Pamela Landry, a novice investor from Montreal, bought 2,000 shares of Research In Motion (RIM) stock during

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Pamela Landry, a novice investor from Montreal, bought 2,000 shares of Research In Motion (RIM) stock during August 2012. During this period, RIM reported a loss of $518 million in revenues from the previous year. The company required around $300 million in restructuring costs and laid off more than 3,000 employees. Explain the behavioural finance concept Pamela is exhibiting and how is this influencing her decision-making.

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Fundamentals of Corporate Finance

ISBN: 978-0071051606

8th Canadian Edition

Authors: Stephen A. Ross, Randolph W. Westerfield

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