RIM absurdity...RIM buyout offer imminent The valuation of just over 7 billion and bashing have gone from obscene to absurd... Massive Rebound Imminent!!!!!!
I would not doubt a buyout offer within weeks as this has gotten so out of hand. the cnbc squawkers have aided in pushing apple over half a trillion market cap... apple could issue a few shares and take out all of EIM patents, technology, distribution, and not even blink.. remove any potential future competitor ...
my guess is that 17 to 18 dollar bid takes it!!!!!!!!!!!
Daily chart- first resistance back at 14.25, then 15...... then look out to 17... 18 dollars takes out rim to buyer... 23 dollars if you are lucky and Apple gets a competing bid
monthly chart, six down weeks, highler low.. over 2 std deviations from 50 day mvg avg.
