blackberry stock advice

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toshison said:
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.
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If you listen closely..... you will hear the sounds of Apple investors weeping openly in the streets.

:laughing3:
 
errr this isn't the knee jerk reaction - the run-up was the knee jerk reaction.
 
SunnY S said:
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/
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how do I invest in this guy's financial company? 17.9% annual return! That RIM stock if he sold now would net him more than half a billion dollars.

"Watsa’s Fairfax Financial, an insurance company with direct investments in other insurance companies and a portfolio of bonds and common stocks, has an average annual return of 17.9% over the past decade. By comparison, the S&P 500 has returned 1.4% per year over the same period. Fairfax was Canada’s most profitable corporation in 2008, and through moves that sometimes puzzled the general public, Watsa kept making money through the worst recession in a generation. Before the market collapse of 2008, Watsa used credit default swaps to bet against the US credit market. His $341 million bet returned more than $2 billion. Underscoring the Buffett comparison, Watsa even sits on the advisory board of the Ben Graham Centre for Value Investing at Western’s Ivey School of Business."
 
For anyone doing day trades RIM has been a pretty run in the last little bit. I wouldn't bet on holding anything past the launch date though. I made a nice little fortune day trading this week. It's quite volatile but catch it at a good spot and trade it for a few hundred bucks a day
 
FFH.TO. Down 14% last 12 months. Good luck.

psycho44 said:
how do I invest in this guy's financial company? 17.9% annual return! That RIM stock if he sold now would net him more than half a billion dollars.

"Watsa’s Fairfax Financial, an insurance company with direct investments in other insurance companies and a portfolio of bonds and common stocks, has an average annual return of 17.9% over the past decade. By comparison, the S&P 500 has returned 1.4% per year over the same period. Fairfax was Canada’s most profitable corporation in 2008, and through moves that sometimes puzzled the general public, Watsa kept making money through the worst recession in a generation. Before the market collapse of 2008, Watsa used credit default swaps to bet against the US credit market. His $341 million bet returned more than $2 billion. Underscoring the Buffett comparison, Watsa even sits on the advisory board of the Ben Graham Centre for Value Investing at Western’s Ivey School of Business."
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Did anyone see / hear CNBC from noon - 1pm today? PRICELESS. (re: Herbalife)
Carl Icahn & Bill Ackman going head to head over the phone - being compared to the Frazier / Ali fight.
Too bad they weren't in the same room.

http://www.cnbc.com/id/100408608
 
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