Today, it is getting a nice pop on bullish comments from Amtech and RBC. Amtech upped its target to $175, and said it expects RIMM to "blow-out" guidance next week, and that it would be an aggressive buyer ahead of the quarter. RBC said it expects the company to raise guidance due to strong Pearl sell-through.
This is just a trade for me, so I can't say that I will still be around for next week's earnings report. The last earnings report was obviously a huge catalyst for the recent run, so it's reasonable to expect another strong quarter. But the risks have increased also, due to the lofty valuation.
long RBAK, SIRF