Research in motion dips below $10 for the first time since 2003, Is it time to buy? or Will it go all the way down..

Research In Motion Ltd. (RIMM) fell to the lowest level since 2003, marking four days of declines since the struggling maker of the BlackBerry smartphone forecast a first- quarter operating loss and said it had hired banks to explore strategic options.

RIM declined 5.9 percent to $9.66 a share at 12:12 p.m. in New York, for the lowest price since Dec. 22, 2003.

RIM said May 29 it will report a quarterly loss, the first since 2004 for the Waterloo, Ontario-based company, according to data compiled by Bloomberg.

JPMorgan Chase & Co. and RBC Capital Markets have been hired to help RIM evaluate options, including forging partnerships, licensing its software and looking at “strategic business model alternatives,” the company said