The mobile Internet has been in gestation for many years now and many of our investment clients wait for a turn into the “mainstream” to mark an inflection point in the business where they feel that technology is no longer a primary risk. We are here.
It’s easy to get distracted while looking for the next big thing to miss the current one. Virtualization and data center consolidation is good but it touches only a small fraction of the world. The mobile Internet will touch everyone and cross both enterprise and consumer technology markets. This is a “fat pitch”, as my part...
7/11 - "AmTech thinks RIMM can compete against Apple's (AAPL) iPhone because of "superior connectivity." Specifically, RIM's Blackberries have a better user experience and are more addictive:
'Always-on push connectivity is important for the user experience of IM. To date, a session-based experience has not shown the same sticky qualities and heavy usage as BlackBerry. We believe this is also true of social networks and will become so for many other applications. Facebook and many applications look great on iPhone and are much more functional than other competing platforms; but for many ap...
Research in Motion (RIMM), the maker of the popular Blackberry smartphone ran into some headwinds last month when it missed earnings estimated by a penny. That was enough to send the stock down 10% from a near high of $145. The market pull back further pushed the stock down all the way to $115 last week. RIMM might have missed earnings by a penny, but its earnings were far from shabby at 115% over last year. The company stated higher R&D costs and operating expenses both of which would help their business in the long run.
Many people compare RIMM to Nokia (NOK) - that RIMM is too expensive r...
We expect the smart-phone device market to gain momentum as opportunities remain firm on a global market basis. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect.
RIMM shares are trading at 34.3x our earnings estimate for fiscal year 2009. This represents a significant premium to both the S&P 500 benchmark and the peer group metric. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect. This part was added on experimental basis to see the effect...
6/27 - "RIMM's dream run is beginning to look like a thing of the past. Its shares are up a whopping 70% over the past 5 months, and 33% since its last quarterly report. In a choppy market, investors were paying too much premium for a company that depends on just one basic product, albeit in different versions."
"The 3G iPhone will support corporate email, which has been the Blackberry's USP and the only major reason why executives and managers have been devoted to Blackberry. Also, the number of applications being developed for the iPhone will generate a huge interest among younger consum...
6/29 - "The second half of fiscal 2009 and 2010 will be a strong period for Research In Motion Ltd. (RIMM) with an array of product launches accompanied by a big marketing push, according to Scotia Capital’s Gus Papageorgiou. He has an “outperform” rating on RIM and price targets of C$214 and C$246 per share for the next 12 and 24 months, respectively. The analyst also believes the Street’s expectations for fiscal 2010 are too low."
"He added that his estimates assume RIM has 15% of the global (smartphone) market by next year, up from 13.4% in the first quarter. The Street’s estimates impl...
The Dow Jones Industrial Index (DJIA) is the most widely followed index, holding our 30 most dear and near corporations - the names everyone knows. It actually has a very convoluted methodology which gives weight to the stocks within the indix by PRICE instead of market capitalization like most indexes. Hence the higher the stock price (which is quite an arbitrary thing, since if a stock splits 2:1 it should not matter to its "importance" in an index) the more it affects the DJIA. If you are interested in the morbid details (you engineering types) you can read here. Essentially most of ...
Wednesday, after the market’s close, Blackberry-maker Research in Motion (RIMM) released earnings that narrowly missed guidance for both revenues and earnings per share [EPS]. Having never come up short before, and consistently out-performed, Wall Street expected more from RIM. The stock traded down heavily after hours. Thursday, the market showed no mercy. Sometimes though, bad news is actually good news. Perspective is everything.
By the numbers, RIM reported revenue of $2.24b and earnings of 84 cents a share. While that fell short of the expectations for $2.7b and 85 cents, the revenue w
Tricky market right now - very oversold ("worst June since the Great Depression") and prone for some bounce but not doing so (I find that bearish). Sort of seems like a market where a lot of people would be willing to jump in, if it showed any real strength... but everyone is looking around the room waiting for someone else to go first. It certainly is not going to be me.
A few quick transactions
Buy in Research in Motion (RIMM) - I had this as a 0.1% stake going into the week and bought a small splotch yesterday to get it to 0.4% but was targetting $120 to add anymore, but today it gapped
While I like RIMM in the long term, this recent earnings report was pessimistic enough for investors to take money off the table and beat the stock up a bit until it becomes undervalued. Further, current market fears surrounding rising oil prices and rising inflation will magnify the effect. Short it now, buy back around $100 and then go long around the same price. <o:p> </o:p>
While I like RIMM in the long term, this recent earnings report was pessimistic enough for investors to take money off the table and beat the stock up a bit until it becomes undervalued. Further, current market fears surrounding rising oil prices and rising inflation will magnify the effect. Short it now, buy back around $100 and then go long around the same price.
The name of Chris Coste probably is not familiar to most investors. Heck, most fans of the Philadelphia Phillies never heard of the journeyman catcher until he made the team after languishing in the minors for more than a decade. But even investors who may not know the difference between a baseball and a football should get to know his story.
His road to the major leagues was a rocky one (both literally and metaphorically, like the...
Research in Motion (RIMM) has done phenomenally well over the past year, returning roughly 150% to investors, many of whom see significant upside in the company's continued inertia into the consumer space. In the near-term, this sort of fad-rich perspective could very well push the stock price higher, as RIM rolls out its new media rich handset, the Blackberry Bold.
Longer-term prospects, however, could play out in a completely different way.
RIMM can easily go up another 20%, or down 50%
- RIMM has earnings on Wednesday. This report is KEY to how we're going to play this bear market out here near term. I could be wrong and I'm not playi...
RIMM - "ONE WAY" stocks
- RIMM - THis one looks broken to me. While it could regain its footing, I think it should see under $100 within the next month or so. Obviously if the...
RIMM
- I do agree that the 3G iPhone is going to give Blackberry a run for its money, however, Blackberry has captured value solely in its brand name. Blackbe...
Pick your spots and rack up profits.
- These stocks are really trading poorly, I know I sound like a broken record, but in a Bear market you need to protect your capital! Then pick your spo...
RIMM should trend MUCH lower.
- RIMM looks VERY weak here. My experience is that while a stock like RIMM will bounce around and participate somewhat in market bounces in what is deci...
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