Just dropped 25k in RIMM stock

[gerardfraser]

Anyone else drop some cash in Research In Motion stock and what you thinking the price will be when BB10 comes out and in march when they release earnings.

Bought at $14.90 now at to 15.88.

I think it will hit at $23 when BB10 released and maybe as high as $40+ when earnings released.

May also be dreaming,but might drop another 25k for the hell of it,see how it goes.

[Brasky]

i think RIM is on it's way out, but we'll see. I am hoping boeing hit's under 70 soon.

[Jw_Leonhart]

RIMM? Dead. Google... Wait until it hits it's lowpoint and buy buy buy. Predicitions are google will show another 5 billion dollar increase in gross profits before the end of this year, and adding another 1 billion into research.

Google now owns and operates and is rolling out the largest most high speed internet anywhere in the world called Google Fibre at 1gbps, TV, free DVR and tablets included... in less than 6 months they are throughout the state of Kansas and Time Warner is crying in their pants..

Google has android, they have their search engine, their GPS system, street view, Google Earth, and it goes on to no extent. They own youtube, etc.

Everything google has done they do correctly, very seldom do you see them taking a move without thinking of the customers. Most companies are not customer oriented, Google had a competition to see who wanted their internet most! I mean come on here... Verizon would never.. Google goes where people request, and where it is profitable. They don't let their stockholders down, and their profits keep going up. Been this way since they started, and I don't see a downturn.

Their stock has blasted through the roof, and now that Apple is on its way to death it looks like, Google will gobble up most of their crap.

I blame apple for suing samsung, the world laughs at them for that one.

[machete]

25k on stock! god i wish i can throw cash like that around. I would time travel to put 25k on potatoes

[scheherazade]

I read some info on their upcoming phone.
It's a good phone, but nothing that stands out.
I suppose it could slow or stop their losses, but I don't see them making gains based on their upcoming model in and of itself.

-scheherazade

[gerardfraser]

Thanks for the tips guys.
I know the web says RIMM is dead,but I am tossing another 25k in ,just because I can and its a no brainer for me.
They will hit low 20 buck mark for sure.

By the way there new OS none can match,not that it matters.

I will report back on earnings in a few days.Hope I do not lose my 50k.If I do going to do some hot chick to get over it,and that will only cost 500 LOL

[dr.noob]

Originally Posted by gerardfraser

Hope I do not lose my 50k.If I do going to do some hot chick to get over it,and that will only cost 500 LOL

lol

[Chillin]

Good investment, BB10 looks like it will be able to hold unto RIM's userbase quite well.

[Brasky]

Originally Posted by gerardfraser

Thanks for the tips guys.
I know the web says RIMM is dead,but I am tossing another 25k in ,just because I can and its a no brainer for me.
They will hit low 20 buck mark for sure.

By the way there new OS none can match,not that it matters.

I will report back on earnings in a few days.Hope I do not lose my 50k.If I do going to do some hot chick to get over it,and that will only cost 500 LOL

That's already a better investment.

[lmimmfn]

i would say its a bad investment if long term. RIM have lost so much market share over the past few years they have little to no chance of making it back, new phone releases etc. will hype the market temporarily, But hope it works out well for you.

I reckon Sony are a good choice for a quick buck buying now and selling when the PS4 is released( their shares are hammered at the moment ).

[Chillin]

Originally Posted by lmimmfn

i would say its a bad investment if long term. RIM have lost so much market share over the past few years they have little to no chance of making it back, new phone releases etc. will hype the market temporarily, But hope it works out well for you.

I reckon Sony are a good choice for a quick buck buying now and selling when the PS4 is released( their shares are hammered at the moment ).

And all these iPhone and Android phones do little to impress the RIM userbase, you know, the people that actually need their phone for work.

I know a lot of guys that walk around with iPhones and Android phones on them, but they also keep a Blackberry on them as well.

[eclap]

Originally Posted by Chillin

And all these iPhone and Android phones do little to impress the RIM userbase, you know, the people that actually need their phone for work.

I know a lot of guys that walk around with iPhones and Android phones on them, but they also keep a Blackberry on them as well.

On the other hand I know a lot of business people who switched away from blackberry.

[airbud7]

Originally Posted by gerardfraser

Hope I do not lose my 50k.

Me Too.....That's 100 GTX 680's..........

[nm+]

Originally Posted by Chillin

And all these iPhone and Android phones do little to impress the RIM userbase, you know, the people that actually need their phone for work.

I know a lot of guys that walk around with iPhones and Android phones on them, but they also keep a Blackberry on them as well.

This is seriously changing. Aftermarket stuff is rapidly making other phones as secure as BB. Not quite there yet, but the end is near.

[JohnMaclane]

I wouldn't buy BB stock either, I don't think they will last too long.

Sony on the other hand makes for an interesting investment, they have been suffering due to currency strength and have been making massive cuts. The future positives involve the new government which is forcing the central bank to inflate the currency, is going to inject a boatload of money into the economy (probably some aid will end up at sony) and if worst comes to worst the new government would have no issue intervening directly to save sony (bunch of nationalists).

[Anarion]

Imo get the profits out soonish because the stock is likely to go down. I don't think they have any future in Europe or Asia.

[Brasky]

they have a future, but it's very focused on the business people. plus that 2-3 day outage is still haunting them. i'm not a stock guru. don't sue me.

[Jw_Leonhart]

Originally Posted by gerardfraser

Thanks for the tips guys.
I know the web says RIMM is dead,but I am tossing another 25k in ,just because I can and its a no brainer for me.
They will hit low 20 buck mark for sure.

By the way there new OS none can match,not that it matters.

I will report back on earnings in a few days.Hope I do not lose my 50k.If I do going to do some hot chick to get over it,and that will only cost 500 LOL

Either you have some weird passion for a dead company like RIMM, or you are just going to enjoy seeing your 50k slowly go down..

Be smart, either start doing currency trading if you have that kind of money to throw around that you idiotically do not care about, or put it into something secure like GOOGLE.

Apple also still has a "chance" at being a secure company, but with the unfortunate death of Steve Jobs the tides may be turning on Apple again.

If you are looking for some short term investment that may bring you money, RIMM may be your answer. It was up 93 cents at close on friday. Also, hype and speculation have alot to do with the market.

It all depends, long term or short term. Quick buck or big bucks?

Thats why I play craps... and wait.. and wait... then call for a 7... Last time I went I walked in with $1000, walked out with $6300. Not bad for a night. RIMM style.

[gerardfraser]

Well say what you will.
If I sell now up 10k in 4 days I must be stoopid.

[Anarion]

Originally Posted by Jw_Leonhart

Either you have some weird passion for a dead company like RIMM, or you are just going to enjoy seeing your 50k slowly go down..

Be smart, either start doing currency trading if you have that kind of money to throw around that you idiotically do not care about, or put it into something secure like GOOGLE.

Apple also still has a "chance" at being a secure company, but with the unfortunate death of Steve Jobs the tides may be turning on Apple again.

If you are looking for some short term investment that may bring you money, RIMM may be your answer. It was up 93 cents at close on friday. Also, hype and speculation have alot to do with the market.

It all depends, long term or short term. Quick buck or big bucks?

Thats why I play craps... and wait.. and wait... then call for a 7... Last time I went I walked in with $1000, walked out with $6300. Not bad for a night. RIMM style.

Putting money now in Apple is stupid IMO. Their stock is probably >10x overvalued. Those who put money in it last September are probably crying now.

[Jw_Leonhart]

Originally Posted by gerardfraser

Well say what you will.
If I sell now up 10k in 4 days I must be stoopid.

lol I didn't say you were stupid. On the contrary I said its possible RIMM will have some short term earnings and an increase from speculation, but for long term. Negative.

[Jw_Leonhart]

Originally Posted by Anarion

Putting money now in Apple is stupid IMO. Their stock is probably >10x overvalued. Those who put money in it last September are probably crying now.

Well just like google its on a bit of a decline atm, google will rebound that is for sure.. apple, well that remains to be seen how well they do without Steve Jobs around. They should bring in Wozniak!

[The Chubu]

I dropped 25 cents. It hurt.

[sykozis]

I hope RIM can pull it together with BB10...unfortunately, I doubt BB10 will be enough to save them at this point. They need to bring a very solid phone to market with a feature set that can rival Android and iOS. They also need to step up their product support and actually fix issues that customers report. Even a single misstep at this point could be detrimental to the RIM.

[nhlkoho]

You're crazy. Even the government is dropping blackberrys for iPhones. The place i work is probably the furthest behind in tech in all the government and we dropped them a year ago.