Research In Motion (RIMM) 01 (Sep 08 - Oct 11)

[iam802]

Yesterday, the market was down and RIMM was up.

Today, market going up and RIMM going down.

In fact, it just break $23. 52 week low is around $21.50

Let's hope RIMM will break through $21.50 before end Sept.

I want to see it $15 by Nov.

[kennynah]

good luck !!

[iam802]

Rumours. Icahn may be buying.

[iam802]

Rumours. Icahn may be buying.

Borrowing from Winston's idea of window dressing.

Could this rumour be the last ditch effort to ensure RIMM stays 'up' before Sept ends?

[iam802]

RIMM must be the next Kodak.

Seems like lots of Android apps are not going to work on Playbook (not that it matters)
--

RIM releases list of Android-on-PlayBook no-nos

http://www.thinq.co.uk/2011/9/28/rim-re ... ok-no-nos/

...


Key features which will be unavailable to Android apps running under the compatibility layer on the PlayBook and future BlackBerry devices include Android's famed battery-sucking Live Wallpaper, SIP and SIP VoIP, anything built using the Native Development Kit, apps containing only App Widgets, and apps containing more than one activity tied to the Launcher.

In addition, any packages which rely on Google Maps, in-app billing services, Android's text-to-speech engine, or the cloud-to-device messaging system will all be rendered unusable under the company's runtime system.

Read more: http://www.thinq.co.uk/2011/9/28/rim-re ... z1ZM3sdfLT


...

[iam802]

Once in a while, we will come across some 'bullshit' report from analyst.

I think this is one... what do you think?

--

Angel in the details? Scotia sees ‘strength ahead’ for RIM

http://business.financialpost.com/2011/ ... ance-data/

Salvation for Research In Motion Ltd. shareholders may be closer than initially anticipated.

Scotia Capital financial analyst Gus Papageorgiou expressed high hopes for RIM in a note to clients on Monday, calling the Waterloo, Ont.-based company’s own estimates for channel inventories going into its next quarter “very conservative.”

RIM’s channel inventories — which refers to the volume of products being prepared for delivery to consumers — appear to the analyst to be “low to very low” for RIM’s quarter set to end November 26.

That is a good thing, Mr. Papageorgiou explains, because it shows BlackBerry sales are accelerating as the company must move faster to replenish depleting inventories. Coupled with what appears to be a still-expanding subscriber base, Mr. Papageorgiou suggests all signs “point to strength ahead,” while maintaining an Outperform rating on RIM with a $55 price target.

Shipping just 10.6 million BlackBerry devices for its August quarter, RIM missed analyst expectations in what was the company’s first year-over-year quarterly decline in product shipments for years.

While some shareholders have since taken the decline as evidence of waning consumer interest in the BlackBerry brand, Mr. Papageorgiou argues the more important numbers paint a far less dire picture.

“The sell-through numbers are a more accurate reflection of what is happening in the end market as it characterizes the actual devices bought by consumers through carrier or retail channels,” he said.

....

...

“The bottom line is despite management’s mis-execution, we believe the company has made all the right strategic moves to deliver significantly better performance in the back half of this year and into next year,” he said.

His advice to potential RIM investors is to go long on the stock. But only after Apple launches the iPhone 5, just in case.

[kennynah]

can have $55 price target...question is when? 2129?

[iam802]

going to bet that the opening rally from RIMM is fake; trying to steal the limelight before AAPL event later.

Once AAPL announcement come out, I think RIMM will crash. (<< at least that is my bet)

[iam802]

From flyonthewall.

Shares or Research in Motion are moving higher on speculation the company has hired an investment banker to explore strategic alternatives

[kennynah]

what can an investment banker do for a technology company?