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What's going on with RIM's stock?
- I believe after that investor call the stock is dropping to its death...
And this week's blackberry world is doing nothing.. man - hope RIM survives few more months till they their new phone line up.
Posted from my CrackBerry at wapforums.crackberry.com05-07-11 12:37 PMLike 0 - Hmmm I'm glad we you made this topic so we can discuss this for the first time ever in life. They will survive a TON longer than a few more months so no need to worry, but no that doesn't mean they are doing as well as they should be. That pretty much sums up the discussion.
Good day!05-07-11 01:08 PMLike 0 - I'm waiting for the Stock to hit $42 then I am buying back in, I expect RIM to see $60 by year end, but I am sure there will be some more negative press and stupid assumptions of buy outs to continue to keep the US analysts rating RIM so lowly.
RIM has enough money on hand and continuous cash flow that even if the stock fell to $5 they could remain open as long as it is just falling do to analyst opinions and not due to actual company valuation, as RIM at $60 is still very low in terms of Stock price to value.05-07-11 01:22 PMLike 0 - DenverRalphyRetired Network ModIt's easier to recognize when the stock is low and good to buy. The tricky part is to know when to sell it, and convince yourself to do so.
Last edited by rmjones101; 05-07-11 at 02:03 PM.
05-07-11 02:01 PMLike 0 - I'm waiting for the Stock to hit $42 then I am buying back in, I expect RIM to see $60 by year end, but I am sure there will be some more negative press and stupid assumptions of buy outs to continue to keep the US analysts rating RIM so lowly.
RIM has enough money on hand and continuous cash flow that even if the stock fell to $5 they could remain open as long as it is just falling do to analyst opinions and not due to actual company valuation, as RIM at $60 is still very low in terms of Stock price to value.
Once it drops below $40, it will never sniff $40 again. The company is one of the worse companies running, with no direction and no desire to improve.05-07-11 02:04 PMLike 0 -
This does no describe RIM.Last edited by Qbnkelt; 05-07-11 at 02:43 PM.
05-07-11 02:39 PMLike 0 - No chance - it will be taken out if it goes and stays below $40. They have over $3 billion in cash and a $40 price puts the valuation at $20 billion. Put the numbers together and someone will be interested given the amount of value the company has in terms of sales, corporate relationship, and property.
Last edited by MarketRide; 05-07-11 at 04:16 PM.
05-07-11 03:21 PMLike 0 -
Posted from my CrackBerry at wapforums.crackberry.com05-07-11 03:34 PMLike 0 - Someone once told me it was best if you did not have an emotional interest in a stock that you wanted to invest in... it made it hard for you to recognize when it was time to get out.
Not saying that this is the time to do it with RIM, just that you don't necessarily want to let your heart make your decisions.05-07-11 06:45 PMLike 0 - Well idk. From what I've seen from previous companies that generally have no desire to innovate is that once they begin to decline in stock is like almost impossible to come back. Correct if I'm wrong but wouldn't it take some thing completely amazing to increase the stock value say like a product or something??
Posted from my CrackBerry at wapforums.crackberry.com05-07-11 06:49 PMLike 0 - Well idk. From what I've seen from previous companies that generally have no desire to innovate is that once they begin to decline in stock is like almost impossible to come back. Correct if I'm wrong but wouldn't it take some thing completely amazing to increase the stock value say like a product or something??
One thing to note is that they haven't really released a really significant smartphone since the Torch in August of last year. In that time, how would they expect to compete with their competitors?
Hopefully Playbook sales and future BB7 smartphone sales can put them back on the map. Regardless of what analysts might say, there seems to be a lot of interest. RIM just needs something refreshing in the smartphone segment. While BB7 might not look like a significant improvement at first glance, it seems to be improving where it has been lacking in the last year or so. I hope reviews are great and people see why buying a BlackBerry might not be such a bad idea.05-07-11 07:06 PMLike 0 - RIM is working hard (with all three telcos) to go "big" in China, a market with over 800 million mobile users and counting. If they are able to manage well their entry and "convince" communities - including business, government agencies and "regular" users - they are better, or at least same level choice as iPhone and the wave of Android devices I won't worry much about company's financial results.05-07-11 07:31 PMLike 0
- Someone once told me it was best if you did not have an emotional interest in a stock that you wanted to invest in... it made it hard for you to recognize when it was time to get out.
Not saying that this is the time to do it with RIM, just that you don't necessarily want to let your heart make your decisions.
Another thing which always irritates me... The stock doesn't have a predetermined figure that it's worth, despite what analysts say. There can and is often a disconnect between the company's performance and the stock's performance. The difference is in expectations and how the company does compared to expectations. Stocks often get overbought and oversold due to speculation and market forces in general. Also, many totally unrelated events effect the market and sectors of the market, so you can't look at an individual stock in isolation of what's going on around it.
Lastly, please don't educate yourselves about investing principals here. There are a ton of great resources, but bulletin boards aren't one of them. Check out AAII (the American Association of Individual Investing) if you're interested in an unbiased conservative education about investing. I'm not associated with them but I'm a life member. The main site is at AAII: The American Association of Individual Investors. In verifying the site URL, I noticed a timely article on the home page, Steps to Take When Your Stock's Price Falls | AAII: The American Association of Individual InvestorsLast edited by sheldonbk; 05-07-11 at 08:23 PM. Reason: Got tired of typing a long message on my blackberry.. LOL
05-07-11 08:04 PMLike 0 - Someone once told me it was best if you did not have an emotional interest in a stock that you wanted to invest in... it made it hard for you to recognize when it was time to get out.
Not saying that this is the time to do it with RIM, just that you don't necessarily want to let your heart make your decisions.
Posted from my CrackBerry at wapforums.crackberry.com05-07-11 08:51 PMLike 0 - Well playbook is getting got bad reviews. The OS update that should not be a full 1.0 update is being released. Its not hard for consumers to see how pathetic that is. And just another kick in the pants, the flagship device from november won't be upgraded to last OS version. People are loosing faith in the company.
On top of that the moves that CEO is making is making stock holders very uneasy, if the conditions don't improve, I think he will be voted off by the end of this year.
Posted from my CrackBerry at wapforums.crackberry.com05-07-11 11:02 PMLike 0 - Buying QNX, TAT and others and coming out with the Playbook, and promising QNX phones == 'no desire to innovate' ???
Well idk. From what I've seen from previous companies that generally have no desire to innovate is that once they begin to decline in stock is like almost impossible to come back. Correct if I'm wrong but wouldn't it take some thing completely amazing to increase the stock value say like a product or something??
Posted from my CrackBerry at wapforums.crackberry.comsleepngbear likes this.05-08-11 01:19 AMLike 1 - Short that trash. You see it down in a big up day for the market. Funny how the ceo was talking about something big on monday and the market just shrugged off the bold touch news.
Any rimm longs, sell covered calls to preserve capital.
Posted from my CrackBerry at wapforums.crackberry.com05-08-11 03:23 AMLike 0 - sleepngbear likes this.05-08-11 05:35 AMLike 1
- sleepngbearRetired Moderator
Of course I don't like seeing RIM's stock taking a beating such as it is, but I'm nonetheless remaining optimistic for the long term, largely because of the potential these recent acquisitions have to solidifying RIM's position for future growth.05-08-11 09:41 AMLike 0
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What's going on with RIM's stock?
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