What's happening with RIM?
Just heard on the news that RIM has posted a loss of 125 mil in the last quarter. Doesn't look good for them.
Writing on the wall..like what happened in Nortel? Another bad quarterly report and their stock could become
Anyone consider shorting?
would be too risky to short now.
Originally Posted by slacker
until yesterday, RIM was still in fighting mode and obviously was using all its resources trying to fight a losing battle. so shorting it was fine.
starting today, RIM has opened up its eyes. instead of trying to swim against the currents, it is now open to streamlining itself and allowing the currents to guide it. in other words, figure out what best value it can get from its assets, what value additions it can do and how to maximise the value of its assets. so there might be some upside. and i say "might" cos their assets could be totally outdated.
one example is RIMs spectacular and patented data compression algorithm. nowadays with unlimited data plans at LTE speeds, who cares about the extra 10% compression value?
another example is RIMs security. apple, google and msft have already made inroads on this.
coming to patents, god knows how to evaluate them. patents can only be evaluated between the buyer and seller. the value of a patent is not a generic value equal to everyone like gold/silver or any equity that is traded. the same patent for one buyer could be worth a million and a billion to another. totally depends on what technology the buyer has and what he is planning to do with the patent.
RIM was a dying stock from the day Apple released the iPhone, but it just started to realize it. I think Google is also in trouble, but earlier in the process, check out http://www.easysafemoney.com/dont-bet-on-dying-stocks/