Friday, June 29, 2007

RIMM Should Be Sold - For Now

At $200, I believe RIMM should be sold, only because the market looks sick. We have had far too many intra-day reversals to the downside and I am cautious on this tape. RIMM can be bought back lower in a few weeks.

-- Faisal Laljee
Full Disclosure: I don't own RIMM but my position can change anytime without notice.