Research in Motion (NASDAQ:RIMM): The Bounce that Wasn’t

The shock factor of Research in Motion’s (RIMM) guide-down pretty much outweighed the catalyst trade on Friday. All we got was a 1.5-2 pt squeeze at around open that did little else than bring in additional sellers.

I would have preferred a flush toward the $47+ level around open, followed by a nice 2-3 pt bounce throughout the day.

Sometimes it’s all about the trading dynamics.

Sorry to be boring you with this on a Sunday.

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