Those who sold or will sell under $60 are fools.
I have no other comments for them.
Forward P/E only 7-8, that's redicoulously low.
This stock will get back to above $60 and $62 very soon!
Reading these posts man, all I can say is "Its Getting Deep".
A poster named, "Warren Buffet" come on.
Low PE means time to buy, come on, a low PE means no one wants your stock it is a dog, an increasing PE is actually a good thing. A low PE a sign of a stinker.
You don't lose until you sell, have not heard that one for a long time, what are they smoking in Schaumburg. Wonder how many people have MCI and Enron shares in their desks.
I was a RIMM long and sold my position recently. The p/e won't be low when their actual earnings come in significantly below the forecast. Also if RIMM couldn't forecast their current quarterly eps 30 days ago why should anyone believe their full year forecast? The stock is dead money for at least the next six months. There will be much better buying opportunities in the future should you want to get in again. Be patient and wait until business begins to show signs of improvement!
I agree with you. Time will tell ... I sense people will turn to value investing once depressed Xmas sales margins crap out the retailers and Europe starts to get shaky again. Some may call it a value trap but at 7X to 8X its definately a buyout candidate for MSFT if nothing more ...
<<Those who sold or will sell under $60 are fools.
I have no other comments for them.>>
tfglgregory and torontstewart massively shorted this at 43.00 !! I guess this does make them fools!
They are happy about this however! Nothing like a bunch of happy fools!