Submitted by: Submitted by inuyashaaa
Views: 272
Words: 424
Pages: 2
Category: Business and Industry
Date Submitted: 06/30/2011 04:44 PM
Initial Stock Market Report
Stock which would rise: Research in Motion Limited- RIM
I think that the price of the RIM stock would rise in the near future.
Factors I think that will impact the price and how they impact the price:
- Company planning to extend its influence into China.
■ According to an article Wojtek Dabrowski wrote, RIM has reported another profit on
Thursday which had beat the expectations.
■ More people using products from RIM, therefore, the price would goup in the near
future. RIM co- chief Executive Jim Balsillie has said that there’s diversity in the user
base (mutiple countires and multiple market segments). Opening a new market line in
would mean there’d be more customers buying the products which would in turn give
a rise in the price..
- New products
■ This would attract more customers and also old customers to buy the new products,
thus the profit would be higher, which would in turn raise the stock market price later.
- Price History
■ Looking at the charts where it shows the price history of Research in Motion. The price
has been climbing up slowly. It is at the highest now compared to August. It is
expected that the price would continue to rise due to the increase in customers and
markets which now might extend to China.
I think that the price of Teck Cominco Limited (TCK.A) would decline in the near future:
- Price History
■ The market price has been fluctuating a lot. It is very unstable. It is not yet at its lowest,
compared to prices before. Therefore, there’s a lot potential that the price would
decline in the near future.
- Outstanding shares
According to a report by Greg Weller, this company might face compulsory acquisition;
therefore, the shares would have to be deleted from the Toronto Stock Exchange....