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BlackBerry Limited Message Board

  • califlyonjkwall califlyonjkwall Jan 20, 2012 1:46 PM Flag

    DR J GAVE ME SNDK AT 9 ITS 50 +

    RIMM WILL BE 30

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    • <<RIMM is not an investment. It's a gamble on a hope of a buyout or partial sale of the company. What will you do if the buyout does not occur and the company continues to disappoint? You will watch your hope and money fade...>>

      I tried to warn you. Where is Dr. J now? I suspect that he took his profit this morning and left you holding the bag.

      Sorry, but the fundamentals and the charts all point lower. Hope you had a stop in.

    • Fallacious reasoning. I'm long SNDK since Dec 09. Currently up over 22 points. Have made a killing selling SNDK puts. The Jan puts I sold at 38, 41 and 42 just expired worth, as did my Jan 55 calls.

      However, one cannot reason that RIMM is a good investment just because Dr J reccomended it. RIMM is not an investment. It's a gamble on a hope of a buyout or partial sale of the company. What will you do if the buyout does not occur and the company continues to disappoint? You will watch your hope and money fade, while SNDK continues to rise with their steady earnings and high profit margins. SNDK is the industry leader in NAND flash memory, but RIMM is an industry laggard.

 
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