My average stack price is about 228. I bought it all in the past week. Lets hope she keep going up from here!!!

Sorry to hear that.

Wirelessly posted (8100: Opera/8.01 (J2ME/MIDP; Opera Mini/3.1.8295/1690; en; U; ssr))

Can't be that bad, i was thinking about throwing some money into RIM, but i'm not sure how well they will do in the short term....

i read on zdnet that sprint is busy building 4G (wimax). If they r the first on the block to feed it to the masses, their stocks will go thru the roof.

Three reasons why I think RIM stock is not a good investment today or this current period:

1- RIM is currently overvalued greatly. They have had a great period of growth, but RIM's p/e is way out of whack.

2- I read somewhere Apple reports earnings late July. I think RIM will take a hit, even if only slight, when Apple reports the glory of the iPhone month.

3- RIM insiders are cashing out on a lot of their personal holdings. What does that tell you?

Don't get me wrong, I think RIM has been a great investment, and will be a great investment, again, later. But the old axiom of buying low and selling high still applies.

apple's is 7/25 i believe. It will be interesting and I agree with you JSanders about RIM.

Both RIMM and Apple are way above the support line, both have and show no sell signals or warning signs yet from locking at it's techicals. Both also have instituations pouring money in so I don't see any reason to sell by any means right now. So if you are holding either I'd continue to hold right now. Long term who knows...lol What goes up must come down....

I think if Apple has a good earnings report next Wednesday not only will apple do good but I think RIMM will too!

In other words buy your 2008 put options now at a discount did I say that out loud?

RIM just released an earnings about about a month ago... remember it skyrocketed like $35 in one day... then its gone steadily up from there to its current price... You got a couple more months

so after losing $1,500 today, how do you feel?

Hey Jibi,

Don't flame me but I think your avatar must be getting to you!! You are usually so helpful.

CarBob

I got a little RIMM after they had their big run from the 950 days (I almost bought that early, but they were still way overvalued back in those days when they only had 50,000 subscribers! That would have been a 20-bagger if I did). However, I bought before they went consumer (back in the NTP FUD days) so I am still on a nice gain from that.

My investing horizon is longterm -- I typically hold stocks for years. I still have Cisco from 1997... I tend to ignore short term signals. (So daytraders and technicals don't often factor into my decisions.)

The question is when I should sell. One needs to evaluate whether RIMM will be significantly higher in 5 years. There's iPhone competition now, but RIMM is being confident. But 2 years ago, few of us believed RIMM would have memory cards, cameras, and multimedia playback in BlackBerries today. I'm pretty sure they can stay competitive. There's still 7 billion more people in the market out of the 9 million current subscribers. The market is big enough that I can wait a decade -- what if RIMM has 90 million subscribers worldwide in 2017? Then it's worth I hold my stock that long, even at a slower growth (but still market beating). On the other hand, they can dangerously stumble, lose out to Apple and other vendors -- it could happen. After all, we've already hit the market cap of one of the massive ones: Motorola. We're nearing the territory of "big ones" so possibly goodbye to fairly fast growth... But they have defied these predictions so far, and I expect they will. iPhone is a good phone and preferred by some, but isn't a universal preference for everybody -- and I tend to believe RIMM when they believe iPhone is helping grow the smartphone market..

Anyway, short term I don't see much happening to RIMM. If I was buying today, I certainly won't buy just plainly because it's overvalued. (Then again -- I thought Apple was overvalued last year, and look at where they are now. Ditto for Nintendo when the Wii came out. Doh!)

hehe. Well, usually after a run of a 35% gain over a few weeks without much actual or fiscal substance, you really have to wonder if it's smart to purchase that much stock. Now tiger is looking at a loss of $15/share since he posted, or a bit more than $2,000 in net loss of his net purchase rate. I mean, it's gained over $50/share in the last month, so maybe it will go back up. Of course, everytime their stock does bad, I contemplate purchasing some but never do... and then it rebounds and I repeatedly kick myself in the butt. But at this point, I'm not sure if there's much more room for RIMM to move. I think it'll settle off a bit lower than it is now, and then it'd be a smart buy, once again (maybe wait until it lowers to $200-205 or so). But purchasing it at almost an all-time peak may not have been that smart, but I'd hold off until the 3-for-1 split comes around next month before thinking of selling - who knows, we may have another spell of record breaking numbers again.

Shouldn't we not be looking at raw data #'s and WHERE RIMM can go from here? Relative to the competition & KEEPING their existing subscribers.

Keeping Existing Subscribers:
1 - offering a better web-browser that is seperate from the OS "Finder" & to do the same with the media browser. IE can the 8300 browse pics & listen to music with or without A2DP headphones in use? I, like many others can create a pseudo slideshow of family photos or events taken with the inbuilt camera on a SonyEricsson K790 or just about any Motorola/SE phone, and M$ smartphones can do the same along with UIQ3 (the last I'll get too later).

2 - Finally offering native HTML email (compressed not to increase data usuage) with the ability to have an ON/OFF command on either BIS/BES directly switchable from the BBDM/HH itself. Furthermore the ability to have an HTML-Email Lite version similar to pure HTML vs WAP2.0/xHTML when browsing websites on normal phones. What I'm getting at is to have full blown (compressed of course) HTML email. The stuff that BESTBuy sends weekly about regional store deals, while still having the ability to say have banners/links just have the company html logo filled in yet not the background banner (further reducing unnecessary data usuage). I'd like to have this seperate from the BB Browser app as well!

3 - Encouraging a hand towards making Canadian & other providers worldwide to finally have a TRUE unlimited data monthly charge that is NOT capped! Don't their internal employees tire of this as well?! Is only Lazaridis & Balsilie the only two in Canada with a secret ultra PURE unlimited data plan?!

ROOM to GROW:

1- In Europe Symbian OS is STILL king and has been for a LONG time regardless of the shady #'s MS has posted this last year. Their making headway; but still have a hill to climb EVEN with HTC's help. RIMM has to start thinking that Consumers are NOT the only ones that wish to listening to music & view photos independently. That their potential customers are NOT willing to be limited to streaming audio/video by ONLY 3rd party vendors/apps; but the ability to view a web page - keep it static - and goto a link from email corporate or personal to a site or video directly and have the browser intelligently invoke the media player (separate audio, video & photo viewers PLEASE even if to keep it just a "Media Player" allow it to be invoked in 3 separate instances) for streaming video playback. DON'T release the 3G berry stateside or the followup to the 8707 without this ability in this day & age PLEASE!

2 - API's I still have yet to see 3rd Party apps to be able to use the Browsers Bookmarks - import & export more to the Browser (Opera Mini anyone).

3 - the Microsoft Exchange KILLER! Allow the ability to ARCHIVE - similar to a .PST File - on the MicroSD card. Heck with 2GB & 4GB on the market SERIOUSLY push the market manufacturer of Sandisk to create & release 8GB & higher. PUSH Microsft to further allow higher .PST file storage limitations. Also allow the ability in a future release or SP of BBDM V4.2.x to SYNC this MicroSD Archive to the MS .PST file or even a Domino NOTES Archive file. Both of these file types can be compressed and secured with AES on the MicroSD, and possibly whiped with the OTA Kill from BES!

> THIS ALONE will increase GROWTH through new versions of BES upgrades service support calls!

This is what generates customers, contracts, increases both and what analyst's sometimes/usually miss until its already in place, yet glorify when they find out.

Is any of this excitement that I have valid gents?

...all of it sounds plausible and is likely on the 1-year-out roadmap. full streaming audio/video should be available with OS 4.3.0/4.3.1, likely due out next month (for some devices). expect some changes with the media player functionality (although perhaps not all that much). the blackberry browser will also get a new look/feel but not much different than the current version - and definitely not vector-based HTML browsing. HTML emails will be supported by the end of the year, but that may be limited to newer devices/OS versions. BIS will also be changing before the end of the year (maybe early next year), so the non-BES prosumers/consumers will have more of an appealing draw with full PIM functionality with the likes of GMail and Yahoo.

Thanks Jibi. Totally concur. Would never even think of buying any stock if it appears to be at the top of the market.

Will be interesting to see what happens when RIM introduces the BB 9000 series.

CarBob

This has nothing to do with the conversation. I just wanted to say that I almost went for the ant on the screen.

Hmm, I kinda think he deserved the hit even more with his bragging headline "I've now got 40K in RIMM." Talk about the stock, the price trends, whatever - but THAT headline was just a tasteless attempt at "I have more money than you do," IMHO, of course! A simple statement that "I've bought RIMM in the past week at an average price of $228 and I'm hoping it will continue to rise" would have conveyed identical info with a whole lot more class.

I totally agree.

Is this a joke? You didn't really do that...did you?

With the limited amount of forum post he might just be making it all up, if I were to invest this much money into RIMM I'd at least read forums all the time and understand the devices and what room it has to grow.

Then again we always have silent readers that don't post so I may be wrong.

as a professional (Hedge Fund Manager), I will tell you that your trade (s) could be the worst I have seen/heard of in 10 years...It has a P/E of 54, and has gone VERTICAL recently. Absolutely HORRIFIC timing. I am sorry, normally I keep my mouth shut, but it's trades like this that cause the violent swings in the market. People chase chase chase stocks, rather than having some foresight, and then when things get bad, they panic out and cause the down move to be more exaggerated. Your Risk/Reward ratio becomes all risk, and virtually no reward (based upon collected statistics)

All of that being said, don't chase, if you see a stock you want to be involved in, wait for a down move to get in to it. Maintain discipline in your trading, you will do much better.

Wow....I haven't been on the forum in quiet a while and I'm surprised at all the crap everyone has given me.

First I didn't start the thread to brag about money. I'm a middle class guy (Mechanical Engineer) that has been disciplined and has save a good bit in my 401ks and IRAs so over time it has built up to a decent amount...like it should. I would expect most responsible people have saved more than me since I'm only in my 30s so I didn't start the thread to brag! I actually started it because I really like Blackberrys and I think business wise they are going pretty far...but that's just my opinion! I would’ve thought the people on here would have liked Blackberrys too so I decided to start this thread...to basically say, "Hey guys I'm new but I'm like everyone else here...I love my Blackberry and I like where the company is going".

I'm a somewhat experienced investor but my timing is off sometimes like everyone else’s. Let me tell you what happened after I started this thread...

I ended up buying RIMM as it went down to an average of around 226 per share (boy it was hard to keep buying it on the way down) hahaha. Then as some of you may remember it came back up to a recent high of 228.42. No I didn't sell it at the high but I had a limit order in at 228.00 so it sold (I think that was Aug. 8th). So I didn't make a fortune but I did gain money. So all of you that thought it was crazy may have been a little off, although I'm sure none of you will admit that

Since I sold RIMM I have repurchased it again at about 210. It went up to 215 the other day and I held on to it...maybe I should have sold then too. I still think it's going up. Oh and they continue to get upgraded by some analyst so I don't think I'm alone in thinking it will eventually go past it's 52 week low. It’s a great growth company with a good balance sheet.

Thanks for the concerns and opinions!

You are making yourself look like an even worse trader. You are admitting to buying at an average of 226, and then selling at 228? THAT'S LESS THAN ONE PERCENT!! You BOUGHT a stock near it's 52 week high, not after it made a very slow, organized move higher, but after it made a rather quick move to the upside, on inconsistent volume TO MAKE LESS THAN ONE PERCENT. Do you understand how back of a risk/reward strategy that is? What was your stop on the downside .20%??? Seriously, it's just awful, the stock moves on AVERAGE 4% on any given day. A stock like RIMM should be bought or sold (using good timing) and you should be looking for about 5%-7.5% return short term, and 10%+ long term..

You keep trading like you are and you will be broke very quickly....

^^good reason for ADVISER'S opinions and not doing it yourself. My guy would have stopped me dead in my tracks and asked "Is this play money, or a serious investment?". And then he would have told me I was stupid, which is what a good adviser is for.

...someone shoot me, please. lowers to $197 then gains $22.50/share two days later. honestly. shoot me. this leading into next week's split. ugh.

latest quotes have RIM targeted at $285/share

I know I know....I'm stupid for buying the stock lower than what I sold it for. Then I bought it at 211 per share and it goes to 226 then splits.

Yeah y'all are right...I'm the stupid one...hahahaha

Agree to agree.

Company 'undervalued,' Goldman Sachs says...

Shares of BlackBerry maker Research In Motion Ltd. moved higher yesterday after another analyst said the company is undervalued at its current share price and boosted his outlook for RIM's subscriber growth.

"We believe that investors do not give RIM credit for the lifetime value of the services contract that RIM receives per subscriber," Goldman Sachs analyst Brantley Thompson wrote in a recent note to clients.

RIM shares jumped $15.47, or seven per cent, to $235.99 on Nasdaq. On the Toronto Stock Exchange, they rose $5.33, or 6.9 per cent, to $82.90

At those prices, the shares are still relatively cheap compared with Thompson's 12-month price target of $295 for the Nasdaq-listed shares.

Thompson also said he was raising RIM's subscriber estimates to 1.375 million from 1.350 million for the next quarter and cited "very strong store checks in the U.S. retail channel" as one of his reasons.
"In addition, churn is much lower for RIM than other device companies, reducing the acquisition cost per subscriber and providing healthier profit levels," he wrote. (Churn is a term used to describe customer turnover.)

RIM's BlackBerry line of smartphones has become a staple for lawyers, politicians, executives and other professionals, but has yet to reach similar acceptance levels in the broader consumer market.
As the company moves to capture those consumers, its BlackBerry is expected to butt heads with Apple's recently released iPhone. The iPhone, laden with multimedia features, is aimed at the high-end consumer, rather than the mostly corporate users who buy the BlackBerry.

RIM first released a multimedia-heavy device, the BlackBerry Pearl, last September.

The Goldman analyst's note, dated Sunday, came about a week after UBS upgraded the stock for similar reasons.

"Our recent U.S. retail checks indicate continued solid demand, while in Europe RIM has expanded its distribution ... which we believe is the right strategic move as the company expands more aggressively into the consumer market," UBS analyst Jeffrey Fan wrote on Aug. 13.
He raised his target price to $280 from $235.