Marketgems Earnings Trader- Trading Strong or Weak Earnings Growth

[jenna]

RIMM die-hard shorters couldn't have enough denigrating and bashing this stock, while we thought we'd give it a chance because of a slew of upgrades last week. AT this point RIMM is relegated to being in intraday play.. and can be bought long at every bottom. Today it had a sharp spike low into the thre rising 100 period moving average and is a buy from there (26.44).. I would hold until perhaps the 27.60 will retest. If it retests and moves up from there we could have more acceleration on RIMM