TSX Top Traders: (HND), (BB), (BBD-B), (SU)
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Visit: Research In Motion Limited
New York, New York - February 25, 2013 (www.investorideas.com newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on the top traders on the TSX for February 25th, 2013.
Horizons BetaPro NYMEX Natural Gas Bear (TSX:HND) trading at $3.970 dropped by $-0.300 or -7.03% on a volume of 3,690,687 shares, making it today's top trader on the TSX.
Research In Motion Limited (TSX:BB) trading at $13.740 rose by $0.260 or 1.93% on a volume of 2,204,820 shares.
Research In Motion investors may have reason for concern as Samsung begins making a major move into the corporate smartphone. The company behind the Galaxy line of smartphones -- which along with Apple's iPhone dominates market share --announced the Samsung Knox last Monday.
The "enterprise mobile solution" is aimed at strengthening Samsung's position in the business to business market, which BlackBerry is also targeting with its new line of smartphones.
Samsung says Knox allows enterprise customers, who are mainly employees at government, corporate and private businesses, to use one device for both "work and play."
It's a direct challenge to BlackBerry, which is hoping its BlackBerry 10 enterprise service can help restore the troubled company.
BlackBerry's new line of phones are also touted as a work-play solution -- through its BlackBerry Balance feature -- and the company has made other moves recently in an attempt to fend off enterprise market competitors.
Bombardier Inc., (TSX:BBD-B) trading at $4.000 went down $-0.040 or -0.99% on a volume of 2,115,885 shares.
Suncor Energy Inc., (TSX:SU) trading at $31.980 gained $0.030 or 0.09% on a volume of 2,064,203 shares.
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