[matt19]

I just wanted to make everyone's night...

If you own stock in Research in Motion, then you might (or might not) want to go look at the after hours value. Just remember I warned you!

Please come back here and post your thoughts,

Matt

[silver_yummies]

Why? whats the reason?

[smaug]

Whoa, lol.

[DJManos]

Lower than expected earnings forecast for next quarter and the gross-margin forecast was softer than forecast. The lower earning s forecast is due largely to the higher than expected cost of launching so many new products at once. Many analysts suspect this is because they are rolling up the costs altogether.

[DJManos]

But, with all that being said, there is no reason to panic and start selling off shares. RIM is still a solid company with excellent fundamentals and a good balance sheet.

[mikecc]

Like what they said in the conference call - new products like the Bold, Storm, are Pearl Flip are eating the margin of the current products like the Curve. Many people, as you can see in many threads in crackberry, are holding off buying new BB until these new toys come out. That's the reason the stock price drops.

[pltaylor]

time to BUY!

[DJManos]

AND if anything I simply see this as a good buying opportunity. I will be increasing my position by about 100 shares tonight.

[matt19]

I just bought 40 more shares when the price was 103 a couple of weeks ago...should of held off.

Thanks for your explanations, I appreciate your input.

[mikecc]

Maybe they shouldn't announce the new products a few months before they actually become available. What would you do if you are thinking the about buying the Curve and knowing the fact that the Bold will be out in a month or 2?

[smaug]

Maybe they shouldn't announce the new products a few months before they actually become available. What would you do if you are thinking the about buying the Curve and knowing the fact that the Bold will be out in a month or 2?

Either way the person is going to buy a device. They aren't really losing in that situation.

[silver_yummies]

AND if anything I simply see this as a good buying opportunity. I will be increasing my position by about 100 shares tonight.

I wish I had 10K to throw into the stock market

[Username5300]

look at it today, this is absolutley friggin crazy. Anyone have any bullets!!!!!!

[Username5300]

I just bought 40 more shares when the price was 103 a couple of weeks ago...should of held off.

Thanks for your explanations, I appreciate your input.

Wow you and I are in the same boat. I have a little more than 40 shares.

[kfrey]

If I had the cash i would buy all I can. BB are for business user Iphone is for people that like toys. Iphone is the reason RIM stock dropped. in a few years RIM will be back on top

[DJManos]

I wish I had 10K to throw into the stock market

Oops! I meant 10 shares. My overall position will be close to 100.

[srplummer]

I agree BUY BUY BUY!!!!

[Reed McLay]

RIM is not immune to the overall conditions of the market.

Even at these prices, RIMM is trading at PE 26.71. That is still very high, the bottom may not yet have been reached.

It is very dangerous trying to catch a falling, blood soaked knife.

[DJManos]

RIM is not immune to the overall conditions of the market.

Even at these prices, RIMM is trading at PE 26.71. That is still very high, the bottom may not yet have been reached.

It is very dangerous trying to catch a falling, blood soaked knife.

Reed, you make an excellent point concerning the PE. Personally I would like to see that number back down in the teens. This has been a rough week for me as an investor as pretty much every tried and tested strategy has gone out the window...