Rim valued at 50 dollars per subscriber, and that values the patents at zero, buildings at zero, cash at zero. Odd how some folks think we should sell. Any longs selling? Would like to hear from one that is selling, and why.
Let's assume the share price drop is a function of short shares. It means for the second half of June, it takes 3.4M short shares to drive down one dollar. In the first half of July, it takes 48M short shares to drive down one dollar.
In other word, it is taking increasingly more short shares to drive down the share price.
Using this assumption, it means to drive the share price down to $6.25, shorts would need to borrow another 48M shares. We are getting to the point of diminishing return.
This is just a way to look at things, to give some perspective. Of course, it is not exactly how things work.
Shorts has the media and message board to loudly broadcast their propaganda. Us longs needs to filter out all the garbage.
RIMM is not for sale. So no value..Even if MSFT or Oracle bid for this company and offer a $20/share the board will reject it. This is my opinion. They are banking on BB10. If the phone works just like Iphone and has secured e-mail it will sell like hot cakes. Samsung S3 is selling and it's not a business phone...Just wait and watch. Lot of upside..I am long RIMM.