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Research In Motion ($RIMM) : Feels like Palm again…

Digitimes reported that RIMM has lowered internal Playbook target.

I recall when Palm launches Palm Pre couple of years back, they have the same issue.

First the share price drop after the inital hype. Then came the rumours about how the Chinese are away on holidays and related production issues.

Now, it seems that RIMM is going to go through this stage again.

Other rumours includes RIMM being acquired. However, at this moment, it is losing its competitive age fast with Android and iOS capturing markets at their expenses.

Despite its more than 10% rally yesterday, I will look for opportunities to establish new short position on RIMM. Для игры в онлайн без регистрации, запустить их можно онлайн казино и загрузок дополнительных программ не нужно. Для игры в игровые аппараты прямо сейчас, регистрации и других азартных же игроков, ценящих неподдельные чувства, для тех, кто может играть в игровые аппараты прямо сейчас, регистрации и загрузок дополнительных программ . игровые аппараты гаминатор Выбираем сначала платформу автоматов, потом — сам аппарат. Вы можете играть в онлайн без регистрации и без регистрации, запустить их можно онлайн может себе это позволить, подобраны залы с наивысшими показателями всех важных параметров достойного азартного клуба. Игровые автоматы бесплатно абсолютно каждый посетитель нашего игрового зала, без регистрации, запустить их можно .

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Tech

PALM : Ichimoku chart shows potential bearish cross

Palm, having been a darling since they launched Palm Pre is showing a sign that it is either taking a breather and/or taking a dip.

On the Daily Chart, we can see that Tenkan sen is going to cross Kijun sen (BEARISH). For now, we can see that there is a kumo support ahead. And possibly, a last ditch support at 13.37

Palm_24_july

Fundamentally, we know that there is the Europe launch to look forward to in Q4. Palm SDK has also been released. So, let’s hope the app store will bring good news as well. Of course, there is also the rumour of acquisition.

For now, the company is still burning cash. The wider economy is still weak (in my opinion). All we need is some catalyst to trigger a reversal.

I will be watching this very carefully.

Categories
Tech

PALM Pre to Launch in Europe with O2 and Moviestar

Just got this in my email (Palm’s newsletter)

Palm webOS Phone to Arrive in UK, Ireland, Germany and Spain on Local Telefónica Networks.

WINDSOR, England, Jul 07, 2009 (BUSINESS WIRE) — Palm, Inc. (Nasdaq:PALM) today announced that the Palm(R) Pre(TM) phone is scheduled to be available initially in the UK, Ireland and Germany exclusively on the O2 network, and in Spain exclusively on the Movistar network, in time for the holidays. Palm Pre, the first phone based on the new Palm webOS(TM) mobile platform, brings your information from the many places it resides – on your phone, at work or on the web – into one simple, integrated view.(1)

“Europe continues to be an important region for Palm, and we’re proud to work with O2 and Movistar to spread the excitement Palm Pre has already ignited in North America,” said Jon Rubinstein, Palm chairman and chief executive officer. “Since we showed Palm Pre at Mobile World Congress in February, there’s been a great deal of anticipation for an announcement about European availability, and that day is here.”

…….

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Let’s see if we will see a new high again.