1. docgasberry's Avatar
    Will very much be a brutal call, BUT everyone knows that if you're a RIM investor you already know it will be brutal so a lot of that is built into today's price,
    I expect to see the stock slide with the initial impact of just how bad it is, but it wont be nearly as much of a slide as we've seen in previous quarters.


    I care more about their operating expenses, and cash position in this call over their device sales. They need to have money, and agility when they launch BB10. how is their plan for that working.
    I don't think sales will count for much here - more of operating expenses and how they contain costs. Everyone knows that there'll not be much hardware sales. If anything they may even surprise on more than anticipated PlayBook sales. Phones ...nah....no surprises there.

    Bottom-line will be "Loss - how much".
    09-12-12 09:49 PM
  2. docgasberry's Avatar
    I guess I don't understand stocks very well. How can one be "making" on a stock that is in constant decline? If I buy something for $10 today and sell it for $9 tomorrow, I didn't make anything at all. In fact, I lost.

    Obviously the stock market is more complicated and you have to deal with fees and such, but I just don't understand how anyone could gain on a stock that's constantly losing.
    Nothing goes down in a line line. Nor goes up in a straight line
    09-12-12 09:51 PM
  3. docgasberry's Avatar
    People keep making this comparison, however, there is 1 massive difference between the 2 situations. RIM is in a market which is overloaded with heavyweight competitors. Apple was in a market where there was only 1 massive competitor, which was facing anti-trust issues, and in fact needed Apple to survive so they werent the only player in the field.
    RIMM is in an even better position.

    1. They are NOT in debt.
    2. They have a subscriber base of over 80 million worldwide. Which telco can boast of this?
    3. They supply enterprise solutions.
    09-12-12 09:55 PM
  4. docgasberry's Avatar
    If you have been "keeping in mind" that it's going to $5 and $6 before the launch of BB10, why would you make a forum post talking about investing 100k at $12?

    You expect us to believe that you have perfectly timed every spike and are somehow making money while the overall stock value has gone down by 45%?

    I was thinking the only possible way is shorting it, but this doesn't sound like a shorting comment...
    I don't short

    Lets just say that I am invested in more than 100K at a discount. For the money, on and off they give me back some
    09-12-12 09:58 PM
  5. docgasberry's Avatar
    Did you think that the op would come back and admit to losing a ton of money?

    It's like people who come back from Vegas. Most of them say that they broke even or won a little, when it is clear that the Mega casinos are keeping much more that they are giving back.

    No one likes to admit defeat.
    Life

    Money is for ......living. And investing is part of living and learning
    09-12-12 10:01 PM
  6. docgasberry's Avatar
    Did you think that the op would come back and admit to losing a ton of money?

    It's like people who come back from Vegas. Most of them say that they broke even or won a little, when it is clear that the Mega casinos are keeping much more that they are giving back.

    No one likes to admit defeat.
    Incredible. RIMM is up 4.34% today!!! Has any stock ever moved that much in a single day before!?!? Lone gunman? I think we're through the looking glass here, people. Follow the money.
    I sense sarcasm........seriously though - it's 12% over that last two trading sessions. That's a good move percentage wise speaking.

    1000 shares = ~ $ 800 in two days. Not bad. It's a start anyway.
    Imagine how many millionaires were made today.
    See? Sell ......and then buy back again coz I think it'll drop again ...... Jan 2013 still some time away ......and markets do have short term memory
    09-12-12 10:05 PM
  7. CrackedBarry's Avatar

    I don't even own a BB yet but I am willing to invest 100K in RIMM. Yes, the potential to depreciate is there but this is actually a solid brick and mortar company with a stable stream of revenue! I can name worse deals now

    At $12 .....what is there not to like of RIMM
    Soooo... Did you ever make that 110k investment?
    09-12-12 11:32 PM
  8. docgasberry's Avatar
    Soooo... Did you ever make that 110k investment?
    Yes .....only it costs me less than 100K now ....

    and wondering whether I should increase the stakes now that the iPhone 5 is out ....

    "The biggest thing to happen to iPhone since the iPhone"

    Lame!!! Now am wondering how lame the sales will be ..... if response is not as good as expected, the reversal of RIMM might just start earlier .....and may means change of strategy ...... hmmmmm..... wondering how RIMM will do tonight (I live on the other side of the globe) ....
    09-12-12 11:42 PM
  9. MartyMcfly's Avatar
    Yes .....only it costs me less than 100K

    No need to lie buddy. Any smart investor would have invested that much cash into a market leader like ummm APPLE....
    09-13-12 10:01 PM
  10. docgasberry's Avatar
    No need to lie buddy. Any smart investor would have invested that much cash into a market leader like ummm APPLE....
    I don't lie.
    I may not be a smart investor.
    I did invest in Apple. And I did use an iPhone.

    Do you lie?
    09-15-12 12:09 AM
  11. docgasberry's Avatar
    It was at 7.80 last week and now back to 7.20+ ..... still trading down
    09-18-12 02:33 AM
  12. grunt0300's Avatar
    I sold RIMM short @ $15.00, and bought back @ $8.00. Round lots only. How much i made, is my business, but it involved four figures. Anyone who buys RIMM, should see a Doctor, first.
    09-18-12 08:52 AM
  13. docgasberry's Avatar
    Low of 6.22 this week and now at 8.50 after hours. Not too sure we have seen the lowest yet so I guess this looks like another trading opportunity ..... But am trading now with expectations that RIMM will be heading upwards soon ....
    09-27-12 04:51 PM
  14. docgasberry's Avatar
    Have been a very productive week ...... anyone here keeping track?

    Anyway, my take on the recent price swings ...... RIMM will still head down until Q3. And so I say - sell in anticipation of buying back.
    10-02-12 03:29 PM
139 ... 456
LINK TO POST COPIED TO CLIPBOARD