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BlackBerry Limited Message Board

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  • jagsfantoo jagsfantoo Nov 18, 2012 10:41 PM Flag

    Prem Watsa now own 20% of Rimm

    Over the past month RIMM has risen 20% while the Naz has declined 4%.
    You can cry all you like but it seems that some serious investors are now buying into RIMM on a grand scale and leaving the rigid short sellers behind.

    Sometimes the tide goes out but it always comes back in again.

    Sentiment: Hold

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    • by serious investors, do you mean one whale averaging down for a year?

      "Sometimes the tide goes out but it always comes back in again."

      not really. you've been making lower highs and lower lows on the chart for some time now. enjoy the rally, 'cause it's gonna invariably give it all back. nothing's changed --- they're still selling less and less phones and coming in lighter and lighter in revenue vs. forecast.

 
BBRY
9.99-0.08(-0.79%)Dec 19 4:00 PMEST

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