You have made a couple of points.
1. Bears are wrong to look at RIM's record of ineptness, delays and products that the market rejected and draw conclusions about their next release. Where do you come up with this? Looking at RIM''s track record is the absolute best indicator one can use to predict the future.
2. You claim that the stock movement in RIMM is a leading indicator that BB10 will sell very well. Can you explain why the stock jumped 40% around the same time leading into the Playbook launch? (RIM had a much higher market cap then and the stock was very difficult to move) How about the two stock jumps in Nokia leading into each Lumia launch?
It speaks volumes of the confidence that RIM has in it's "most revolutionay mobile phone ever" that it decided to allow all holiday sales go to it's competitors in favor of not going head to head with them in the marketplace with a new launch.
I agree with you on that point Jlew111 ...when the BB10 gains traction and 30 million phones sell at least give credit to their engineers...the phone is going to sell and sell well
11 Billion in Sales isn't exactly an induction into the Corporate Hall Of Shame. Apple and Google have obviously made their mark in this Space. A 1-2 Punch that has knocked RIMM and others down to the canvas. Continue to remind all on this thread of this ....knock yourself out. Just don't try and make any interpretation of how Rimm's stock is going to fair ...whether you bash Thor and RIMM 450 times or 45,000 times it is still useless to anyone trading or investing this stock...As observant as you may be regarding RIMM corporate ...you have no sense for RIMM as an investment... When the company was blowing out earnings estimates and making lots of money the stock began to retreat and discounted the pending market share losses....Now when the company is losing money albeit modestly so, the stock is moving up discounting their pending market share gains.....Like I stated before I am new to this thread and correct me if I am wrong --but I don't see either you or Joelew111 claiming to be Short the stock and at what price? If you post just to tell the world how imcompetent you believe RIMM has been....your point has been clearly made---And when they start selling more product and making money again you will doubtlessly give the credit to someone else.
Every Short is Counting on Rimm not having any success with the Bb10. Many referred to the BB10 as vaporware and would never make it to market. Now they are counting on the stock to drop when it comes out in 7 weeks pumping a "sell on the news" effect to occur. The big institutions are likely hedged already against a big upside move...stock is going higher.