Rimm
- Thread starter bid4pk
- Start date
What are your calculations? What's your time frame?
I got out of this one @ $74 before last earnings and haven't looked back. Lots of competition will continue to erode margins. I like the company - a lot - but I'm not sure how much I like the stock right now. I see no catalyst for it to shoot up.
I got out of this one @ $74 before last earnings and haven't looked back. Lots of competition will continue to erode margins. I like the company - a lot - but I'm not sure how much I like the stock right now. I see no catalyst for it to shoot up.
Quote from bid4pk:
This stock is way undervalued according to my calculations. Any one have some ideas on a support level before we get a pop? I've been a long time trader of this one but lately it just hasn't been behaving the way it traditionally does. Any thoughts are greatly appreciated.
50
In and out the past few years as a trader and investor (once by accident, LOL).
It's trading ability is diminished from what I ask of the heavies, and I see no reason for this to be an investment vehicle.
As someone already stated, this market is maturing and unlikely RIMM will see any explosive or even noteworthy growth.
If you get 70, get out.
All of the android phones on the horizon are going to chip away at any dominance BBerry might have had.