[Tinomane]

Ok, so what's the predictions for today? I'm hoping to be high fiveing throughout the day.

I have a feeling today is going to be a monster day. Small headfake in the morning to shake some weak longs and we're going at least 4% green.

[morlock_man]

I'm about to fire up my magical magnetic market manipulation machine.

[drummer_god]

in the TSX, we're playing in the range of $13.96-$14.31 so far.
only $.35 swings thus far. i can deal with that! just want to see green at the end.

[Tinomane]

I'm about to fire up my magical magnetic market manipulation machine.

Just google up some year old articles and start posting them. That's the basher's go to move.

[drummer_god]

At the open: Markets rise, but RIM stumbles after downgrade - The Globe and Mail

MKM Partners downgraded RIM to "sell" from a "neutral" rating and cut its price target to $10 (U.S.) from $12. MKM analysts said they see a higher probability that the BlackBerry 10 devices will fail, based on stalling sales momentum in the U.K. and further testing of the new devices. MKM was especially critical of the applications that are available to users, commenting that the new operating system has less than 10 per cent of the most popular Android applications and fewer than 5 per cent of the most popular iPhone applications. They don't believe the device is different enough from the products of rivals to save the BlackBerry brand. RIM shares are down about 1 per cent.
-------------------

scotiabank reevaluated BB's patant portfolio and more than doubled it's value. that story gets no play. what gets play is this garbage.

[lcjr]

I'm about to fire up my magical magnetic market manipulation machine.

I have to remember that one!!

[lcjr]

Wow, talk about a head fake, this is more like a neck snapper. Somebody cork this thing off!

[drummer_god]

same story as yesterday; start green, 10am it goes red. hopefully we see the 3:00pm rally back to green again.( or earlier..lol )

[AlexejKir]

So far, Frankfurt in green, however the price is around 13,74$, mainly due to the exchange rate between € and $. Im hoping for us to break 14$, we need that to stay up

[Andrew4life]

Well, considering we got downgraded this morning, we're doing pretty well so far.

As for the Scotiabank re-evaluation of the patents. Patents are a very grey area so saying it's worth more than it's actually values is like saying you've got some really old antique valued at 2x than it was previously thought. Well, it's worthless if no one buys it, and until it sells, no one has a good idea of what it's worth. It's "mushy news"

[drummer_god]

patent portfolio being valued at over $2.5 billion when it was previously valued at $1 billion might be 'mushy' news, but not any more 'mushy' then some guy downgrading BB target price from bad to slightly worse. ( in other news, the bear is still a bear ).
why circulate one story without mentioning the other? let investors see both sides and decide for themselves.

[bungaboy]

What's with Telus (non-corporate independant stores)? Took over two weeks to get phones in my local store and they won't sell outright. Only way to get one is on a 3 year plan ($50/month plan minimum) for $149.

You can buy elsewhere if you have an existing account is my understanding. Oh well.

[jhill396]

I'M IN BOYS!! Only 45 @ 13.58 so far but it feels good to go finally join the roller coaster!

[bungaboy]

patent portfolio being valued at over $2.5 billion when it was previously valued at $1 billion might be 'mushy' news, but not any more 'mushy' then some guy downgrading BB target price from bad to slightly worse. ( in other news, the bear is still a bear ).
why circulate one story without mentioning the other? let investors see both sides and decide for themselves.

But, that's not how to manipulate. LoL

[bungaboy]

I'M IN BOYS!! Only 45 @ 13.58 so far but it feels good to go finally join the roller coaster!

Well if you are like me it will now fall by 10% or so. LoL. Welcome aboard.

[morlock_man]

These same bears are the ones who were saying BB10 wouldn't even make it to market.

That RIM would be burning cash over the last 2 quarters.

Why would they suddenly start being right?

[Alexander Tran]

What's with Telus (non-corporate independant stores)? Took over two weeks to get phones in my local store and they won't sell outright. Only way to get one is on a 3 year plan ($50/month plan minimum) for $149.

You can buy elsewhere if you have an existing account is my understanding. Oh well.

Telus doesn't have enough supply. All the stores I called only had like 5-7 on launch day. With new shipments of 5-7 coming in every few days. Their shipments are crap relative to Bell and Rogers

[Andrew4life]

These same bears are the ones who were saying BB10 wouldn't even make it to market.

That RIM would be burning cash over the last 2 quarters.

Why would they suddenly start being right?

Because BlackBerry is now marketing the S^#@ out of their BB Z10. There are ads everywhere!

[morlock_man]

Because BlackBerry is now marketing the S^#@ out of their BB Z10. There are ads everywhere!

How would this suddenly make them right?

[MoolahMitch]

Well if you are like me it will now fall by 10% or so. LoL. Welcome aboard.

And me!

[silversun10]

looks like BBRY only wants to go down

[Andrew4life]

How would this suddenly make them right?

Well, it doesn't make them right for sure, but now they have a good explanation of how they would burn through cash.


And............ we're at $13.35.....lets see if we drop through

[OMGitworks]

Could be a tough day. Hopefully a reversal in store for this afternoon. Historically, BBRY spends remarkably little time between 12 and 14. I hope 14 remains support and doesn't flip to resistance over the next few days. My concern is growing, no good news on the horizon, not a lot of buyers, and a large % of shorts just waiting to pounce. Be careful out there....

[Andrew4life]

Waiting for it to rebound???

Edit: Nope, guess not. At least not today.

[slipstream89]

yes we did