blackberry stock advice
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toshison
Well-known member
I dont know whats lol about it. This is par for the course. Do a google search on the writer Eric Savitz and RIM and you will see that the guy has pretty much always been negative on RIM.
Links like this are equally irrelevant to many of the pro-RIM links. They are all just analyst opinions/forecasts which are wrong as much as they are right. Suva throw out these targets but all he is really saying to me is "I am short RIM". Likewise, guys like Papageorgiou who targetted RIM at $23 is just saying "I am long RIM".. .. These guys are just self-serving salesmen. Nothing more. They are promoting their agenda.
I am sensing that you think RIM's stock movement is just a bunch of hoopla... My take is who really cares, its had a major impact on the share price and lots of people are making huge money (while others are losing huge money) Nonetheless, it does not change the fact that there is plenty of high risk money to be made on RIM, the risk is in which side you take: long or short. If you think its all BS, then by all means, go ahead and short the stock if you are that confident.
I just posted the link to show it's easy to find opinions either way. My sense of the matter comes from most recent big business events that I've followed which seems to have been major hype with very little substance and that it's the big boys making any cash here, the little fish get used to help that achievement (a la Facebook IPO). I never had that much faith in Blackberry when the first patent cases started appearing in the courts early on. I don't care if they paid their way out of those it showed a lack of research power which I've seen across the board in a lot of companies in this country and the response to a lack of real substance always seems to be an upsurge in spin and hype. Canada, sadly, seems to be a country where science and innovation come to die.
roadtoruin
Well-known member
Conflicting reports about whether apple will release an iPhone with a bigger screen.
if they don't, BIG (pun intended) mistake.
They really need to get rid of that Cook fella.
.
^^^^^ I'm not fully sure how you draw conclusions like these.
"Mike Lazaridis will admit that Waterloo, Ontario, is not often confused with Silicon Valley. It has no ocean beaches nearby. It has fewer Teslas and private jets. It gets substantial amounts of snow, and people there talk more about hockey than angel investors. Above all, Waterloo, located roughly 70 miles west of Toronto, is not a place that comes to mind when you mull the future of technology."
"is giving vast amounts of his personal wealth to transform this region into a global tech leader."
More here :
http://www.fastcompany.com/3004344/rims-mike-lazaridis-takes-quantum-leap-faith-waterloo
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^^^ The Perimeter Institute was set up to draw world leader in theoretical physics to Waterloo....it's not doing that well at attracting them really. Also theoretical physics doesn't really need a location to be honest...you just need a quiet room to think in ....and Waterloo isn't that attractive. We have a massive service industry in Canada, we're really good at digging stuff out the ground, we're not that good at inventing important new technology and the research institutes just play catch up with the rest of the world with less funds rather than lead and innovate.
It has a lot to do with where investment money is directed and it's not directed at innovation and retention of talent in the sciences.
It has a lot to do with where investment money is directed and it's not directed at innovation and retention of talent in the sciences.
+1
Without the natural resources Canada would be hurting.
Most of my Design/Engineering experience in Canada was for American companies.
awyala
Guest
http://metronews.ca/news/canada/520882/rim-opens-secure-enterprise-system-to-other-smartphones/
This is a concession due to weakness. Fixmo a TO based company a possible usurper? Either way this is NOT a move in a good direction for RIM, however it is the only move they can make at the moment to avoid being dropped like a stone with bitter gusto a couple years down the line. This just prolongs the decline.
RIM has nothing proprietary left, and no real reason to stick with them unless their product is SUPERIOR! And we know they are not, and we hope they can just about catch up. Everything about BB that was proprietary has been quashed:
1) Enterprise
2) BBM
3) Keyboard / better typing
4) Blinking LED light
5) Corporate cache
So what's left?
If you want to make a quick few bucks on RIM and you dumped in all your savings and second mortgage back at $7, well good on ya!!!! But if you're buying in now, thinking you'll double your money....hmmm, play with cash, not your second mortgage.
RIM won't recover as a company or stock to even back to the $70 plateau a year ago, let alone the $150ish high. A scuccessful RIM (now) is a RIM that can buy another year and 1 more chance to impress, to hover around $25 to $30 (at best). A year from now they get one more chance to innovate and either go up or down. My guess is that RIM will buy themselves no more than 6 months of time based on nostalgia and pity and they will not be able to follow up with any innovation or progress to keep any upward trend or plateau steady.
Buy now to gain 50% on your investment (play with cash only), and short the hell out of this in 4 months. That's my guess.
Or toss some money at Fixmo. The NSA connection alone is worth some gains.
This is a concession due to weakness. Fixmo a TO based company a possible usurper? Either way this is NOT a move in a good direction for RIM, however it is the only move they can make at the moment to avoid being dropped like a stone with bitter gusto a couple years down the line. This just prolongs the decline.
RIM has nothing proprietary left, and no real reason to stick with them unless their product is SUPERIOR! And we know they are not, and we hope they can just about catch up. Everything about BB that was proprietary has been quashed:
1) Enterprise
2) BBM
3) Keyboard / better typing
4) Blinking LED light
5) Corporate cache
So what's left?
If you want to make a quick few bucks on RIM and you dumped in all your savings and second mortgage back at $7, well good on ya!!!! But if you're buying in now, thinking you'll double your money....hmmm, play with cash, not your second mortgage.
RIM won't recover as a company or stock to even back to the $70 plateau a year ago, let alone the $150ish high. A scuccessful RIM (now) is a RIM that can buy another year and 1 more chance to impress, to hover around $25 to $30 (at best). A year from now they get one more chance to innovate and either go up or down. My guess is that RIM will buy themselves no more than 6 months of time based on nostalgia and pity and they will not be able to follow up with any innovation or progress to keep any upward trend or plateau steady.
Buy now to gain 50% on your investment (play with cash only), and short the hell out of this in 4 months. That's my guess.
Or toss some money at Fixmo. The NSA connection alone is worth some gains.
News that Lenovo were considering buying out RIM came out today. However I wouldn't get excited as Microsoft and Nokia both had a look previously and rejected the idea due to low sales.
Smartphone saturation problems with more attractive items already in production with a wider customer base = problems for RIM.
Smartphone saturation problems with more attractive items already in production with a wider customer base = problems for RIM.
toshison
Well-known member
ahem,
aapl taking a beating in after hours
I am amazed that the clobbering managed to stick all day without really any rebound. Stock closed down $64 bucks, -12%.
As much as I am not a fan of Apple, that is quite a knee jerk reaction and a bit much for a company so profitable, so loaded with cash and with so much brand power. Its still a great company but its not looking like so good of an investment these days with their impossible to sustain rate of growth.
The market is can be so ruthless!
RIM had a pretty good day though. with a $2 swing from $16.37 to $18.37. I had a limit order which got triggered at $18.10 so I did alright today. I am a little bit hesitant whether I will re-enter the stock though as the volatility is incredibly wild and things might sour a bit if the volume starts to drop.
toshison
Well-known member
The idea that Microsoft/Nokia would pass on a buyout because of low sales is nonsense. Low sales have nothing to do with it. The Microsoft takeover rumour has been floating around for a couple years now and when they were originally published RIM still had its co-ceo's and its asking price would of been WAAY higher that what it might of been say middle of 2012. My understanding based on following this sector for a while now is that the asking price was too high and the board wanted a lot. Microsoft then ramped up the Windows Phone direction and once that started it made a RIM acquisition look very unlikely. The rumours persisted until late last year but they are just rumours.
You talk of smartphone saturation but do you realize how fast the smartphone market is growing? It's why RIM has managed to get by okay even though their marketshare has evaporated. Lots of money to be made in the sector.
Nonetheless, I highly doubt Lenovo could buy out RIM but I could see them form an alliance by either licensing BB10 or perhaps taking over the hardware side of the business with RIM keeping the software/service side of things.
Lenovo s/p was up over 5% today, on rumour, and volume was up more than 5X.
Big players will watch how far & fast BB10 sales go (or don't go).
They are not quick to forget how the 'Curve' and RIM's tablet were flops.
I suppose "2 outta 3 ain't bad", so if BB10 is acutally something the masses throw $600/unit at, they may be worth a partnership / takeover / buyout.
Until then, stay tuned, because there's that wonderful agency called the Cdn Govt, that doesn't like to see companies sold to foreigners - except Stelco and Dofasco - go figure.
p.s. Do RIM fanatics line up overnight to buy **** the same was Apple fans do?
I was waiting for these "new" predictions.
Its been quite comical to watch since 2008 how people/analysts predicted RIM had no time left or was going bankrupt year after year.
Then they predicted RIM wouldn't have any money left to launch BB10.
NOW, RIM has only 6 months of life with BB10.
:laughing3:
Love it, just love it.
ItIsWhatItIs
Banned
Worse.
They get BB10 tattoo's...... :lmao:
http://crackberry.com/blackberry-fan-gets-blackberry-10-tattoo
[video=youtube;mXQTIYBY7MI]http://www.youtube.com/watch?v=mXQTIYBY7MI&feature=player_embedded[/video]
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And they eat the hottest hamburger on earth known as "the Four Horsemen"
[video=youtube;AwLrytQhwbg]http://www.youtube.com/watch?feature=player_embedded&v=AwLrytQhwbg[/video]
Here's a guy who made a bundle on RIM stock. He bought 51,854,700 shares at $6.
"classic Warren Buffett quote, 'Be fearful when others are greedy and greedy when others are fearful.' "
http://www.cantechletter.com/2013/0...m-watsa-has-already-made-a-bundle-on-rim0124/
"classic Warren Buffett quote, 'Be fearful when others are greedy and greedy when others are fearful.' "
http://www.cantechletter.com/2013/0...m-watsa-has-already-made-a-bundle-on-rim0124/
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