[Thunderbuck]

Mr. Misek has had a dramatic change of heart re RIM, upgrading the stock to a "hold" and a 12 mo target of $43 (!)

Sounds good to me!

The Markets Are Open: Research In Motion Limited (NASDAQ:RIMM) Extends Rally On $43 PT By Peter Misek

[Superfly_FR]

lol I really love the way you/they present it (shhhhh)

[Thunderbuck]

Misek has been such a PITA for so long... I wonder what convinced him?

[Thunderbuck]

Ahh, a little more info:

"Preliminary results from our quarterly handset survey indicate developed market carriers have a much more positive view of BB10 than we expected," Misek said in a note to clients.

[tinoman]

Here's a video of him on bnn this morning

RIM wins vote of confidence ahead of BB10 - BNN News

[Mr.Conviviality]

I realize why I've paid no attention to this Misek dude.

he's useless.

[Thunderbuck]

I realize why I've paid no attention to this Misek dude.

he's useless.

Useless or not, he's probably had more influence than anyone else in keeping RIM's stock price down in the past year.

[Superfly_FR]

Misek has been such a PITA for so long... I wonder what convinced him?

lol, TB, you obvioulsy don't read my posted links ;-)

[neteng1000]

Okay so let me get this straight! He gave it only 20-30% chance of success (<50%), yet raised both his target and his rating on the stock? LOL

Did I miss something? Maybe that’s his way of admitting he was wrong about RIM without saying he was wrong! Would anyone in their right mind raise a stock outlook on only 20% ?? This guy is taking advice from Cramer me thinks!

[dentynefire]

Mr. Misek has had a dramatic change of heart re RIM, upgrading the stock to a "hold" and a 12 mo target of $43 (!)

Sounds good to me!

The Markets Are Open: Research In Motion Limited (NASDAQ:RIMM) Extends Rally On $43 PT By Peter Misek

Personally and it depends on a whole lot but I'm saying $40 and approaching $60 in a year. Now I'm not a paid analyst but when you consider that RIM still has no debt and has secured the handling of NFC transaction endpoints for all carriers in Canada for all devices this brings in CASH!. This could happen in other countries as too as RIM is already in multiple countries. Not to mention how many of the 80 Million subscribers might want to upgrade? 10%-20%? That could be 15Million upgrades. I also think RIM has got there ducks in a row as far as advertising and there is apparently lots of carrier support for BB10.

I think people see BB10 and like it but could take a year to take off as peoples contracts expire. This is where the risk is. Adoption rates. But the good thing is that if everything is at least "good" BB will head into Christmas season with multiple BB10 products and they will likely have an upgrade to BB10 too.
I think people have seen that the Apple innovation machine is starting to spin its tires - it really is RIMs game to lose AFAIK.

[Thunderbuck]

Personally and it depends on a whole lot but I'm saying $40 and approaching $60 in a year. Now I'm not a paid analyst but when you consider that RIM still has no debt and has secured the handling of NFC transaction endpoints for all carriers in Canada for all devices this brings in CASH!. This could happen in other countries as too as RIM is already in multiple countries. Not to mention how many of the 80 Million subscribers might want to upgrade? 10%-20%? That could be 15Million upgrades. I also think RIM has got there ducks in a row as far as advertising and there is apparently lots of carrier support for BB10.

I think people see BB10 and like it but could take a year to take off as peoples contracts expire. This is where the risk is. Adoption rates. But the good thing is that if everything is at least "good" BB will head into Christmas season with multiple BB10 products and they will likely have an upgrade to BB10 too.
I think people have seen that the Apple innovation machine is starting to spin its tires - it really is RIMs game to lose AFAIK.

Agreed on all counts. Personally, I see $40 by the end of calendar 2013 as the upper end of "reasonable" but if BB10 launches well I hardly see it as impossible.

[The Furbz]

Love it when naysayers have to eat their words, #BB10 FTW

[Wiki Cydia]

Useless or not, he's probably had more influence than anyone else in keeping RIM's stock price down in the past year.

Is there any evidence that Misek's opinion has been more important than the RIM's results, management change and the timing of the BB10 release?