Believe that he will smile again in 1 year, I also bought more into my RRSP.. will keep for 2 years, tell him don't look at the SP the next 6 months..if that will come true in 1 year, text me with thx
Our CEO said it was the Carriers in USA that caused this delay for the USA. Other carriers in Europe and Asia, JUMPED on the offer to carry BB10.
This SLAP in the FACE is from the very same USA Carriers, then they have the guts to bad mouth BB10 ...(as it wasn't prepared and it's late in the game) GO Figure!!!!!
THIS was all fixed from the AMERICANS, as THEY were to MUCH EXPOSED ON THE SHORT SIDE!!! USA Wants to Support APPLE, and this is why they detailed to reply to BB10 and caused the delay!!!!!
Tell your dad he is not alone....I am in the same situation and I'm losing, but you just have to bite the bullet here and take it one day at a time.
Sentiment: Strong Buy
What was mentioned actually implied that the US carriers have no "motivation" to sell BB10 in March .... so RIMM's share price is easily "manipulated" if there is another delay in March ??
Maybe the US carriers are rightly balking at the fact that RIM is charging the same premium pricing as Apple. They hate the iPhone because they have to pay such huge subsidies - they love Android and Microsoft becuase they are great devices at much lower cost. RIM's hubris thinking they can go toe-to-toe with Apple will be their undoing. Which devices do you think they carriers will push? They only carry Apple because their customers howl for it. Nobody his howling for a Blackberry as owning one has been a source of mockery for 3 years or more. When BB10 finally comes out in the US in a couple of months it will walk right into iPhone 5s/6 and Samsung Galaxy S4 - the latter will be a better device at a lower cost and the carriers will push it all day long.
IMHO anyone with more than 5% of their portfolio in any stock, especially a falling knife like RIM deserves the lesson they are learning.
Sentiment: Strong Sell
Tell Thor to relocate to Siberia and become 'Betty' as he answers calls from credit card holders. That way he'll get some of his retirement savings back and you won't have to leave Waterloo.
I am truly sorry for you. Life isn't over we have all been there. I pray for better fortune for you if you are not joking around.
Buy/hold ( only from a trading view and only short term )
Leave the computer screen and come back in two weeks. Go cut the grass or have a drink with your dad and enjoy life. Do not sell your position and if and when you make money do not regard youselves as making a good decision, regard it as pure luck and you are an idiot playing a game you know nothing about. Truth hurts. That is how I learned. Lost hundreds of thousands of dollars before I started to make a living.