Its as if RIM is going out of business...
There is value here, just not yet.
I am watching this stock.
Despite it's uncertanty it has to hit it's rock bottom where the opportunity of earnings stablizes and shows the opportunity to grow. They are a solid company even though they have many disturbing headlines. They do have dominance in the tablet and cell phone area. I own a I phone and I see about 10 - 1 i phone owners to black berry, but that does not mean things won't change.
I am actually sick of my I phone and the lack of flash. Black Berry at least is situating it's self on the fact this is important to people. I would not buy Apple right now as I think they will lose market share to the Android, which seems to be the big thing right now.
I will wait and see and I will bet RIM will see a reversal and a nice growth especially if their earnings stay moderately strong, and start growing.
I have been watching rim fall from $60 dollars and have been waiting until I see the company reaches it's balancing point. I look at financials and stuff and watch stock. With tree, who now it is a gamble but so what if I lose, because I win many gambles and that is the game I play, The gambles i win allow me to compound my dividend portfolio much faster and I have a set fund I use to take long gamble positions. It works very effectively for me and I have compounded my portfolio very nicely because of stocks like tree. If the position fails, Oh well, maybe later a better opportunity will come buy, or later on maybe it will hit a big price rise. I have years... It is not like I am investing all my eggs into this stock, I have some in Manulife, CN Rail (At $48) Some in Finning, stocks like that, but I don't mind taking a gamble along with my portfolio, especially when the company shows a big revenue. It is not like those silly hot penny stocks that peope alert you about that have no fundamentals and then everyone is shorting on them. At least TRE has potential and that is what I considered, if not now in later on in time it could easily.