And Nine_Ender predicts IBM can't be shorted UNTIL 2015.
and a few other quotables by this a-hole:
Nine_Ender
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Registered: May 2010
Posts: 910
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06-16-11 04:55 PM
AAPL was $9 a share in 1999. You'd have been saying the same thing about them at that point. In terms of "staying on top", I've seen IBM, AAPL, ORCL, INTC pretty much stay on top no matter what happens for decades. Seen this story many times, RIMM has the same advantages ( strong workforce, innovative culture, established distribution channels, strong balance sheet ).
Bashing RIMM is a CNBC / US analyst induced hysteria that is very much American in nature. I suppose if Canadians had the same nature, we'd be forever bashing your banks and the pathetic subprime business that brought your country to its knees in late 2007.
If RIMM went under, they would do so after making the principals hugely rich, costing the taxpayers nothing, and owing nobody anything at all. Certainly no Lehmann, that's your American baby to deal with, and we get to deal with RIMM in Canada. Easy choice, RIMM is well liked in Canada, even when they only make $5 a share this year.
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Nine_Ender
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Registered: May 2010
Posts: 910
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06-16-11 09:45 AM
I think anyone who shorted this thing the last few months might want to take profits now.
Takeover bid, start a dividend, improved outlook, etc etc. Any of these events would be a shock to the bears. On the downside, how much lower could it really go ? Honestly, maybe I'm missing something here, but how many money makers with no debt actually drop to P/Es of 4, 3 or 2. I'd love to hear about them it would lend some perspective.
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Nine_Ender
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Registered: May 2010
Posts: 910
09-19-10 09:15 PM
Certainly there are plenty of trading opportunities both directions on RIMM but $47 seems cheap when numerous analysts were targetting $100-$120 last year. Can you imagine a P/E of 10 on something like this in the late 1990s ???
RIMM and Apple basically destroyed the competition I highly doubt Apple will be a one company party in this space.
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Nine_Ender
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Registered: May 2010
Posts: 910
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01-18-11 09:05 PM
Quote from atticus:
Shorting 348-49 tomorrow pre-market.
You're a generous fellow donating your money like that. While your at it, short GS and WFC as well. That's what makes a market, and when your covering it will add fuel to the initial rally.
Note: GS topped out that week at 175.
There's a good reason this POS wanted his entire posting history erased. He's left a trail of brain droppings and perma-bullish stupidity everywhere he's travelled.