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| Option Provided by QuoteMedia |
RIMM cleaned house after missing FQ4 estimates, discontinuing guidance, and announcing major executive departures.The rumor started again, "Finally, if reluctantly, admitted it might consider a sale of the company,
WSJ's Deal Journal
plays matchmaker,
trying to suss out which of the many companies rumored to be eyeing RIM
might actually make a move for the ailing smartphone maker."
This where the RIMM 14c Apr came into play. One of the members in the SangLucci Weekly Option room, we talked about if RIMM was able to hold $13.80 per share if could see $14.50 at least for the intra-day trading. Wild card is if you wanted a "Lotto Play" then RIMM 14c Mar Qtr would have done the trick.
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