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Nortel Networks Corporation Message Board

  • protospherical1 protospherical1 Mar 14, 2013 8:13 PM Flag

    Under a hundred bucks daily volume?!

    Never thought I'd see the fly infested corpse linger so long without being buried and done with.

    Where is the. "don''t let them steal your shares", "its a gift" and "norty to forty" crowd today? Would be nice to hear from them to see how they made out. They never did let me know as many times as I asked. Hope the lessons in Nortel 101 helped. I do not think they liked me back then. Oh well.

    My last gift was RIM at around 6 in the summer, its up right now around 15 now. Anyone buy? More recently I was skeptical and would reverse my position to extremely bullish now. However buy right after it tanks due to the Mar 28 disappointing financials as they catch up and then hold strong for a few quarters until sales are reflected in the numbers. Its will be a short lived tank after Mar 28 so don't wait too long is my take. RIM is a star though the March 28 financials may beg to differ. They are also spending a fortune on ads.

    Apple has tanked and not found its base yet, I expect ongoing severe correction to about 50% in 18 months. Strikes me as a prime short if you know what the hell you are doing. Its had its run and lacks innovation so far, albeit things might change if they make new products than this dumb and desperate wristwatch.

    I may be wrong on both counts but this is what I believe.

    Nortel bosses walked, I am surprised they are still alive. Our system sucks, big time.

    Meanwhile all is calm in fraud haven Canada, politics heated, and the business prevention departments are burning the midnight oil trying to steal it from you any way they can. Banksters lowered rates to cannibalize each other, borrowing and consumer spending is down, times are tough and will get a lot tougher so save your money. I anticipate a mass exodus of homes in Canada in 2 to 3 years too and condos will really tank to a fraction of current value by then. Most of the money in the booming market today is borrowed, also expect a crash by then. Call me crazy, this is what I see today =)

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0.0035-0.0007(-16.67%)Feb 26 3:57 PMEST

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