Phones are due in october...the timing is perfect ..right before christmas season.
They have a phone with better options than whats out there now.. ( iphone4s is dated..iphone5 should be similar..i have an ics samsung and what they showed was superior.)
Right now they have to concentrate on a sleek design and working on getting apps till the launch date. And obviously push the BB7 in the emerging markets.
Obviously the stock will do what it does no point worrying about it.
And please don't fall for the 275 articles comparing RIM to PALM ... if you really compare the 2 as identical well then there's no point even continuing the conversation.
Stock is more than 15% less tangible value.... what more do you want. Buy some now..in June and July and see what happens...no risk of bankruptcy...just ignorance selling you cheap shares..why complain about that...temporary situation.
Your gonna wanna be in before the launch...they have 95% of the market to bite into... most people change phones every 2-3 years...current market shares aren't set in stone...they will have to be fought over.
The corollary of this fabulous phone being released in October is that any rational phone buyer would put off any purchases between now and then to see how that phone really performs. This is why you never announce a new product until you have it in hand and ready to sell.
i don't expect anyone to put off purchases, but come october believe it or not there will be other buyers looking for phones, and christmas period is a better time than now.... and they can't release the phone now, they need to set up the apps first...they have 5 months to get that right.....
We'll know by December, either they rally strong, or they sell or liquidate....pretty close to that liquidation price, actually probably lower right now so....