Even Buyout Rumors Cannot Help RIM

(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) On Friday, briefing.com reported that rumors hit the trading floors that Cisco (CSCO) might make a buyout offer for Research In Motion (RIMM). The rumor was good for a brief 2-hour or so pop before the … Read more

RIMM Is Not Likely to Spend $1.2B On Its Share Repurchase Program

On November 5, Research In Motion (RIMM) announced a buyback of up to $1.2B in shares starting November 9 and lasting for up to a year. When I read this announcement, I pounced on the stock the minute pre-market trading opened. This was quite a mental exercise for me because I had just closed out … Read more