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-   -   Rimm @ $12.00 (http://www.blackberryforums.com/rim-stock-legal-discussion/259336-rimm-12-00-a.html)

BenzBerry 05-04-2012 09:49 AM

Rimm @ $12.00
 
Is there a good reason not to BUY now?

dc/dc 05-04-2012 10:21 AM

Re: Rimm @ $12.00
 
It will probably keep going down until BB10 comes out, and even then it may not come back up.

NJBlackBerry 05-04-2012 11:27 AM

Re: Rimm @ $12.00
 
Until (if) someone makes a bid for the entire company.

dc/dc 05-04-2012 01:41 PM

Re: Rimm @ $12.00
 
Quote:

Originally Posted by NJBlackBerry (Post 1776819)
Until (if) someone makes a bid for the entire company.

Yep.

BenzBerry 05-04-2012 07:34 PM

Re: Rimm @ $12.00
 
Quote:

Originally Posted by BenzBerry (Post 1776809)
Is there a good reason not to BUY now?

I have been using an iPhone for nearly two years. And don't like it so was looking around for an alternative. Had never quite figure out what was the whole BB deal before but with the only other viable alternatives being Android and W7 now, had to take a long hard look at BB. And I think I like it.

I am not a professional investor, but what with the hype and media bashing of RIMM, I took a closer look at the numbers.

Nett income of 1B on revenue of 18B with no debts in 2012, on a company beaten down to 6.2B total ......in the space of 52 weeks.

I am in a 100K as of today.

I don't even own a BB yet but I am willing to invest 100K in RIMM. Yes, the potential to depreciate is there but this is actually a solid brick and mortar company with a stable stream of revenue! I can name worse deals now

At $12 .....what is there not to like of RIMM?

NJBlackBerry 05-04-2012 07:44 PM

Re: Rimm @ $12.00
 
Good luck with your investment.
On Wall St. perception becomes reality.

BenzBerry 05-05-2012 12:08 PM

Re: Rimm @ $12.00
 
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.

dc/dc 05-05-2012 02:51 PM

Re: Rimm @ $12.00
 
Quote:

Originally Posted by BenzBerry (Post 1776916)
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.

BenzBerry 05-05-2012 08:11 PM

Re: Rimm @ $12.00
 
Quote:

Originally Posted by NJBlackBerry (Post 1776819)
Until (if) someone makes a bid for the entire company.

This seems like what should happen but in spite of the immensely attractive valuations, there is still NO take over considerations. Despite the rumors.

My take on this is that just between Watsa, Lazaridis and Balsillie, they own more than 15% of the stocks. Together with the board they prob control more than 25% of RIMM stocks. Not an easy takeover if whoever wants to take over can't convince these guys to sell. In the event of a hostile take over, it'll be bloody for whoever trying.

And to my noob viewpoint, these guys still believe in the product!

Either way, upside for the stock seems better than downside.

bostonnerd 05-06-2012 08:40 AM

Re: Rimm @ $12.00
 
Quote:

Originally Posted by NJBlackBerry (Post 1776819)
Until (if) someone makes a bid for the entire company.

Nobody in their right mind is going to pick up the whole company. I'm sure there has already been M&A due diligence done by various possible suitors and none of them found any value in a full acquisition. You don't acquire a company that is heading straight downhill.

* The handset business is not for the feint of heart. BB sales are now being held up with low margin 2G phones in 2nd/3rd world countries. The Chinese handset makers will own that in the not to distant future. The high end market has already been lost

* The BES side is becoming redundant. Msoft EAS is good enough and improving rapidly.

* Both IOS and Android are quietly adding new MDM APIs with every new release. There are now choices in robust MDM enterprise level software vendors

At this point you might as well let them go bankrupt and pick up any interesting IP when it's auctioned off. Makes no sense to aquire the whole thing.

Some Chinese company can pick up the Blackberry brand name (like Polaroid) and slap it on some el cheapo line of products.

NJBlackBerry 05-06-2012 09:12 AM

Re: Rimm @ $12.00
 
OP is probably better off sticking to his thread on another forum - Buying RIMM @ $12.00 - BlackBerry Forums at CrackBerry.com - where there are a lot more True Believers who will follow RIMM to the bitter end.

bostonnerd 05-06-2012 09:18 AM

Re: Rimm @ $12.00
 
Quote:

Originally Posted by NJBlackBerry (Post 1776968)
OP is probably better off sticking to his thread on another forum - Buying RIMM @ $12.00 - BlackBerry Forums at CrackBerry.com - where there are a lot more True Believers who will follow RIMM to the bitter end.

Good idea. Stopped lurking over there some time ago as it seems to be populated with 16 year olds. I much prefer the cranky pragmatic folks that hang out over here :)

JSanders 05-07-2012 11:28 AM

Re: Rimm @ $12.00
 
Quote:

Originally Posted by bostonnerd (Post 1776970)
I much prefer the cranky pragmatic folks that hang out over here :)

Presently company excluded, of course. :razz:

I don't know what I would put 100k into RIM right now, if I had the cash to do so... I've bought it at higher prices, and still have it, and it was too much to just cash out as it fell like it did.

I am one of those dreamers that thinks RIM will survive this. They are no worse now that Apple was in 1984-86 when their stock dropped to $8-9, and they fired Jobs. I am not thinking RIM can ever get to where Apple is now, but I do believe they can rebound from this.

Asides from all that, they have thousands of patents they own, 77 million current active customers who pay them monthly for service, and I just don't foresee in the NEAR future getting a message "your BlackBerry service has been discontinued dues to the fact the company fell apart over night. Sorry".

heredia21 05-07-2012 08:06 PM

Re: Rimm @ $12.00
 
I would buy stock right now. It will skyrocket once BlackBerry 10 is released.

NJBlackBerry 05-07-2012 08:28 PM

Re: Rimm @ $12.00
 
Except that no one outside of a shrinking Blackberry community actually cares about BB 10...

dc/dc 05-08-2012 06:47 AM

Re: Rimm @ $12.00
 
Quote:

Originally Posted by NJBlackBerry (Post 1777110)
Except that no one outside of a shrinking Blackberry community actually cares about BB 10...

Or the spam site in that guys sig.

NJBlackBerry 05-08-2012 06:59 AM

Re: Rimm @ $12.00
 
Which wasn't there yesterday. Not a problem now.

dc/dc 05-08-2012 07:54 AM

Re: Rimm @ $12.00
 
Quote:

Originally Posted by NJBlackBerry (Post 1777136)
Which wasn't there yesterday. Not a problem now.

Excellent. :)

regulament 05-29-2012 02:33 PM

Re: Rimm @ $12.00
 
So, what do you think will happen to the stock after they publish the Q1 results(28 June if I'm not mistaking)? Will it go up or down?

Or, in other words, should I buy now at 10$-11$ or wait until then and get it at something lower(5$-8$)?

dc/dc 05-29-2012 09:06 PM

Re: Rimm @ $12.00
 
I believe it will continue you going down. Another executive just left.


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