I need to quit saying that Rimtards never learn. I think many have learned and have moved on. There is only one Canadian Rimtard left that believes and predicted $13 after earnings.
actually there are a slew of marginally profitable public companies, b/e cash flow which are priced at "less than 1X sales"...................... They are obvious TAKE PRIVATE or ACQUISITION targets. Many would become immediately profitable if bought by a foreign company wanting to expand it's product portfolio or geographic expansion...........
Half of my holdings have been bought in past 12 months, which fit this profile. The transaction can be completed by the strength of the Balance Sheet + a short secured term note...........
Patiently awaiting 2016 gains........
As long as debt levels are reasonable and the company continues to maintain or grow its free cash flow, operating and running a private company frees up management's time and energy from compliance requirements and short-term earnings management and may provide long-term benefits to the company and its shareholders.
The reason itworks for them,fecaltom is that they do a much better job then you picking stocks. Sometimes even the sucessfull investors get one totally wrong and lose their a.zz. A good example would be prem watsa "the Canadian Warren Buffet" picking rimm and bbry. Then again wasta was able to wiggle things around so he gets a nice interest payment for the money bbry owes him and as a debt holder he will come out of bbry's inevitible failure in muchbetter shape then common rimtards like yourself
Google is working an angle to work with BBRY- deal pending.
I say This Cash Cow is way too cheap and way oversold.
IBM and Microsoft can benefit having BBRY assets to meet corporate clients needs.
Buy and hold works well for most successful companies. BBRY does not fit the description and if you have bought and held you have been financially taken to the woodshed.
Buy and Hold does work. The most successful traders of our era BUY and HOLD and buy more when the market turns down. There must be a reason this has been successful for them.
Before anyone jumps at me, yes i know the difference between "do" and "due", silly mistake
Lots of sassy and boisterous comeback posts as of late. Mostly imitation of course, but its a breath of fresh air compared to his mental breaks that were burdening this board lately. Bashiousclay, I'm assigning you as his med compliance officer.
Check out ULTIMATE STOCK ALERTS (search them on google) and you wont be disappointed. Their last alert made me 30% over 3 days. Cant complain about that, especially in such a bearish market.
Bbry has never cared about its long term holders. Bbry likes to fleece them,
let me guess which of your fellow longs gave you a thumb down. i think it was someone we call a Canadian idiot.
Declines give companies the opportunity to buy back stock at bargain prices.
If you truly believe your prospects are bright and you'd like to return capital to long term holders of your stock, it is an excellent time to buy back shares.
It would seem stupid to let this opportunity pass.