Originally Posted by Jag_Warrior
On April 28, after an earnings guidance call, the stock fell 11% to around $50/share - a six month low. On May 13, the stock was trading down another 13%, at $43.14 (just above its 52 week low).
If the sales don't meet expectations, or they try to use fuzzy math to express sales (as Samsung did with its tablet and Microsoft appears to be doing with the Windows Phone 7), then I expect RIM to take another hit after the May 28 earnings announcement - probably down to the mid $30's. If they exceed expectations, then the stock should recover. But we'll have to wait and see.