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RIMS Stock Hits Lowest Point In Close To A Decade

Last week’s about RIM’s financial trouble hitting the market, as part of it, RIM’s CEO announced early warnings the company would not meet its quarter end forecast quarter.  He also announced that the phone manufacture hired outside organizations to evaluation its options.   Today we now see that RIM has hit a new low as the company was trading at single-digit numbers, this marks the lowest it has trading at in close to a decade.  As of late this afternoon the stock has climbed back up to around $10.03, but did hit a low of $9.97 earlier this afternoon.