With every man, woman, and child now firmly aboard the ‘RIMM is back’ bandwagon, the squeeze in after-hours trading appears to have had a 30-minute half-life. It seems the Blackberry-maker just can’t get a break. Two words “iconic” and “Kodak” come to mind… RIMM is now -9% on the day, after being up 4% at the day-session close and up over 13% on earnings news… oops. Paging Eric Jackson? Or Jimbo?
$RIMM huge–you close enough plants and keep revs stead, you make a ton of money…
— Jim Cramer (@jimcramer) December 20, 2012
RIMM -20% from after-hours highs