View Poll Results: Did you buy shares ?
- 813. You may not vote on this poll
I support BBRY and I buy shares !
Call me a dreamer, a fanatic, a fool or whatever, I'm just buying some RIM shares right now.
While I think it can't really hurt me and I may have a delicious surprise in,say, 5 years, I'm not doing this in a speculative vision, just a support action. As my savings are low, I'll not spend a lot, so maybe I'll buy only 5.
How many of us (and friends) can afford this ? I don't know ...
But if we actively buzz this, it may ... oh, yes, I'm a dreamer...
But just imagine 10% of BB users claiming five shares ...
P.S: Yes, I'm a part of the 99% : I have no other share anywhere.
Disclaimer : buying shares is a high risk action that must not be done unless the money you engage is under 5% of your personal liquid assets. By no mean I intend to forecast a raise of the shares or any kind of advantage. Be aware that You can lose everything and I won't be responsible for this in any circumstance.
Edited 09/22/2012 : The original title "I support RIM : I buy share" was misleading many contributors. As of date, I modified my #1 post title and ask mods for the thread title change with : "I support RIM and I buy share". Slight difference, but I believe it gives another meaning to this sentence, closer to my opinion.
Edited 02/04/2013 : RIM have changed their name to BlackBerry. Therefore, the title change to "I support BBRY and I buy shares !". P.S : This change is subject to mod appreciation so that it may not appear clearly in the forum ... (done : THANK YOU whoever is pressing the button !)
Last edited by Superfly_FR; 02-04-2013 at 12:29 PM. Reason: Title modification
- CrackBerry Addict
11-02-2011, 09:42 AM #5
- 891 Posts
I think RIM's future is bright.
Like Warren Buffet says "Buy when people are fearful and sell when people are greedy".
I think he has done well.
However, I'm not sure I could endorse this type of suggestion by the OP. I support RIM and love their products (especially the OS7 phones and the Playbook) but people need to review their investment objectives before they invest.
I have a few shares of RIM and feel pretty confident they will go over fifty in the next twelve months as a result of valuation and succesful OS7 launches around the world not being recognized by an amazingly negative media. Further, if RIM does surprise everyone and produce a BB-X phone that is as good as it could be, then the stock could go to a hundred again.
However, I'm not sure people should buy shares because of a post on the CrackBerry website. It is not the optimal source. People should consult their financial advisor if they have one or do some research themselves. ValueLine is a popular paid service that Warren Buffett himself has praised. Maybe start there.
- 11-02-2011, 10:10 AM #7
Support RIM by buying its products and using its services. Don't 'support' RIM by investing in them. Keep your head separate from your heart.
I see countless posts about RIMM on this forum, and can't help but wonder how young, foolish, and ignorant many of you are with your investing ways.
Thanks for your "answers" and "good luck".
Please note (again) this is not an "investment" ... and we're taking about 20 boxes a share.
And, "en vrac" (LIFO):
- hopefully I didn't invest 5 years ago, anyway didn't even consider investing at this time (or ever)
- I'm not young (45) nor foolish and if you want to talk about riding ... well maybe we can discuss a little.
- Gambling, well, I presume I have about 2K more chance than with a lottery to get my investment back
- People should sometimes read Buffet, thanks for this one
- An Uncle of mine was surnamed "Bernie", but he wasn't Mad off (lol)
Last edited by Superfly_FR; 11-02-2011 at 10:40 AM. Reason: edited the 5 years ago, to be more specific (no blame)
- 11-02-2011, 10:35 AM #12
There are far too many native English speakers who insist on misspelling "lose". The same holds true for "advise/advice". It makes me think that the generations behind me aren't getting a proper education. Certainly there are posters who have completed college and STILL can't use those words properly. It's not like it's a typo--they spell it incorrectly due to not having been taught well.
Last edited by dave1812; 11-02-2011 at 10:38 AM.Dave - Moto Bionic
- 11-02-2011, 10:59 AM #17
Hey Op, are you interested in some beach front property in N. Dakota? Rimm stock has been toast since the beginning of this year. My advice is read books on the market and diff investment strategies.
Posted from my CrackBerry at wapforums.crackberry.com
- 11-02-2011, 11:00 AM #18Dave - Moto Bionic
- 11-02-2011, 11:06 AM #21
It's not like a small investor like the OP will lose much. And with the release of the 9900 on AT&T and BBM Music, the share value should at worst stabilize. I'm no market analyst but I am usually right in my predictions. I predict RIM will fall a tiny bit further and then climb nominally in the near term with a temporary spike when they actually release the BBX/QNX products and/or OS2 Playbooks. However, I would guess that BlackBerry dominance of the market is completely over and won't be coming back without major innovation-which would require a change of leadership.
Well, I thing this is an ego thing. Being #1 is not necessarily the best place in a world crisis environment. RIM became famous by its tightened relations with enterprises, when texting then emails or BBM where in their birthday suits. Then, the keyboard made the difference and everyday users came to its devices.
When they were #1 the market was what ... 20% of what it is today ? And they did take money ... a lot of money. Why ? Because they did rely on high margin products: services, and had a captive audience as their hardware was mandatory.
In short, I think RIM can be a high profitable company if they go companies but have to make a breathless effort to gain mass market.
Just hope they target well; and how I feel it makes me believe they do.
Edit: just rewind the history of IBM ...
- 11-02-2011, 01:43 PM #24I survived the Storm of 2008 and the PlayBook of 2011.
- 11-02-2011, 01:50 PM #25
I've balanced out recently to bring my average cost down. I don't plan to be selling out till 2013 anyway at which time, I'll either be really happy, or be out a few thousand dollars, I've saved the few thousand in data costs over the years, so I'll call it even.oops...
Statistics are like bikinis. What they reveal is suggestive, but what they conceal is vital. \
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