View Poll Results: Did you buy shares ?

Voters
1110. You may not vote on this poll
  • Yes, I'm acting now !

    694 62.52%
  • No

    416 37.48%
  1. bigbadben10's Avatar
    Hey Morgan, told you it would crack $15
    01-14-13 08:50 AM
  2. morlock_man's Avatar
    It did, for all of 5 seconds so far. Still a lot of downward pressure.

    Dropped, stopped for a breather at 14.50. Over 40,000,000 shares traded in the first hour of trading.
    Last edited by morlock_man; 01-14-13 at 09:22 AM.
    01-14-13 08:55 AM
  3. Superfly_FR's Avatar
    $15 : Broken.
    Attached Thumbnails The BBRY Café.  [Formerly: I support BBRY and I buy shares]-capture.jpg  
    01-14-13 09:37 AM
  4. Nindia's Avatar
    It's running up again somewhat...

    14.89 +1.33 (9.80%)
    01-14-13 09:39 AM
  5. damthrill's Avatar
    i wonder how the shorts are doing today?
    01-14-13 09:40 AM
  6. drummer_god's Avatar
    it went from $11.50 to $14.80 since friday ( on TSX )
    could it keep jumping more than $1 every day until bb10 launch?
    01-14-13 09:40 AM
  7. mrfreetruth's Avatar
    it went from $11.50 to $14.80 since friday ( on TSX )
    could it keep jumping more than $1 every day until bb10 launch?
    LOL...i doubt that. What I do know is RIMM is grossly undervalued today and should be trading $20+ by launch. IMO
    morganplus8, Nindia, zyben and 1 others like this.
    01-14-13 09:43 AM
  8. Nindia's Avatar
    14.98 +1.42 (10.47%)

    Push!!! Push!!!
    01-14-13 09:47 AM
  9. morlock_man's Avatar
    Coming up on $15 again.

    I wonder at what point the majority of the shorts will begin to cover their positions.

    Edit: Hit a new high of 15.08 before dropping back down again.
    morganplus8 likes this.
    01-14-13 09:48 AM
  10. _dimi_'s Avatar
    Today's action has created a gap at the +-13.56 level. It wouldn't surprise me if price would continue to climb until the RSI sets a higher high.. (16 as suggested by Morgan?) then possibly retest friday's levels as indicators are in overbought territory.. just my thought :-)
    01-14-13 10:06 AM
  11. BThunderW's Avatar
    It's having difficulty staying above $15 and bleeding a lot of volume fighting it, could see a reversal if it runs out of steam.
    01-14-13 10:17 AM
  12. plasmid_boy's Avatar
    It's having difficulty staying above $15 and bleeding a lot of volume fighting it, could see a reversal if it runs out of steam.
    Sounds like Greek to me. Can you explain?
    01-14-13 10:25 AM
  13. anon(757282)'s Avatar
    Over 81 million shares traded so far, in less than 4 hours. Any bets on the total volume for the day?
    01-14-13 10:31 AM
  14. morlock_man's Avatar
    It's only been 2 hours since the market opened. I'd say the final volume should be north of 150 million again.
    01-14-13 10:33 AM
  15. BThunderW's Avatar
    There's a limited amount of people buying the stock, the amount of shares that will be purchased today is semi-fixed. As the shares get purchased, the price goes up, the amount of shares to be purchased goes down as it gets depleted. On the other hand, there's a lot of people that are selling at $15 resistance (either taking profits or shorting). If the purchasing volume gets used up, growth will stop and shorts will keep selling causing the price to start going down, this may spur people who were long to start taking profit early which will further drive the price down.

    Sounds like Greek to me. Can you explain?
    fedakd, Superfly_FR and s0be like this.
    01-14-13 10:33 AM
  16. plasmid_boy's Avatar
    There's a limited amount of people buying the stock, the amount of shares that will be purchased today is semi-fixed. As the shares get purchased, the price goes up, the amount of shares to be purchased goes down as it gets depleted. On the other hand, there's a lot of people that are selling at $15 resistance (either taking profits or shorting). If the purchasing volume gets used up, growth will stop and shorts will keep selling causing the price to start going down, this may spur people who were long to start taking profit early which will further drive the price down.
    Thanks. That helps.
    So, the buying number is fixed, but the sell/short is not?
    01-14-13 10:36 AM
  17. BThunderW's Avatar
    In most cases Sellers sell on margin, money they don't have. Longs buy with cash.

    Should also add, that with today's crazy volumes, no one knows what's gonna happen.

    Thanks. That helps.
    So, the buying number is fixed, but the sell/short is not?
    01-14-13 10:46 AM
  18. Nindia's Avatar
    It's back above 15 again. It wants to go higher it seems...shorts are trying to hold it down probably.
    01-14-13 10:55 AM
  19. TomJasper's Avatar
    In most cases Sellers sell on margin, money they don't have. Longs buy with cash.

    Should also add, that with today's crazy volumes, no one knows what's gonna happen.
    As long as more shares churn at this price I'm smiling.

    I think Forbes helped bring new investors to RIM today also via their article. I like new investors, they don't get so jumpy.
    01-14-13 10:58 AM
  20. TomJasper's Avatar

    I wonder at what point the majority of the shorts will begin to cover their positions.

    .
    $16/$17 ????


    BThunderW? Morgan?
    01-14-13 11:04 AM
  21. mrfreetruth's Avatar
    Tomorrow on BNN at 8:45 AM we will see Don Yacktman of Yacktman asset management talking about "why I keep buying RIM"
    01-14-13 11:15 AM
  22. morlock_man's Avatar
    Today's move looks a bit like the path of a dropped ball if $15 was towards the ground. Just bounces a few times and then settles out just above (below) ground level of $15.

    It should break through $15 soon. The upwards pressure looks to be much higher than the resistance.

    (RIM Rally Repels Resistance Raiders)
    01-14-13 11:22 AM
  23. TomJasper's Avatar
    Tomorrow on BNN at 8:45 AM we will see Don Yacktman of Yacktman asset management talking about "why I keep buying RIM"
    Aircel/Vodafone Group/ Blackberry10/ India
    BBNation likes this.
    01-14-13 11:31 AM
  24. BBNation's Avatar
    With this, I can see over 100 carriers by launch time. bigger launch than anything else out there..
    01-14-13 11:38 AM
  25. TomJasper's Avatar
    Tomorrow on BNN at 8:45 AM we will see Don Yacktman of Yacktman asset management talking about "why I keep buying RIM"
    Rubus Labs in Kochi,India (Innovation Village) ,seems to me could be start of Silicon Valley in India.

    First adopters >> Blackberry,Oracle,IBM , all in the same building (diff Labs). Something interesting to keep an eye on.

    Silly me didn't know Rubus means Blackberry until yesterday, I must get out more,lol.
    BBNation likes this.
    01-14-13 11:38 AM
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