[TTune]

Although RIM posted tremendous results (1m new subs, great profits) the stock took a $15 dive this week as the conference call lacked even rosier future guidance.

I'm long and used this dip to pick up some more but I'm curious to see if there are opinions out there about the future valuations of this as an investment.

Some analysts feel that the price should hit $175 (it's currently at about $150 or so at the moment).

Thoughts?

[sprat]

Originally Posted by TTune

Although RIM posted tremendous results (1m new subs, great profits) the stock took a $15 dive this week as the conference call lacked even rosier future guidance.

I'm long and used this dip to pick up some more but I'm curious to see if there are opinions out there about the future valuations of this as an investment.

Some analysts feel that the price should hit $175 (it's currently at about $150 or so at the moment).

Thoughts?

hope you did the right thing considering the stock is over $200 today