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BlackBerry Limited Message Board

  • wes_w_weber wes_w_weber Jun 14, 2012 9:53 AM Flag

    RIMM down almost 10% in 24 hours.

    Yesterday it was $11.02 shortly after 10am. hehehe Now we are 8% lower in 1 trading day. This is only a short stock FOR SURE. This thing is going below $0 I would say.

    I love how it locked all kinds of buyers in, in 24 hours and now they will "wait for the turn-around" but actually will sell out at $7 when the loss becomes too great.

    Hhahaha wow look at this thing. I bought yesterday and dumped it. This is a $7 at the top end of the range.

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    • NOK (Nokia) downdraft. NOK is down double digits today. RIMM appears to be taking some shrapnel

      You have to ask yourself the following question. If NOK is tanking (it's $2.38/share) even with all the support that Microsoft is providing then what chance does RIMM have with an OS that is not even launched?

      • 1 Reply to nickmotor
      • OMG ... stop making sense ... I remain optimistic that they will start making donuts. And they will take away sales from Tim Hortons (THI) ... what? ... it could happen. D-O-N-U-T-S !!!!

      • Yes that is exactly the question and the answer is $0.

        RIMM would be worth $0 that's how much and that is no Joke. Good thing they own Real Estate and some tangible things to sell.

        In all reality I would expect RIMM to languish in the 7's for about 2 years from here. Or by then with out cash, it may have to file for bankruptcy. Sounds crazy to some people now - watch how time changes that.

        Just like yesterdays buyers and holders have now become believers and dreamers - holding on for todays turn around hehehe.

7.17+0.01(+0.14%)4:00 PMEDT