Jim's
rating on
this stock

STOCK
SYMBOL

Closing
price that
day

Full Company Name & Jim's Comments:

RIMM

56.80

Mad Mail question:

Research In Motion (RIMM)

Q:    A Houston-sized Booyah!    Research In Motion (RIMM) was getting hammered last week! What do you believe is the underlying reason for this? I own a sizeable position in RIMM and do my homework daily… is this just a case of short-sellers gone wild?
- Michael in Texas

Jim:    Michael, I think that it could be profit takers gone wild.. .this stock has been a huge stock in 2009.. remember they didn’t report a beautiful quarter… I still believe that Research In Motion, and this I get from my work with Verizon (VZ), is on fire… so I like to buy it on every dip… by the way, the technicians that I talk to they all want me to recommend it on the show… I have recommended it so many times that we don’t need technicians to tell us.