Addiction. It is sweet for shareholders. That is my catalyst that keeps me focused on RIMM’S Blackberry. There is no patch, no schools, no Blackberries anonymous – YET. Actually – I would take that as a good sign.
Until someone does Corporate email addiction better – the trend is your friend in my books.
Way overvalued. Yep. It was so 80 points ago as well.
Won’t survive the competition – maybe.
Not the focus of the conversation that we hope to start.
CAN IT CONTINUE? That is the conversation. If it does continue and Crackleberry adds IM, a camera, iTunes – $110 may look like a good entry. If it does not, I will lose some money. In the end, proper money management and discipline is the key to my strategy and any other.
I was stopped out of the stock in the summer swoon after a great run and it promptly turned around and ran 40 points before I bought a small amount again at $105 and change. It is scary no doubt, but met my criteria once it reached another all-time high.
I hope to hear how smart or stupid I am over at Wallstrip . Let the comments rip.
PS – I am addicted to Lindsay. Don’t bet against her even though this is a new trend :) .
I think Jim Cramer reads your blog.
http://www.thestreet.com/_tscs/funds/madmoneywrap/10315338_4.html
HE should :)
Thanks much Mike. I used to love this guy. he was the originall rspper of stocks. Lou reed stayed cool. he hasnt.
My crackberry has IM through AIM ;)
one down. it is lame though
RIMM mkt cap 20B, MOT mkt cap 60B, DELL mkt cap 55B. Does RIMM make any sense? Its a hardware company competing against several other heavyweights that are kill each other’s margins. It’s a software company that is in competition with the Telcoms. The growth rate is great for now but the valuation is as if it continues forever. One of these days Palm, Motorola, Samsung, Nokia or LG will get it right and Rimm’s market share will get squeezed. One of these days MSFT, Palm or the Telecom’s will come up with email software just as good if not better than Rimm. It’s a one trick pony. Keep a firm touch on the trigger.
Getout – all depends on your osition size and strategy. They are executing perfectly right now so who’s to say.