$RIMM goes as low as $12.37 when the earnings came out before recovering to the $13 levels. Clearly, in the earnings call, it leaves no doubt that there is very little RIMM can do. They have missed the opportunity for both the smartphone and tablet market. And the opportunity to capture the market share… Continue reading $RIMM . Continues to be bearish.
First off, this is not a post about the technical superiority of any OS. Secondly, I am vested with a SHORT position on RIMM. So, read this with a huge pinch of salt. For the past few days, the media has been reporting Mr. Leon Cooperman’s ownership of 1.42 million of $RIMM Â shares as of… Continue reading Is $RIMM new OS really that great?
This post will not contain any chart reading. Rather, I am just going to raise one key point about RIMM. There’s an open letter that has been going round the Internet. In it, the letter shed some insights, missteps and frustrations from within RIMM. RIMM has a response to the open letter. RIMM’s statement is… Continue reading Research In Motion ($RIMM) : Shipped is not equal sales