RIMM Stock.....do you think its gotten the abuse it deserves?
- The initial decline in share value was a result of poor smartphone sales from RIM. I think we're going to see a steady incline in response to more of a focus on their smartphones. It really depends on how well they are perceived. I'm glad RIM held out a little longer to polish these new handsets so they can get better recognition. They look amazing. I hope the general public sees that and we see record sales. That will really get RIM back on track and lead in to their QNX era nicely.01itr likes this.08-03-11 02:03 PMLike 1
- The initial decline in share value was a result of poor smartphone sales from RIM. I think we're going to see a steady incline in response to more of a focus on their smartphones. It really depends on how well they are perceived. I'm glad RIM held out a little longer to polish these new handsets so they can get better recognition. They look amazing. I hope the general public sees that and we see record sales. That will really get RIM back on track and lead in to their QNX era nicely.08-03-11 03:29 PMLike 0
- Very true, I posted this on another thread that's been locked:
Originally Posted by FurballzOriginally Posted by FurballzOriginally Posted by euro2lowBought 150 shares @ 34.89 today. Feeling good
Wonder if he's still feeling good?
And for those people saying "Well it's gonna go to $85 some day he just has to hold," I say the following:
If it gets to $85, euro2low will gross $12,750 on his 150 shares. If he'd waited a mere 6 weeks, he could have bought 216 shares for his same initial outlay. If RIMM gets to $85 those 216 shares will be worth $18,360, meaning that he would have grossed an additional ~$5500 by simply waiting less than two months.08-03-11 05:46 PMLike 0 - @Furballz
Everybody that has bought and sold stock says the same 3 things...
Would of
Could of
Should of!
Hind sight is 20/20
Some people believe in averaging down too. Not my money tho08-03-11 06:40 PMLike 0 - Maybe you should call up and advise Donald Yacktman, mutual-fund manager of the Number 1 US Mutual Fund, who just purchased 1.5 million shares. Who are you again?08-04-11 07:52 AMLike 0
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2) You toss around phrases like the bolded, for which you have no idea if it is true and/or what it actually means, when there is a perceived positive for RIM, yet to discredit any such phrases when they are not in favor of RIM.
If you don't agree, you can always give counter-arguments, instead of fallacious rebuttals. Fallacy: Ad Hominem08-04-11 09:05 AMLike 0 -
up 5% yesterday, down almost 5% today. It's like riding a rollercoaster after having a bottle of jack for breakfast08-04-11 10:26 AMLike 0 -
Research In Motion Limited (USA): NASDAQ:RIMM quotes & news - Google Finance08-04-11 10:33 AMLike 0 - Ugh yeah it does look pretty bad, but then I looked at the Related Companies on Google Finance. Looks like everyone is down today. GOOG and APPL are both down >2% as of right now.
Research In Motion Limited (USA): NASDAQ:RIMM quotes & news - Google FinanceLast edited by TheMimic; 08-04-11 at 11:01 AM.
08-04-11 10:42 AMLike 0 - I don't think he gets to the position he is in now by throwing money at stocks, even small amounts.
Just what I got from this Top-rated U.S. mutual fund snaps up RIM shares
If you don't agree, you can always give counter-arguments, instead of fallacious rebuttals. Fallacy: Ad Hominem
The Yachtman fund or however it's spelled has one, and only one, strategy: many diverse high-risk investments (even its bond holdings are somewhat risky.) This can work, and has for this fund, because if you hold enough high-risk stuff then the 9 that fail when you bought them low will be offset by the 1 that shoots up (or back up) through the roof.
However, if the fund gets unlucky and chooses a bunch of stocks that die, it will lose a huge amount of money very, very quickly.
I'm not saying that the strategy doesn't work, but I'm saying it's somewhat risky AND that they have a rather diverse portfolio. Shmucks here aren't going to be investing in 50 different risky stocks, they might be investing in a couple. If so, RIMM shouldn't be one of them.Last edited by Furballz; 08-04-11 at 05:48 PM.
08-04-11 05:45 PMLike 2
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RIMM Stock.....do you think its gotten the abuse it deserves?
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