What I Learned From Shorting RIM
News from Seekingalpha.com:

Do you dislike history classes and find lessons gleaned from the past useless? If so, please move on as I know your time is valuable. You won’t get stock tips here. You may, however, find tidbits that may help you protect your equity in the near future.

After releasing disappointing earnings, a dreary outlook and further delays in the release of their next generation phones, RIMM closed at $ 12.52 EOD. It then gapped to $ 14.14 due to news that AMZN, NOK, and MSFT were interested in buying…………… continues on Seekingalpha.com

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Related News:

Minimum wage going up in 8 states
News from MSN Money:

This post comes from Susan Adams at partner site Forbes.com.

While economists and policy makers on the left and the right continue to disagree about the impact of a higher minimum wage on jobs and the economy, eight states will be putting into effect minimum wage hikes as of Jan. 1, boosting the incomes of some 1.4 million low-wage workers in Arizona, Colorado, Florida, Montana, Ohio, Oregon, Vermont and Washington.

The minimum wage in those states will rise between 28 and 37 cents an hour, adding between $ 582 and $ 770 a year to a full-time worker’s compensation, according to the National Employment Law Project, a group that supports a higher m…………… continues on MSN Money

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