A Tough Year for RIM

It has been a tough year for Research in Motion. RIM's share price is down almost 70% on the year to date.  The systematic risk, as measured by beta, doesn't look too bad as it is hovering around 1. The beta values are calculated using a rolling window of 200 days. Technically, however, the stock looks weak. On the positive side, Jim Cramer recently released RIM from the sell block meaning that in his view, RIM is no longer a sell. There is lots of talk about what RIM is worth and what its next move will be but for now the picture is not bright.