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You do not really need to use much caution. RIM is burning up over $5 million a day just to keep the lights on. This can not last for much longer.When BB10 is released and the weekend sales, with the vultures out counting in the stores and getting numbers much like a premiere movie, start cominmg in light, this thing will see sub $2. Hehehe.No one will be rushing out to buy a BB10 to find out their apps can not be downloaded even though they paid for them on their other devices - they do not exist on BB10.This is so sad. People still buying all the way to $0.
where are you going to get the shares to short?You shorts keep talking about the past.Today, the share price is so undervalued because of the bashing, it is more than priced in. Today is a value deal.Look at the August option. Your days are numbered.You have to keep talking to just stay above the water. Otherwise, you will sink fast.
RIM is headed to sub $2. It is not a billion dollar company anymore. It is worth less than $1 Billion which means less than $2 per share. You can still make 70% going short with this symbol. There is virtually no risk.New comes out that someone bought 5% of the company on the open market and it still goes down hahahahaha. You'd have to be blind not to see this!
maybe because some views a new 52 week low as the ultimate low, when it fact, ststs will show new lows are always created on the trend process of hitting a new low.