killerkeith
Well-known member
That's only at the national level. Mom & Pop still have to use the local media.
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Investing
- Thread starter boooya
- Start date
That's only at the national level. Mom & Pop still have to use the local media.
OpenGambit
Banned
This didn't sound like information available to the general public.
toshison
Well-known member
Nice gain. I chronically sell too early and if I bought in at $12 when you did, I would of probably sold when it was in the $20's!! Im terrible like that, a win is a win but you clearly have a longer time horizon and more patience than I do. Good job.
I read a lot of business news websites, and I recall that the speculators are saying the IBM and Microsoft are the stocks to watch and invest in.
As for RIM. Tricky call. I believe you can make money with this stock. They definitely won't be going bankrupt anytime soon. They are hiring new talent again, they are still acquiring companies to their portfolio, having just spent another $50million for a company named Paratek (which specializes in antennaes technology for mobile devices). They own all kinds of patents that other makers would love to get their hands on. They have the new BB10 phone/OS which will only bring them up to speed with Apple/Google, but I don't see it doing anything better.
All this can only add up to an increase in stock price, but no where near the other guys.
As for RIM. Tricky call. I believe you can make money with this stock. They definitely won't be going bankrupt anytime soon. They are hiring new talent again, they are still acquiring companies to their portfolio, having just spent another $50million for a company named Paratek (which specializes in antennaes technology for mobile devices). They own all kinds of patents that other makers would love to get their hands on. They have the new BB10 phone/OS which will only bring them up to speed with Apple/Google, but I don't see it doing anything better.
All this can only add up to an increase in stock price, but no where near the other guys.
It's already at $13.54 was $12.84 2 days ago and it's slowly starting to creep up.
The anticipation of the blackberry 10 is bringing the stock up, I believe it already hit is all time low and will only go up from here.
Once the new phone/software is released in November that will decide the future of this stock.
But I guarantee I will be at a high when it's released. The outcome of the 10 will then decide the stocks fate, and will have to be watched closely.
yes but the BB10 will probably be released in Novemberish for Christmas seasons. Their quarterly reports will continue to show declines as they haven't anything new to show for the previous quarters. I'm just waiting for this quarter to come out and hit it at $12.50 hopefully.
I like RIM's potential though. New CEO, heard they bought some microwave technology company. While I was at UofWaterloo my friend did his PhD thesis on microwave technology way back in the late 90's. Don't know much about it but if you can warm up your food while receiving signals might be something interesting lol. And yeah I agree with you once they release the BB10 and hopefully the floodgate will open with other exciting stuff from RIM's. Now RIM's is just dormant probably re-strategizing itself for the long term. RIM's won't go bankrupt they're not losing money just declining in profit margin.
I like RIM's potential though. New CEO, heard they bought some microwave technology company. While I was at UofWaterloo my friend did his PhD thesis on microwave technology way back in the late 90's. Don't know much about it but if you can warm up your food while receiving signals might be something interesting lol. And yeah I agree with you once they release the BB10 and hopefully the floodgate will open with other exciting stuff from RIM's. Now RIM's is just dormant probably re-strategizing itself for the long term. RIM's won't go bankrupt they're not losing money just declining in profit margin.
Just try to remember not to get emotionally involved. Virtually every canadian wants to see RIM take it to the big guys again.
Every step they've taken recently appears to be very positive and in the right direction. Having said that, they still have a long and uphill battle.
2012 and the release of BB10 will definitely be make or break.
Rule with your head, not your heart.
Every step they've taken recently appears to be very positive and in the right direction. Having said that, they still have a long and uphill battle.
2012 and the release of BB10 will definitely be make or break.
Rule with your head, not your heart.
Motorcycle Mike
Well-known member
My strategy with stocks is to buy only stocks that have decent dividends and diversify. That way, even if they go down you still earn something as long as you hold them.
My best performer has been cse.to which I bought at about $3.50 or so.... it went up 4.5% last Friday and gets a pretty decent dividend.
My best performer has been cse.to which I bought at about $3.50 or so.... it went up 4.5% last Friday and gets a pretty decent dividend.
If you like 14% -15% divis, here's a nice pair on the NYSE (as long as interest rates stay low).
(tickers) 'CIM' 'NLY'.
Enjoy.
BB10 will definitely be make or break. Problem is it's a long way away and all of the the competition will likely release major updates to their OS's in the mean time. Even if it's a solid release, I wonder how many customers they will have bled until then.
toshison
Well-known member
Right now buying RIM stock is all about sentiment. It's incredibly negative now but if a few good things happen for RIM, that could turn around really fast and you could see the stock double in value relatively fast. The problem is, you need at least one major positive catalyst to turn this frown upside down. For most, that catalyst is the release of a new phone with BB10 and even then the phone is going to have to be quite magical to create enough buzz.
The stock as of today is not tracking higher because of anticipation of BB10. Its going to take a while before BB10 becomes the factor for price movement with RIM. From what I can tell, the movement on Friday was a result of the Paratek purchase... Probably some new buyers but I think the movement up was more from shorts covering as they might of been worried that the Paratek purchase was a positive thing.. Aside from that RIM has been relatively flat (for RIM anyway) as it retested its bottom last week. I would not be concerned about "missing the boat" with this stock as like I said earlier, if earnings are bad, the media/analyst community will be sure to let everybody know, increase negative sentiment leading to more short positions and this stock will drop below $12.
The stock as of today is not tracking higher because of anticipation of BB10. Its going to take a while before BB10 becomes the factor for price movement with RIM. From what I can tell, the movement on Friday was a result of the Paratek purchase... Probably some new buyers but I think the movement up was more from shorts covering as they might of been worried that the Paratek purchase was a positive thing.. Aside from that RIM has been relatively flat (for RIM anyway) as it retested its bottom last week. I would not be concerned about "missing the boat" with this stock as like I said earlier, if earnings are bad, the media/analyst community will be sure to let everybody know, increase negative sentiment leading to more short positions and this stock will drop below $12.
I've been watching RIM like a hawk for a few weeks now.
toshison
Well-known member
The takeover talk/rumours are all exhausted and Thorsten Heins pretty much said that they don't want to sell.. I very much doubt seeing any new rumours on takeovers that the street and stock will react to.
However, if RIM beats the low-end projections for the quarter and their forward guidance is postive, the stock could move quite a bit. Sentiment might start shifting too since there are more positive write-ups on RIM than there were a few months ago.
http://www.berryreview.com/2012/03/...-large-increase-in-blackberry-playbook-users/
http://crackberry.com/rim%E2%80%99s-losing-streak-over-us-market
Latest quarterly report...... RIM lost even more money and market share.
Jim Balsillie bails on RIM......he's outta there. They lost at least one other key executive as well.
They say they are going to focus on enterprise rather than consumers, "can't be all things to everyone".
new CEO warns that the next few quarters won't be anything special either.
I don't think I'd be investing in RIM stock right now. This isn't looking good.
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Jim Balsillie bails on RIM......he's outta there. They lost at least one other key executive as well.
They say they are going to focus on enterprise rather than consumers, "can't be all things to everyone".
new CEO warns that the next few quarters won't be anything special either.
I don't think I'd be investing in RIM stock right now. This isn't looking good.
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A buddy of mine has quite a bit of money tied into Tessla stocks. He usually knows what he's doing when it comes to stuff like this. What do you guys think?
They partnered up with google last week so they're definitely making the right decisions like he said they would.
They partnered up with google last week so they're definitely making the right decisions like he said they would.
RIMM was down and went past the 52 week low after hours, back up slightly since then. Probably should have got some puts but with my luck it will go up the next day lol.
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