Seems like investor confidence is building in RIMM stock
, which has recently risen to a four-month high. The recent boost started on the announcement
a few days ago from RIM CEO, Thorsten Heins, that BlackBerry 10 had reached testing with more than 50 carriers worldwide.
Shares in the BlackBerry maker closed up 19 cents, or 2.1 per cent, at a high of $8.90 (U.S.) on the Nasdaq Monday, and today jumping up to $9.06.
This nice little trend has gotten investors talking. However, many are still on the timid side as they wait to see if BlackBerry 10 can carry out as a competitor to the iPhone and Android platforms.
With the announcement today from Heins on six BlackBerry 10 devices on launch, we may see some more stock value increase. But I wouldn't get too excited too soon, as investors are most likely going to hold off the big bucks until they really start to see more of the already impressive BlackBerry 10 OS, and how competitive it's hardware will be to the products already out there.
What do you think would be a good time to buy RIM stock before they launch in Q1 of 2013?