Re: This thread for Investment ideas, RIMM
in response to
by
posted on
Feb 03, 2012 12:20PM
Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America
RIMM definitely a value play at this point. Technicals are good even though sp has moved up. What is good about the technicals is that sp is running in the upper half of the BB's in a volatility squeeze. No guarantees, but should pop up. How much is uncertain.
Another possible plus is that, at least in my local news, there is a lot of talk about it being a takeover target. Takeover price is all over the board from 19 to 27.
Entry at mid-BB should be somewhat safe.