{"id":4594,"date":"2009-11-06T13:38:53","date_gmt":"2009-11-06T18:38:53","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=4594"},"modified":"2009-11-06T13:38:53","modified_gmt":"2009-11-06T18:38:53","slug":"rimm-video-rimms-big-buyback-bet","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2009\/11\/06\/rimm-video-rimms-big-buyback-bet\/","title":{"rendered":"RIMM Video: RIMM\u2019s Big Buyback Bet"},"content":{"rendered":"<p><strong>By Adam Hewison<\/strong> &#8211; \u201cResearch In Motion Ltd. (RIMM) will spend up to $1.2 billion to buy back about 21 million of its shares, or 3.6% of its total shares outstanding. The buyback will start Nov. 9 and last for up to one year.\u201d<\/p>\n<p>That was the headline news today on Research in Motion symbol RIMM so I decided to look at the chart to see what was going on in the \u201creal world\u201d. When I got to the chart, one thing immediately jumped out at me and that was the negative action that this market has shown in the past several weeks. Looking at this market a little closer I was able to see that our \u201cTrade Triangle\u201d technology was 100% negative and that our monthly \u201cTrade Triangle\u201d indicator had turned negative on October 28th at $63.38. This is a major negative in my mind for this market.<\/p>\n<p>In this short video I show you exactly what we expect to see for RIMM in the future. I also share with you some downside targets that we are looking at which may surprise you.<\/p>\n<p><a href=\"http:\/\/www.ino.com\/info\/475\/CD3344\/&amp;dp=0&amp;l=0&amp;campaignid=3\" target=\"_blank\"><strong><span style=\"text-decoration: underline;\">Watch the New Video For Free Here&#8230;<\/span><\/strong><\/a><\/p>\n<p>As always our videos are free to watch and there is no need to register. I hope you enjoy the video and comment about it on our blog.<\/p>\n<p>All the best,<br \/>\nAdam Hewison<br \/>\nPresident, INO.com<br \/>\nCo-creator, MarketClub<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Adam Hewison &#8211; \u201cResearch In Motion Ltd. (RIMM) will spend up to $1.2 billion to buy back about 21 million of its shares, or 3.6% of its total shares outstanding. The buyback will start Nov. 9 and last for up to one year.\u201d That was the headline news today on Research in Motion symbol &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2009\/11\/06\/rimm-video-rimms-big-buyback-bet\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RIMM Video: RIMM\u2019s Big Buyback Bet&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-4594","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/4594","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=4594"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/4594\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=4594"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=4594"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=4594"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}