Currently down more than 13% on yesterday's closing price, at 46.49 - to put that into perspective, September 13th last year saw a low point of 45.40, which is the lowest close since November 6th 2006 (45.33). By February 18th this year it had got back to a ~9 month high of 68.92. The all-time high for RIM was 149.90 in June 2008, but the price reached that level then dropped back down all in the space of a few months.
TLDR of the above paragraph - last September the price of RIM stocks dropped almost as low as it was in 2006 before it really started growing, and now there is a possibility it will do so again.
Side note: this submission is to an editorialised piece (which in my opinion is pretty badly written), would prefer it be straight to the source: http://press.rim.com/release.jsp?id=5015
Re:RIP, RIM: The death spiral is underway
by sandipc on Friday April 29, 2011 @11:32AM
(#2497702)
The "source" you linked to only contributes to a small portion of this article. The RIM press release doesn't make any mention of how RIM's competitors are doing.
Currently down more than 13% on yesterday's closing price, at 46.49 - to put that into perspective, September 13th last year saw a low point of 45.40, which is the lowest close since November 6th 2006 (45.33). By February 18th this year it had got back to a ~9 month high of 68.92. The all-time high for RIM was 149.90 in June 2008, but the price reached that level then dropped back down all in the space of a few months.
TLDR of the above paragraph - last September the price of RIM stocks dropped almost as low as it was in 2006 before it really started growing, and now there is a possibility it will do so again.
Side note: this submission is to an editorialised piece (which in my opinion is pretty badly written), would prefer it be straight to the source: http://press.rim.com/release.jsp?id=5015