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Earnings Play

RIMM- A Speculative Play

by OptionPundit on June 17, 2009

RIMM is going to announce earnings Thursday after market close. It will be followed by Options Expiration on Friday. The IVs will drop significantly post earning announcements.
What to expect from earnings; Here is from briefing.com-
RIMM Research In Motion: Expect strong Q1, with gross margin bounce and follow-on catalysts for Q2 outlook – Caris (77.35 [...]

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