You said they were buying back on Nov 25 2011 when the stock was in the 16.25-16.50 range and would be an easy double. So were they buying then to double the price or now holding $10? You must be an insider to have all this info.
All 3 scenarios are BUY's and Im still buying. I can not predict how low a stock can go, but I can evaluate a value on a company. At $20 a share rimm tradeds for less hten 50% of its revenue once cash extracted. Hey 19 is a buy, $16 is a buy and at todays prices its a steal of a buy. CAll me in a year or so when the stock is back in the 30 or $40 range. Then you will only wish you bought at 19. So do yourself a favor and buy all you can now, because RIMM is solid an dis growing every quarter. How come you never mention theiir growth in subscriptions every quarter. When BB 10 is launched the U.S. consumer will buy it, Maybe at the same volumes of Apple or maybe not, but they will buy it and subscriptions will rise again. BB10 will be the new hottest thing out and people are lined up already waiting for it. IPhone is getting tired and no longer has a "cool" factor as everyone hasit. Been there, done it! BB10, Well this will be cool. Checkout the Blackberry Blade and the blackberry TK Victory. People are already lined up for it and the Balde will blow samsung and IPhone out in its design and function. Oh yeah, one other thign, I have no fears doing electronic finacial transactions on a Blackberry. Good luck with the other stuff
The buyback is happening along with insiders and some major players. Timing of short squeeze about to take place. Big money, RIMM buyback plan and some"Good Friends" have started and major short squeeze about to take place. Dont believe me, I dont care but RIMM is heading back towards the $18 to $20 level by Septemeber if not sooner. They will also be releasing the schedule for BB10 which is expected to hit certain markets in August. RIMM is planning very well and it will be a massive attack on any people short on thsi stock. Watch and learn