Originally Posted by BenzBerry
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?