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  1. morlock_man's Avatar
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    Default RIM stock above $9

    RIM stock climbed to above $9 as the market opened on Monday.

    Its the highest its been since June.
    Thanked by:
    Superfly_FR (11-05-2012) 
    Superfly_FR, SirJes and study_lady like this.
  2. GTiLeo's Avatar
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    #2  

    Default Re: RIM stock above $9

    blahhh i know i should have bought stocks at $6ish what a kick to the rear
  3. SirJes's Avatar
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    #3  

    Default Re: RIM stock above $9

    And im loving it!...im guessing between now and BB10 launch its going to be on a more or less rise..might have some drops but in the ending its going to be higher than anyone expected..
  4. GTiLeo's Avatar
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    #4  

    Default Re: RIM stock above $9

    not if the sales aren't there, right now the rise is there because of greater interest in the stock since BB10 is looking more and more real, and that it will actually be a likely hood that RIM will release it and that the company won't collapse before it can even go on sale
  5. Nindia's Avatar
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    #5  

    Default Re: RIM stock above $9

    I'm staying away for now. I think in the long term RIM will be fine, but this quarters results will not be good for many reasons.

    December 27th I believe is the next quarterly report.
    alan510 likes this.
  6. Caymancroc's Avatar
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    #6  

    Default Re: RIM stock above $9

    This stock is going up because Jim Cramer said to not get involved with it. If he said to buy it, it would have gone down.
    sleepngbear and Masahiro like this.
  7. Superfly_FR's Avatar

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    Hey, what did you expect ?
    #7  

    Default Re: RIM stock above $9

    Quote Originally Posted by Caymancroc View Post
    This stock is going up because Jim Cramer said to not get involved with it. If he said to buy it, it would have gone down.
    lol

    To OP, thanks, reported also here (after your post) : http://forums.crackberry.com/news-ru...0/index35.html
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  8. #8  

    Default Re: RIM stock above $9

    Quote Originally Posted by Nindia View Post
    I'm staying away for now. I think in the long term RIM will be fine, but this quarters results will not be good for many reasons.

    December 27th I believe is the next quarterly report.
    True, except that everybody is expecting this to be a bad quarter. Three disappointing quarters were already baked into the price, until that last quarter wasn't as disappointing as expected. I don't see the price taking another nosedive after the next quarter unless BB7 sales totally tank globally. I think between renewed confidence in the company ability to actually get BB10 out the door and positive feedback trickling in from hands-on users, I feel pretty good about the price to continue a slow rise until BB10 is out there, at which point sales will dictate what it does from there.
    Ed

    Ursus moderatus levisomnus.
    Superfly_FR and bungaboy like this.
  9. Rockstar3331's Avatar
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    #9  

    Default Re: RIM stock above $9

    I checked out the bb jam video showcasing the bb10 and it looks very
    Exciting. I want to buy back stock but need to know if android apps
    Will be easily available on bb10 phones. Are android apps easily available on
    Playbook now.
    All negative news on rim has been based on lack of ecosystem.
    With large selection of Apps I believe bb10 will be a winner
  10. koolrosh's Avatar
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    #10  

    Default Re: RIM stock above $9

    I checked out the bb jam video showcasing the bb10 and it looks very
    Exciting. I want to buy back stock but need to know if android apps
    Will be easily available on bb10 phones. Are android apps easily available on
    Playbook now.
    All negative news on rim has been based on lack of ecosystem.
    With large selection of Apps I believe bb10 will be a winner
    Yes, you will be able to sideload Android Apps on BB10 & developers can repackage their Android Apps and submit them to BB10 App Store.
    RIM will also have a system where they will rate High Quality Apps, so that you know which app is high quality and which one is low quality.
    Thanked by:
    Rockstar3331 (11-05-2012) 
  11. Dapper37's Avatar
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    #11  

    Default Re: RIM stock above $9

    I believe the stock will be around $11 to $12 buy launch.
    If TH is able to provide a quarter in Dec, only as good as the last one the stock could be much higher!
    peter9477 and bungaboy like this.
  12. bungaboy's Avatar
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    #12  

    Default Re: RIM stock above $9

    Slow and steady works for me.
    "Proud member of the Peevishlicious Crew" (Tank Pilot)
    Toodeurep likes this.
  13. kill_9's Avatar
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    #13  

    Default Re: RIM stock above $9

    RIMM is not a growth stock and without a dividend there is little upside to buying any RIIM shares. Maybe after 2015 the price might reflect an upward trend, however, at the moment emotion and speculation will only leave you with a piece of paper worth less than most people's degrees during the last decade.
  14. lnichols's Avatar
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    #14  

    Default Re: RIM stock above $9

    I'm still predicting another drop at the next earnings call before BB10 launches.
  15. Rockstar3331's Avatar
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    #15  

    Default Re: RIM stock above $9

    Quote Originally Posted by koolrosh View Post
    Yes, you will be able to sideload Android Apps on BB10 & developers can repackage their Android Apps and submit them to BB10 App Store.
    RIM will also have a system where they will rate High Quality Apps, so that you know which app is high quality and which one is low quality.
    That's Great. I think a lot of people are going to be positively shocked
    When the BB10 comes out. I'm holding out and waiting for the new phone. Pressing the home
    Key to switch application is a pain in the . It is actually technology going
    Backwards compared to using your PC.
    RIM is now at the leading edge technology wise!
  16. Andrew4life's Avatar
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    #16  

    Default Re: RIM stock above $9

    Quote Originally Posted by BB9700CA View Post
    RIMM is not a growth stock and without a dividend there is little upside to buying any RIIM shares. Maybe after 2015 the price might reflect an upward trend, however, at the moment emotion and speculation will only leave you with a piece of paper worth less than most people's degrees during the last decade.
    After 2015? Really? RIM isn't an oil company, it's tech company. Anyone trying to predict the price of a technology stocks 4 years into the future likely has no idea what they are talking about. And their predictions are likely much worse than it would for any predictions of the near future.

    At this point, in general people see RIM having 3 scenarios.
    1) BB10 comes out, it's a hit, stock is way up next December.
    2) BB10 comes out, it's the same old same old. They are making money, but not that much. Stock will probably stay around the current price. Maybe lower.
    3) BB10 comes out, it's not impressive enough to get any market share and Win8, Android, and iPhone dominate. RIM loses money. Stock will probably trade lower and RIM is taken over by another company purely for their patents. Possibly by Windows or Google.

    No matter what, we will see the results by December 2013.
    Beyond 2015, they'll be at a whole new cycle of development.
  17. timmy t's Avatar
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    #17  

    Default Re: RIM stock above $9

    Quote Originally Posted by andrew4life View Post
    After 2015? Really? RIM isn't an oil company, it's tech company. Anyone trying to predict the price of a technology stocks 4 years into the future likely has no idea what they are talking about. And their predictions are likely much worse than it would for any predictions of the near future.

    At this point, in general people see RIM having 3 scenarios.
    1) BB10 comes out, it's a hit, stock is way up next December.
    2) BB10 comes out, it's the same old same old. They are making money, but not that much. Stock will probably stay around the current price. Maybe lower.
    3) BB10 comes out, it's not impressive enough to get any market share and Win8, Android, and iPhone dominate. RIM loses money. Stock will probably trade lower and RIM is taken over by another company purely for their patents. Possibly by Windows or Google.

    No matter what, we will see the results by December 2013.
    Beyond 2015, they'll be at a whole new cycle of development.
    I think you are forgetting their entering into the M2M environment and their signing with the Canadian carriers to supply security for their mobile wallets.
    This has the potential to keep them profitable in and of itself.
  18. Shlooky's Avatar
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    #18  

    Default Re: RIM stock above $9

    The stock is back to $8.32 and dropping
    "Let's sell this lean mean hunting machine!...in parts"
  19. the_kid_hartford's Avatar
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    #19  

    Default Re: RIM stock above $9

    This is good news.....especially for us unabashed RIM fans.....the comeback is methodical, on track, and REAL!!!!!!!
    "Every tradition constructed by human beings is subject to ossified arrogance, blinding pomposity and outright bigotry. That is true not just for Judaism, not just for Christianity, not just for Islam, it is true for secular traditions as well."

    Dr. Cornel West
  20. bungaboy's Avatar
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    #20  

    Default Re: RIM stock above $9

    The culprit? The overall bearish tone of the market today hasn’t helped. But the main blame is being tied to a report from Pacific Crest Securities that contended the BlackBerry 10 software may be “dead on arrival.”

    “We believe BB10 is likely to be DOA,” James Faucette, one of the more bearish analysts on the Street, said in a research note. “We expect the new operating system to be met with a lukewarm response at best and ultimately likely to fail due to the new and unfamiliar user interface, lack of complementary devices, relatively few applications and what we believe to be a general reticence by app developers to develop for the platform.”

    He also believes the company may have run out of time to raise capital through asset sales, and notes that inventories of older BlackBerry devices are beginning to disappear.

    “Our checks indicate inventories have begun to decline without any improvement in sell-through,” he said. “We believe U.S. sales were largely flat month-over-month (in October) amid sporadic discounting; we believe sales in Europe actually declined month-over-month despite aggressive discounting due in part to aggressive postpaid discounting of lower-end Android-based smartphones.”

    He reiterated an “underperform” rating.

    RIM shares had posted good gains over the last week after it said wireless carriers had begun testing of the new software, seen as critical for pulling RIM out of its slump. That news signalled that RIM was still a important player in the smartphone game and provided the market some assurance that the devices were on track for delivery early next year after numerous delays.
    More BS stock manipulation.
    "Proud member of the Peevishlicious Crew" (Tank Pilot)
  21. sosumi11's Avatar
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    #21  

    Default Re: RIM stock above $9

    Quote Originally Posted by bungaboy View Post
    More BS stock manipulation.
    There is no conspiracy.
    Unless, of course, you made a losing investment.
    Then, it's not your fault.
  22. Dapper37's Avatar
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    #22  

    Default Re: RIM stock above $9

    Quote Originally Posted by sosumi11 View Post
    There is no conspiracy.
    Unless, of course, you made a losing investment.
    Then, it's not your fault.
    Conspiracy is the wrong word, hidden agenda would work better. Then I believe you might be wrong.
    I would love to see this anaylist defend his position against someone that knows what there talking about. "Kevin" you hear me? He would look like a fool!

    EDIT; funny how after Kevin and Umi took Jaguar financial to task, they shut him down!! He was clearly a self promoter and got exposed as one.( he to was able to hurt RIM share price) The media will allow this type of BS until its clear that some other media is proving the BS nonfactual! Then they can no longer support the Bu!!Siter!!
    Last edited by Dapper37; 11-07-2012 at 07:25 PM.
    bungaboy likes this.
  23. bungaboy's Avatar
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    #23  

    Default Re: RIM stock above $9

    Quote Originally Posted by sosumi11 View Post
    There is no conspiracy.
    Unless, of course, you made a losing investment.
    Then, it's not your fault.
    I bought a wack at $7. I'm willing to wait for BB10.

    Don't try to tell me these guys aren't manipulating stock price with their BS "anaysis".
    "Proud member of the Peevishlicious Crew" (Tank Pilot)
  24. r0v3rT3N's Avatar
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    #24  

    Default Re: RIM stock above $9

    Stock has stopped dropping, it is now going up.
    Check out my app: CChecker
  25. Homo Erectus's Avatar
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    #25  

    Default Re: RIM stock above $9

    got rim stock at 6.75 (200 stock) I'm up 2.25
    Superfly_FR likes this.
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