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Tim Travis
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Tim Travis is a veteran deep value investor and money manager. Travis has extensive experience in traditional investments such as stocks and bonds, in addition to having a unique methodology of combining options and distressed investing with value investing to generate income, reduce risk, and... More
My company:
T&T Capital Management
My blog:
T&T Capital Management Blog
My book:
Learn to Treat Your Portfolio as a Business
  • RIM Tubles Below $10 A Share, Lowest Since Dec 2003-Bloomberg 0 comments
    Jun 4, 2012 3:15 PM | about stocks: BBRY

    RIMM's stock continues its March downward now reaching levels not seen since 2003. It's amazing to see how far the stock has fallen over such a short period of time. This is really a big warning on consumer technology investing as things change so quickly that it is extremely difficult to forecast 3-5 years out. At these prices I'm highly confident the company can be liquidated for a sum quite a bit greater than the current enterprise value, so barring any value destructive decision making I think the risk is reduced substantially.

    http://www.bloomberg.com/news/2012-06-04/rim-tumbles-below-10-a-share-lowest-since-december-2003.html

    Disclosure: I am long RIMM.

    Stocks: BBRY
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