UPDATE: RIM (RIMM) Shares Ramp Higher on Market Chatter
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(Updated - November 16, 2012 3:30 PM EST)
(Updated - November 16, 2012 3:02 PM EST)
Research In Motion Ltd (NASDAQ: RIMM) is ticking higher late Friday, shares now creeping into positive territory. The stock is up 2 percent on the session.
UPDATE - Market chatter is that a large fund is buying shares of RIM, though no specific names are floating around.
UPDATE 2 - Sources have said that the Chow Fund made some purchases about 20 to 21 hours ago, though the news hasn't been picked up yet. Since first reporting, RIM shares are up an additional 2 percent to about $9.14 Friday afternoon.
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(Updated - November 16, 2012 3:02 PM EST)
Research In Motion Ltd (NASDAQ: RIMM) is ticking higher late Friday, shares now creeping into positive territory. The stock is up 2 percent on the session.
UPDATE - Market chatter is that a large fund is buying shares of RIM, though no specific names are floating around.
UPDATE 2 - Sources have said that the Chow Fund made some purchases about 20 to 21 hours ago, though the news hasn't been picked up yet. Since first reporting, RIM shares are up an additional 2 percent to about $9.14 Friday afternoon.
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