RIMM (Research In Motion) stock down: will it recover

As we know Research In Motion (RIMM) was not having a good time on the markets, their second quarter was down and now it looks as though the third quarter is also set to be down. RIMM stocks are now estimated to be down 14.26 which are on 8.8 million shares.

Research In Motion shares closed up by 0.82 at $97.53 on above average volume. The phone company’s stock finished near the lower end of a 3 week range.

For up to date details of RIMM power ratings and where there stocks stand visit Trading Markets. Hopefully if the American bailout passes congress then we should see the markets start to recover.

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