[1magine]

RIM: Buy It, Says Avian, Target $45 - Tech Trader Daily - Barrons.com

He says sentiment is overdone on the negative side. Raises his outlook to positive from Neutral. RIMM is at just about $35 right now.

[greggebhardt]

Today I bought 1500 shares of RIMM at $35.6697.

[howarmat]

Today I bought 1500 shares of RIMM at $35.6697.

you didnt wait until tomorrow?

[bighap]

Today I bought 1500 shares of RIMM at $35.6697.

I am sorry.

[yzf.shaun]

Today I bought 1500 shares of RIMM at $35.6697.

I am watching very closely but just too much negative sentiment with RIM and the global markets in general at the minute. The shortvsellers are having a feeding frenzy at the minute.

I wonder if Jobs has a short position on RIM stock

Just dropped 14% afterhours.

[pseudo7]

Today I bought 1500 shares of RIMM at $35.6697.

My condolences on your immediate ~$7500 loss.

[somebaldguy]

Today I bought 1500 shares of RIMM at $35.6697.

If I was going to buy RIM stock, I would have waited til tomorrow.

[yzf.shaun]

If I was going to buy RIM stock, I would have waited til tomorrow.

Too right.

I was looking at buying at around $46 boy am I glad I held off from that.

[qbnkelt]

Dangnabit, I bought too soon....

[1magine]

That's ok, that analyst mentioned above got a pink slip this morning.

[greggebhardt]

you didnt wait until tomorrow?

No, most of the drop in RIMM stock is already adjusted into it price. Sure it can and will go lower but not that much lower. I actually made money on it yesterday but suspect it will lose today. I sold my last RIM stock when it was $140+ per share which is never going to happen again.

[Thumbtyper]

Rim is in a death spiral to $15. I would sell immediately into any type of rally. Good read on seeking alpha explaining why you need to ignore P/E and past fundamentals on RIM

Sorry for your losses.

[qbnkelt]

The market is not for the faint hearted. Stock investing in tech requires discipline and b@lls of steel.
You put in enough expendable cash to ride out the drama. This is drama.

Ever been to a horse race?

You don't tie up your "working capital" or your savings in the market, particularly not in tech. You buy bargains, you use cash you're willing to lose, and you ride it out.

NOT advising anyone, just pointing out why your condolences are exceedingly premature.

[brucep1]

No, most of the drop in RIMM stock is already adjusted into it price. Sure it can and will go lower but not that much lower. I actually made money on it yesterday but suspect it will lose today. I sold my last RIM stock when it was $140+ per share which is never going to happen again.

How did you make money on it yesterday? It looks like you took a $7500 loss in one day..

Wait, now you sold ur last share for $140?

I am so confused.

[howarmat]

it dipped down yesterday and then back up before close. So technically he could have make a couple bucks yesterday.

the stock sold for 142ish in 2008 so he own and sold back then.

Today he will take a bath but beyond that we dont know

[Invader3K]

Put in a bid this morning. I'm looking at the long term.

[brucep1]

Put in a bid this morning. I'm looking at the long term.

hmm I would wait a couple of months...without releasing any new devices till september, I don't see any reason for any positive shift until then.

[howarmat]

once it hits sub $20 im putting my life savings in

[brucep1]

once it hits sub $20 im putting my life savings in

I would love to, but there is just so mismanagement at the top of RIM. They have good products and very loyal users, but its a tough company to trust.

When I think about investing, I would like a company thats spiraling downward to show some positive signs. The fact that every new product, whether it be the 3 4g PlayBooks, 3 new phones, have all been pushed back to end of summer, fall releases, isn't a good sign.

Anyway, @howarmat, are you going to be using ScottTrade, E Trade, or some local guy to buy shares of RIM? I am strongly considering once it goes below $20.

[howarmat]

I would love to, but there is just so mismanagement at the top of RIM. They have good products and very loyal users, but its a tough company to trust.

When I think about investing, I would like a company thats spiraling downward to show some positive signs. The fact that every new product, whether it be the 3 4g PlayBooks, 3 new phones, have all been pushed back to end of summer, fall releases, isn't a good sign.

Anyway, @howarmat, are you going to be using ScottTrade, E Trade, or some local guy to buy shares of RIM? I am strongly considering once it goes below $20.

haha, i am not really doing it. I honestly dont play in the market like that. If i was ever to do such a thing i would talk to a real money manager to make sure its done right and a good decision. It is hard to resist though if it goes to under $20

[1magine]

I do like E trade when I have to go off grid. I had a buy at 25 which I lifted. I'm considering whether things are at ATI pre comeback level or Palm death spiral. If we don't hear allor of new rumors of companies fleeing BES, they could come all the way back next year. But of keep your ears peeled for news of fortune 500s switching to straight exchange.

Posted from my CrackBerry at wapforums.crackberry.com

[PlugGuy]

When there is a management shakeup, and product announcements, this should bounce again. What a pathetic group of non leaders running RIMM today.

[pkcable]

RIMM is a GREAT buy right now in my opinion. The price is low and probably will NOT go much lower AND the new phone will be our fairly soon. As long as you are willing to wait, it's likely the stock will get a NICE boost from the new phones. (UNLESS they flop of course, which is always possible)

[johnenglish]

Yeah, I think the majority of the damage has been done. There's probably going to be another 2 - 3 quarters of slowed growth but by late 2012 - early 2013 they should be back in the saddle again.

[lnichols]

Wait for the day after selloff to be done. After that, they have good revenue and cash on hand, and the new phones, full featured Playbook and possibly a 10" Playbook before the Holidays should make 2nd half of their 2012, real second half of 2011 much stronger than last two quarters, assuming they can meet demand.