I see the short long term with long op's see unfortunately Rimm going to 40 area next few months and if the issues are not resolved or a good indication in their favour see the new trading range 2006 30-45 this has happened to many times w
I agree RIMM is probably headed down. But it all depends on the courts now. A positive ruling or settlement may send this stock back up to the 80s. That's why I haven't held any shorts overnight.
Hah, the shorts over on the Yahoo board (I have no position in RIMM but read the board for amusement - I know it's just chatter) are again complaining that the price didn't go down enough on Friday, and several are calling for the SEC to investigate the trading halt, claiming it's not fair that RIMM halts intraday only on bad news and not good news.