We added RIMM to our Favored Stocks list, AFTER their earnings call recently. Yesterday, less than a month after their earnings, they came out with interim sales and guidance warnings. They also explained its a company in transition. Did they not know this during the recent earnings call? The shares are down 14% from yesterday. We still believe in RIMM long…
We are adding RIMM to our favored stock list with an initial target of $80.00 per share. This is also the target price that Smith Barney has for the company’s shares as well. With the earnings currently achieved and estimated, the shares would trade at only 10 times earnings at $80.00 per share. The article below from Barrons this weekend…
Purchased RIMM originally in the mid 50′s. Sold it out about there when the Playbook was “Launched” publicity wise, the thinking behind the sale was that as the Playbook was not coming until sometime in the end of the first quarter 2011, it needed time to be actually seen and demonstrated. Also just a ‘sell the news situation and wait’…
I have been reading much lately about RIMM and some potential issues with their Blackberry Messenger chat service in the middle east. Saudi Arabia and some other countries are concerned that they can not ‘monitor’ their people as easy as they want to as a result of the security of the Blackberry Messenger service, and the servers being located in…
Hi I was talking to my friend Fred tonight and he told me it looks like it may possibly be the right time, on a bounce from here, to book a few profits and then buy again on any dip or weakness. Also, do not underestimate RIMM. This is a great company and it should trade higher in the future.…
In my honest opinion, now after using the iPhone 4 and the Blackberry Bold: The Blackberry Wins for me. Better email. Better typing. Better signal. Better call quality. Better texting. BETTER Messaging- you can not beat the Blackberry Messenger and its Free World Wide Service that can save thousands on a trip. Better Data plans and Faster Data as it…