- 02-22-2013, 03:31 PM #2
Investors trying to dig themselves out of a hole.
Posted via CB10
- CrackBerry Genius
02-22-2013, 03:56 PM #3
- 4,450 Posts
Real investors aren't really paying any of this much attention right now, because nothing has happened since launch that would change their minds about things. They're certainly not going to listen to a few stray analysts -- no matter their leaning -- and make snap decisions at this point.
Speculators, on the other hand, well... they might be jumping every which way lately, since the stock is crazy on a day-by-day basis.
Real investors, however, either bailed out months ago and went elsewhere (if they had zero confidence in RIM), or they invested in the belief that RIM was going to launch on time as promised, they saw that promised fulfilled, the phones initially well received, and now they're waiting patiently for further real news, possibly not expecting it before the earnings report in a month.
- CrackBerry Addict
02-23-2013, 06:00 AM #5
- 737 Posts
i don't care whether you want to buy stock for the long term or shorter term, in my book you are a speculator either way,
and for the record there is nothing wrong with speculating, as long as you know that what you do is speculation.........
- CrackBerry User
02-23-2013, 10:49 AM #6
- 85 Posts
The bottom line is that any trading in a Tech Stock is a casino. There is just no reason to the behaviour of the stock and seems based on what investors think the stock will do in 6 months rather than what the stock is worth at the moment. Personally I believe BBRY remains a solid company, there's just no reason for this stock to be hovering in the low teens.
Last edited by dr0800; 02-23-2013 at 11:06 AM.
- CrackBerry Addict
02-23-2013, 11:38 AM #8
- 785 Posts
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