and should reach $16 Can. today if not a little more. At these levels you have essentially doubled your money and we would sell. I ultimately this proves to be a 5 wave sequence the stock could go much higher, but should first drop back to $10/$11.