- 12-11-12, 02:47 PM #27
- 12-11-12, 03:03 PM #30
I've noticed that a lot of press coverage and reviews have gone from negative to positive, and I'm glad, I hope RIM pulls through. The stock today went from about 11.46 up to 12.44, that's a huge gain, and finally safely above 12$. It's interesting to see this gain after the Gold thing got announced today, and when ever there are negative stories then the stock lowers.
- 12-11-12, 03:33 PM #32
- 12-11-12, 04:08 PM #35
Who did RIM **** off?
Yea SDK was top post, then there were a few articles about the lawsuit ( ridiculous in my opinion) , watch apple sue for bb10 having a square design, now phones can't be square , that would give me a good laugh.
- 12-11-12, 05:54 PM #36
That said, I think, most people on CrackBerry actually like BlackBerry(s) and hence are generally positive. But in general (all of the market, as a whole) the number of nay-sayers must be greatly outnumbering yay-sayers or the stock would be going up.
- CrackBerry User
- 80 Posts
I can agree that this seems logical...also notable is that anytime there is STRONG positive press, there is an equally deprecating bit released to the media. I'm assuming we've all read the crockery about the exploding battery and the affected family requesting that all BB models like theirs be recalled? I believe that was reported immediately after their stock was "upgraded" by some guy somewhere who's opinion seems to matter (I'm not much into finance/markets, etc.).
- 12-11-12, 06:27 PM #38
- CrackBerry Addict
12-11-12, 07:45 PM #40
- 859 Posts
It's not that simple. A lot of RIM investors are swing traders, myself included, even though I'm bullish on RIM. When the stock goes up 6% in one day, you can bet I'll be watching for the peak to sell my position so that when it drops back down I can purchase more shares than I started with since it'll include the sell profit. Enough people do this and it affects the price greatly as those people essentially become Bears. RIM stock has been an absolute riot to trade ($$$$) for the last few months. The charts are nearly textbook so it's easy to see when to get in or out.
In the long run RIM stock will go up, but you can't expect a rally to last long as a lot of people want to secure their profit by selling which in turn reverses the trend.
- 12-11-12, 08:03 PM #41
At this stage I agree 100%, few months back not so much. Now with BB10 just around the corner you can feel the anticipation , even from circles that a few months ago would not give the time of day but rather a sneer , those sneers are turning to smiles and raised eyebrows of curiosity. People deep down luv come back stories, as such even past RIM haters will respect what RIM has done with BB10 and perhaps even make a purchase after looking deeper, outside the realm of media. RIM will be the media darling soon enough with Thor & Team leading the way.
- 12-11-12, 08:11 PM #42
The stock is consolidating on the way up(float is churning over), that's BULLISH, the short interest is down 25%, that's BULLISH, bollinger bands look sweet, that's BULLISH. RIM is under a microscope so no crazy PE ratio's overnight to make it pop to $150 but I don't think $80 in 24 mths or less is out of the question. JMHO
- 12-11-12, 08:12 PM #43
Re: Who did RIM **** off?
The tide is turning. Just today @uncleRush tweeted how he just finished a meeting with BlackBerry execs and was wowed stating "BlackBerry is back in a big way"!
You know how influentual Uncle Rush is? You may lol but in all seriousness its people like him who have the power to get people to notice that BlackBerry10 is for real.
- CrackBerry Newbie
12-12-12, 04:20 PM #49
- 8 Posts
As a student who is going to school for journalism, my bb is essential. I have the bold 9900 and i can send and receive emails on the go as i'm commuting to and from school on trains and buses.....i don't see how an iPhone could ever replace that. sure there are plenty of apps to use, and games to play, but nothing compares to the BB email and messaging system.
idk how journalists or even most business professionals only use iphones as both their personal and business devices. if anything I would have a BB as my business phone...it's a powerhouse in certain respects....
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