Thread: Rimm @ $12.00
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Old 05-05-2012, 03:51 PM   #8 (permalink)
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Default Re: Rimm @ $12.00

Quote:
Originally Posted by BenzBerry View Post
I am going to trade / invest in RIMM with the basic assumption that it is a financially sound company; with its fundamentals as it is, it can't be any better!

How many listed companies are actually debt free? Without debt how can you go bankrupt? As I see it RIMM will not be bankrupt in the near immediate future so the downside risks are fairly low at $12.
That seems like a really ignorant plan, but good luck to you.
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