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March 4, 2006


RIMM Shot Nearly Impossible to Catch

Assuming you were watching the scanner after-hours and caught the RIMM settlement news, only the fastest fingers could have caught the stock much below $80. At 17:45:01 the bid went from $71.70 to $76.51; at 17:45:10 the bid was $79.86; and after 17:45:12 it never once traded below $80.

Who says the market ain’t efficient? ;-)

RIMM

This entry was posted on Saturday, March 4th, 2006 at 11:32 am (utc+8) and is filed under Trading and Investing.

One Response to “RIMM Shot Nearly Impossible to Catch”

  1. MaoXian » Another Impossible to Catch RIMM Shot said:
    September 30th, 2006 at 10:04 am

    […] Back in March I wrote a post about RIMM’s after-hours action called RIMM Shot Nearly Impossible to Catch. Well yesterday it did it again except it went from $85 to $100 instead of from $72 to $87. One company offered me a free “Crackberry” but I refused knowing that it would further unleash the obsessive-compulsive geek in me. ;-) […]

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