12-05-13 08:17 PM
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  1. Vorkosigan's Avatar
    Guys who "need to find $1000" are not where I'm going for investment advice.
    That's okay. I wasn't giving any advice. I was taking it.
    mdarscott likes this.
    05-09-12 08:38 PM
  2. the_sleuth's Avatar
    Yes, it's a scary chart. What's even scarier is the selling pressure volume has not reached the level between Feb. 27 to Mar.12. The recent downturn is more like the drip of Chinese water torture; the pain is constant, numbing, and before you know it deadly to your savings.
    Last edited by the_sleuth; 05-09-12 at 09:02 PM.
    05-09-12 09:00 PM
  3. morlock_man's Avatar
    Man, that is one scarey chart. Thank god I don't own RIMM shares.
    I bought in at 13.35.

    Based on what I've seen with the PlayBook, and what I understand of the Transparent Distributed Processing that goes into the QNX network stack, I have no worries as to the eventual fate of the platform.

    It's a bit of a longview, but once you realize the platform is incredibly wellsuited for use outside of the simple 'smartphone & tablet' arena, the potential inherent in the system is amazing. And I'm not even talking about the porsche demo from the keynote.

    I'm not an investment broker, i'm an electronics technologist. I don't have any financial credentials, but i do have a comfortable understanding of technology. I grew up watching the pc industry grow up. I even got to see the inside of a RIM data center once while installing a new cordex DC power system for a new fibre installation. I have faith in this company. H3ll, they gave us the Perimeter Institute, Canada's top theoretical physics think tank. These people aren't fools, they know what they've got their hands on.
    Last edited by morlock_man; 05-09-12 at 09:10 PM.
    Vorkosigan likes this.
    05-09-12 09:07 PM
  4. the_sleuth's Avatar
    I wish all you longs, Good Luck. But enjoying the technology should not cloud one's judgement in which stock to invest.
    First rule of investing, is invest in oneself,
    Second rule, don't try to time the market, stay invested,
    Third rule, don't fool yourself into believing you know more than the market
    Fourth rule, the market is not racist or discretionary or biased, IT HUMBLES EVERYONE -- including Pros & Joes
    Fifth Rule, risk-aversion and capital preservation are paramount

    Best book I ever read on this subject, "Margin of Safety" by Seth Klarman.
    Shlooky and app_Developer like this.
    05-09-12 10:09 PM
  5. Superfly_FR's Avatar
    I wish all you longs, Good Luck. But enjoying the technology should not cloud one's judgement in which stock to invest.
    First rule of investing, is invest in oneself,
    Second rule, don't try to time the market, stay invested,
    Third rule, don't fool yourself into believing you know more than the market
    Fourth rule, the market is not racist or discretionary or biased, IT HUMBLES EVERYONE -- including Pros & Joes
    Fifth Rule, risk-aversion and capital preservation are paramount

    Best book I ever read on this subject, "Margin of Safety" by Seth Klarman.
    +1

    As a noob Joe I'll add :
    "If you're a noob and get into it, you probably don't invest but spend. You must be aware of that and don't pretend any cash return. So don't play more you'd be ready to lose in a poker game."
    And as an dead optimistic :
    "But sometimes guts feelings plus beginner's luck turns into miracle".
    05-10-12 05:44 AM
  6. leftypepper716's Avatar
    IMO the market isn't looking down the road 2-3yrs and the "hope" of what a QNX system can do, they are looking at now, and within the next few months, and possibly RIMM stock falling further. If? and when RIM gets the new OS10 devices to market, and the are very succesfull, then yes, the shares will increase, but at $12.07 @ share now, and let's say BlackBerry has a successful device(s) It will take years, not year for the shares to have any substanical increse. If? the new device's are met with lukewarm "eh" fanfare, RIMM stock could conceivbly reach an all time low (maybe $10.00 a share?) IMO, It's a shame RIM has taken there whole wonderful concept and meandered it away it such a short time, and now must "pull out all the stops" to even be relevent in North America. Tis a shame indeed.
    05-10-12 06:43 AM
  7. leftypepper716's Avatar
    Jerks, it dares all, this is how we even recognize them
    Proud supporter of RIM holding 50 RIM shares : I support RIM, I buy shares

    Hope you bought at all time low, only cost you a little over $600.00 Hopefully in the next three years your stock will be worth around $675.00-$700.00. I dunno, I'd have taken that and went to a casino and spend it all on slots lol...who knows? you may have came back with an extra $1000.00 in yer pocket. Just kidding. Keep the faith. If I were Canadian, I'd at least put $500.00 into the stock, Just for it being in Canada. I did that with Ford stock, my brother works at Ford, and to show support, I invested $500.00 in 2004 in FORD.
    05-10-12 06:50 AM
  8. Superfly_FR's Avatar
    Jerks, it dares all, this is how we even recognize them
    Proud supporter of RIM holding 50 RIM shares : I support RIM, I buy shares

    Hope you bought at all time low, only cost you a little over $600.00 Hopefully in the next three years your stock will be worth around $675.00-$700.00. I dunno, I'd have taken that and went to a casino and spend it all on slots lol...who knows? you may have came back with an extra $1000.00 in yer pocket. Just kidding. Keep the faith. If I were Canadian, I'd at least put $500.00 into the stock, Just for it being in Canada. I did that with Ford stock, my brother works at Ford, and to show support, I invested $500.00 in 2004 in FORD.
    The link you quoted gives the answer ... ;-). When I wrote the thread #1 post, it was around $18 but it took me a long time to setup my bank account for non EU/US market. So that I finally bought around $15. And for the faith : in RIM I trust !
    05-10-12 10:21 AM
  9. palomartian's Avatar
    You support RIM by giving away money to smarter investors? I can't get my head around that.
    05-10-12 11:26 AM
  10. Superfly_FR's Avatar
    You support RIM by giving away money to smarter investors? I can't get my head around that.
    Reading this may enlighten your head, hopefully
    05-10-12 11:32 AM
  11. addicted44's Avatar
    You support RIM by giving away money to smarter investors? I can't get my head around that.
    I can't see how anyone who already holds RIMM and sells it NOW could be a smarter investor. Considering RIMM is near all time lows, it is almost impossible that they made any money on the trade if they are selling now.
    05-11-12 01:13 AM
  12. morlock_man's Avatar
    I wonder how many times they'll end up splitting the stock when it starts to boom?

    We should start a betting pool.
    05-11-12 01:59 AM
  13. kemj's Avatar
    And keeps getting lower. :|

    11.55 ... -0.25 / -2.12%
    05-15-12 11:16 AM
  14. brucep1's Avatar
    I can't see how anyone who already holds RIMM and sells it NOW could be a smarter investor. Considering RIMM is near all time lows, it is almost impossible that they made any money on the trade if they are selling now.
    They would be a smarter investor if the stock drops to $6 or $7. There's no telling where it will go, and the phrase "it can't get any lower" has failed on here, ever since Blackjack started throwing it around when the stock was $30, then $25, then $20, etc.

    Losing money on a sale is a success if not making the sale meant losing even more.
    05-15-12 11:21 AM
  15. morlock_man's Avatar
    They've deviated from their roadmap too much and haven't even announced the 4G Playbook yet.

    I'm not really worried about the stock dropping lower. If it does, I'll probably buy more.
    05-15-12 12:25 PM
  16. cgk's Avatar
    And keeps getting lower. :|

    11.55 ... -0.25 / -2.12%
    11.41!

    I know that there are fears about Greece/eurozone that is hitting the markets but why is RIM getting hit so hard at this particularly moment? Something going around the market that we don't know about?

    11.37 - I feel like I'm missing something here. Nothing fundamental about their position has changed since last week.
    Last edited by cgk; 05-15-12 at 01:58 PM.
    05-15-12 01:51 PM
  17. trsbbs's Avatar
    11.41!

    I know that there are fears about Greece/eurozone that is hitting the markets but why is RIM getting hit so hard at this particularly moment? Something going around the market that we don't know about?

    11.37 - I feel like I'm missing something here. Nothing fundamental about their position has changed since last week.

    RIM is pretty big in the EU. If Greece horks up a hair ball the EU will be impacted.

    Also in the case of RIM no news is not good news. The clock is ticking.

    Tim


    Sent from my BlackBerry
    05-15-12 02:55 PM
  18. n8ter#AC's Avatar
    Yes, something fundamental has changed. The One X/S/V are releasing and Samsung had their Galaxy S3 event. That means RIM is even further behind in the smartphone market than they were.

    There are also rumors of a 7" iPad for a rather nice price point and the iPhone 5 is going to be coming out soon, perhaps even ahead of BB10.

    In addition to that, Windows 8/Windows RT (Tablets) and Windows Phone 8 are going to release later this year.

    The longer RIM waits to get out their BB10 devices and ecosystem, the harder it will be to compete and the speculators are simply stating awell-known fact -" Time is money."

    The fact that the stock price is low now doesn't mean the company will fail. It's only a valuation. There was a time when Apple was about to fail but now they're one of if not the most valued company/ies in the world.

    By the time BB10 launches Samsung/HTC will be getting ready to launch their next wave of super phones/variants and Apple/Microsoft will be getting ready to launch their next phones and OS versions (if not already launched).

    On top of that, RIM still hasn't really given anyone an idea of what their ecosystem will be like. They don't have the Cloud Storage/Music/Video/eBook/App Store model that Apple/MS/Google has right now and on top of that the DevCon had a very "we're targetting Enterprise users" stink to it that doesn't sit well with investors who know consumers are what are driving the smartphone/smart device market these days.

    Agility is required ot be competitive. That's something Apple and Google have, but MS and RIM lack (RIM to a larget extent than MS). That's why those two have pulled ahead so *easily.* The fact that they're winning isn't really what's bothersome, is how easily they got there that's bothersome. It's as if RIM and Microsoft didn't give a for years and finally woke up from a dream.
    Shlooky likes this.
    05-15-12 02:59 PM
  19. kemj's Avatar
    $11.12, -0.68, -5.74%

    LOL this is just ridiculous.
    05-15-12 03:20 PM
  20. blackhawksfan75's Avatar
    Dammit you beat me to it. Anyhow the entire stock market is taking a sh*t kicking with Greece. RIMM is looking more worse for wear.

    RIMM: $11.11 -5.78% Aapl: $554.91 -0.61% last I checked.
    05-15-12 03:25 PM
  21. Shlooky's Avatar
    I Agree with N8ter, BB10 needed dual core CPU's or better to run, there is a plethora of dual core CPU's with low power consumption including LTE, for them to deploy hardware next month. What about the developer phones? Anyone knows the specs?
    Last edited by Shlooky; 05-15-12 at 03:29 PM.
    05-15-12 03:26 PM
  22. drummer_god's Avatar
    Love it. The further it goes down, the better for me when I buy in!
    05-15-12 03:27 PM
  23. gbwalsh's Avatar
    Dont buy yet I bet it will be sub $10 by the end of the week, and sub $6 by 24 hours after the next earnings release.
    05-15-12 03:31 PM
  24. Majestic Lion's Avatar
    Somebody is angling to make disgusting amounts of money.
    05-15-12 03:39 PM
  25. Shlooky's Avatar
    $11.14 US
    $11.16 CDN

    05-15-12 03:43 PM
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