New York (January 3rd, 2013) - Research In Motion Limited (NASDAQ: RIMM), the maker of BlackBerry smartphones, is marginally lower in mid-day trading today. RIMM has slipped in trading today even as the company, along with T-Mobile USA Inc., announced the most affordable BlackBerry smartphone on T-Mobile’s nationwide network-the BlackBerry Curve™ 9315.
Of course, all eyes are focused on the launch of RIMM’s new BlackBerry 10 operating system and two new phones later this month. RIMM is pinning hopes on the new operating system as it looks to regain some of the smartphone market share. Last month, RIMM had reported a drop in its subscriber base in the third quarter, the first ever drop in the company’s history.
RIMM is currently trading 0.64% lower at $11.64 on volume of 9.37 million, which is nearly a fifth of the daily average volume of 50.45 million.
Find out if this is the right moment to trade RIMM
by getting the free full report here: http://www.wallstreetreport.net/market-scan/?symbol=RIMM
Microsoft Corporation (NASDAQ: MSFT), the maker of Windows operating system, is also lower in mid-day trading today, reversing some of the gains from earlier in the week. MSFT had rebounded earlier this week after falling sharply last week. The stock had come under pressure last week amid reports that sales of the latest Windows 8 operating system have disappointed analysts.
The stock recovered this week, however, it has slipped after failing to break through $27.60 resistance level. At last check, MSFT was down 0.68% to $27.43 on volume of 10.18 million, which is nearly a fifth of the daily average volume of 52.18 million. MSFT is still up more than 3% for the week.
Find out where MSFT could be headed by getting the free full report here:
WallStreetReport.net issues momentum alerts on stocks that can provide gains to day traders. WallStreetReport.net provides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. WallStreetReport.net monitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities.Through a vast network of IR professionals WallStreetReport.net is often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the WallStreetReport.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully trading Penny Stocks and invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Subscribe Here: http://www.WallStreetReport.net
Disclosure: WallStreetReport.net is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Net website, for complete risks and disclosures.
BlueLys, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.
WALL STREET REPORT