RIM Dials Up Short Interest
When Research In Motion (RIMM) reports earnings on Sept. 27, it seems as if traders are betting on bloody results.
After peaking above $8 on Aug. 13, the stock has steadily traded down almost every day since. Tuesday, it scraped against its 52-week low of $6.56. What had previously caused it to jump in early August were a couple of rumors of potential buyers for parts of the company. Thoughts of those acquisition offers have now receded....238 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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