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RIM expected to Launch BB10 in January...after everyone has no money left. Original Board of Directors re-elected. Sell! Sell! Sell!

RIM's AGM was this morning.
Mgmt walked out on investors during 'queston period'. (that's highly unusual)
BB10 release (anytime at all) could be a myth. (IMO)
Mgmt probably already has a buyer lined up for the co. but aren't 'singing' (IMO).

Disclaimer: I don't care one way or the other.
 
I still find it hard to believe that they will "go out of business", not with 78 million subscribers and growing in various markets outside of North America.

But I do see them simply being a niche player in the market. BB10 will be good, but nothing special.

Just another competent OS in the tech universe.

Having said that, I find it extremely difficult to give up my BB. :D
 
RIM hit with $147.2 million dollar patent infringment judgement. Looks like they won't have any cash by the time BB10 is released earliest March of next year

http://ca.finance.yahoo.com/news/rim-hit-147-2-million-173553201.html

Oil above $92. I can feel war is imminent. So much tension. Looks like U.S will be dragged into a war because Israel will definitely retaliate for the bus bombing and I can see them try to launch a missile attack at one of the nuke buildings.

Time to load up on bunch of oil companies.
 
oil plummeted but China just bought out Nexen for $15 billion. Wow can't believe Mr. Harper would allow a foreign country to take over a Canadian Oil company. He blocked the Potash acquisition some years ago. Rumor has it Canada Natural Resources (CNQ) will be next on China's list. Just slowly watching CNQ's stock going up.

Look's like most energy stock should be going up because it's open takeover season on Canada's oil companies now.
 
oil plummeted but China just bought out Nexen for $15 billion. Wow can't believe Mr. Harper would allow a foreign country to take over a Canadian Oil company. He blocked the Potash acquisition some years ago. Rumor has it Canada Natural Resources (CNQ) will be next on China's list. Just slowly watching CNQ's stock going up.

Look's like most energy stock should be going up because it's open takeover season on Canada's oil companies now.

... the Deal hasn't been through the regulators yet... Mr. Harper doesn't have anything to do with it. Its just an announced deal.
 
ah thanks for clarifying it. I put a sell limit this morning on CNQ before the market opened because I have an offer on a house in Calgary. Now I'm re-thinking if I should hold onto my CNQ stock but oil is falling and Spain looks like they'll need a bailout. hmm decision decision lol.
 
RIM hit with $147.2 million dollar patent infringment judgement. Looks like they won't have any cash by the time BB10 is released earliest March of next year

:laughing3:

http://www.theglobeandmail.com/globe-investor/rim-investors-bet-on-bb10-bounce/article5578590/

"RIM shares jumped more than 17 per cent to $12.03 on Thursday. That was the biggest one-day increase since RIM began a two-month tear in late September; the company’s shares have nearly doubled in that time, adding $3-billion in market value."

Anybody still taking a chance on RIM stock?

Optimism is growing, their stock is rising, carriers like what they see, some analysts have changed their tune to a more positive note, the user base is still expanding by the millions, their cash pile is growing and around $2.3 billion, the new RIM management is floating this ship quite decently despite what they've inherited.

I have to admire RIMs tenacious hanging-in-there power. They've been declared "dead" since 2008. These guys really have 9 lives.
 
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ah thanks for clarifying it. I put a sell limit this morning on CNQ before the market opened because I have an offer on a house in Calgary. Now I'm re-thinking if I should hold onto my CNQ stock but oil is falling and Spain looks like they'll need a bailout. hmm decision decision lol.

Maybe you should ask this guy for advice:
Time to load up on bunch of oil companies.

Three days later:
oil plummeted...
 
:laughing3:

http://www.theglobeandmail.com/globe-investor/rim-investors-bet-on-bb10-bounce/article5578590/

"RIM shares jumped more than 17 per cent to $12.03 on Thursday. That was the biggest one-day increase since RIM began a two-month tear in late September; the company’s shares have nearly doubled in that time, adding $3-billion in market value."

Anybody still taking a chance on RIM stock?

Optimism is growing, their stock is rising, carriers like what they see, some analysts have changed their tune to a more positive note, the user base is still expanding by the millions, their cash pile is growing and around $2.3 billion, the new RIM management is floating this ship quite decently despite what they've inherited.

I have to admire RIMs tenacious hanging-in-there power. They've been declared "dead" since 2008. These guys really have 9 lives.

IMO they are doomed. Apple is a diversified company, itunes and their macbooks is their bread and butter, ipads, iphones, etc is gravy. RIM?? Doh a smartphone and a Tablet. Watch the hype and sell to take advantage of the hype. Like the titanic, RIM is a lost cause.
 
:laughing3:

http://www.theglobeandmail.com/globe-investor/rim-investors-bet-on-bb10-bounce/article5578590/

"RIM shares jumped more than 17 per cent to $12.03 on Thursday. That was the biggest one-day increase since RIM began a two-month tear in late September; the company’s shares have nearly doubled in that time, adding $3-billion in market value."

Anybody still taking a chance on RIM stock?

Optimism is growing, their stock is rising, carriers like what they see, some analysts have changed their tune to a more positive note, the user base is still expanding by the millions, their cash pile is growing and around $2.3 billion, the new RIM management is floating this ship quite decently despite what they've inherited.

I have to admire RIMs tenacious hanging-in-there power. They've been declared "dead" since 2008. These guys really have 9 lives.

The slightest bit of 'positive' news sends shorts running for the exits.
In R.I.M.'s case, 37% of outstanding shares were short at the end of last week. Is it any wonder they are covering?
A major firm (I forget who) put a price target of $15.00 on them - most shorts will cover, sending the stock price up.
 
I bought a crap load of RIM stock at $8.75 now its boardering at $12. :D
 
I bought a crap load of RIM stock at $8.75 now its boardering at $12. :D

Nicely done. If it were me, I'd be putting a stop loss on 75% of the 'crap load' at $11.50. Ride out the free shares, and buy more when it drops under $9.00 again. More news will trickle in after the holidays = stock price rises again. There will be more profit taking, and tax write off selling coming between now and the end of yr, resulting in a good buying op.
 
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Make no mistake, Google is going to run away with the crown in the smartphone wars,

but with glowing early reviews like this one trickling out from the early reviewers, RIM stock is surely to rise as there is certainly room in the marketplace....



"Once you've got used to it, and that the Hub is the home screen, BB10 is by some distance the most brutally efficient multitouch interface I have used so far. It makes the others look like hard work.
Yes, the odds are stacked against RIM - and when it comes to the as-yet unseen hardware, it needs to pull some crackers out of the barrel. But phones sell on the user interface, and this is very good indeed."

BlackBerry 10: AWESOME. If the hardware matches it, RIM jobs are safe

http://www.theregister.co.uk/2012/11/23/bb10_latest_ui/
 
delete me
 
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Not sure what "people using iproducts to do their Black Friday shopping" has any bearing in a discussion involving investing?

None whatsoever, meant to post in the iphone/android thread but wasn't paying enough attention
 
More analysts are changing their tune.....

[FONT=pt_serif-regular]Todd Coupland of CIBC World Markets on Monday increased his rating on the company’s stock to “Sector Outperformer” from “Sector Underperformer,” and upped his price target from $8 to $17. The analyst cited strong early reviews of the [/FONT]BlackBerry 10[FONT=pt_serif-regular] operating system, along with a number of features that he expects to “re-ignite Blackberry fan support.”[/FONT]

[FONT=pt_serif-regular]“With a January 30 BB10 launch date locked in, along with carrier and developer feedback now more clear, an upgrade of the existing subscriber base will be the most likely outcome,” Coupland wrote in a research note obtained by [/FONT]Forbes[FONT=pt_serif-regular]. “Even in the face of lower services ARPU, RIM looks materially undervalued.”

[/FONT]
[FONT=pt_serif-regular]The analyst’s optimistic views are shared by Peter Misek of Jefferies & Co, who said last week that RIM’s stock could potentially [/FONT]be worth as much as $43 per share within the next 12 months[FONT=pt_serif-regular].[/FONT]
 
I was actively trading RIM last December and tax loss selling was very much brutal but I don't think its going to be the same this year. I think most will hold, outstanding shorts will probably steadily decrease and the stock should probably continue to rise up to the launch. Most of the funds that were holding and do not believe in BB10 exited long ago.

Peter Misek is one of RIM's biggest critics and even he has changed his tune.. Of course, analysts are generally self-serving and completely full of it but through the year, everytime that guy had something negative to say, the stock would get smashed... He's been wrong as much as he's been right but generally there is growing positivity on RIM and as a Canadian I do hope it continues to build and that RIM pulls it off.
 
Hey guys,

Hypothetically speaking, how much would one need to invest in order to make $5000 a month off its dividends/ROIs/etc? This would be with the assumption that you don't have to manage everything yourself and be checking your stocks 15 times a day. How about $10k? Basically, you front the money, someone else does all the managing, and you just get 5-10k in the bank every month.
 

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