Bought RIM today for the third time since the big drop in June. First bought at 7-something and sold at 8-something, then bought at 7.40 and sold at 8.25 if I recall correctly, and today bought at 7.25. What a rush! Woooooo!
Bought RIM today for the third time since the big drop in June. First bought at 7-something and sold at 8-something, then bought at 7.40 and sold at 8.25 if I recall correctly, and today bought at 7.25. What a rush! Woooooo!
You may not be so lucky this time, I see it hitting another 52 week low very easily before buying in for another swing.Originally Posted by Sherlock
Anyone thinks that RIMM can be a nice ''bet'' let's say dumping $500-$1000 in and betting on the new phone will deliver!? I mean it's high risk but if the new phone is good return will be good too!
Don't waste your time (and money).
The new phone is a myth - I doubt it even exists.
At best, it will be a mega disappointment.
If you wanna play RIM stock, surely there are better ways to play/trade it than to go blindly long.
You would be setting yourself up for huge risk that way.
And I was right... hit a new 52 week low today. Quote was from a month ago.
This is easily going to keep dropping ahead of their earnings announcement this week.
I'll look at it again when the market cap goes below $3B.
They have prototypes out to developers.
That said, I would stay away from RIM.
Their new phone is at best a catch up "me too"! Just another OS to compete with Android. Unless they can turn their ecosystem into something that the telcos prefer to sell (less bandwidth, oh boy) watch for a long slow recovery until a takeover.
First look at BB10 http://www.theverge.com/2012/9/25/33...n-photos-video
For those interested, a discussion - Beyond RIM: Innovating in K-W
http://ww3.tvo.org/video/182453/beyo...innovating-k-w
“Simplicity is the ultimate sophistication.”
wow what an ugly phone and OS looks terrible, it's the nail in their coffin for sure
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