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Some Good News For Fearful RIMM Owners (A Remedy).
London Calling On The BB10
February 1, 2013 | about:RIMM -Michael Collins- Former Hedge Fund Analyst in London.Disclosure: I am long RIMM.
What does this mean to you? Well, if a Blackberry with barely any ad support in the UK and no keyboard (?) is flying off the shelf, you need to understand that the un-crossable bridge for Blackberry, selling new phones in the first world, has just been crossed, and it managed this with a keyboard less phone. With the stock down from $18 to $13.25, this is a steal.
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Ditto! @ $13 and change it is still a buy but I hope it goes below $13 on Monday so I can add much more. For the next 2 months at least, $BB.TO and $NOK are going to be my favourites.
As the week progresses we might get some idea of how UK is doing sales wise and there will also be some excitement from the phone being available in Canada from Feb 4th.
Smartphone users in India may have to wait till the end of this month for the launch of the new BlackBerry BB.T +0.25%, but it has already managed to create a lot of pre-launch buzz in the country. This was largely because BlackBerry ($BBRY), reached out to a large number of software applications developers in India last year to create a basket of applications tailored to global and local needs. http://on.wsj.com/14UiiFi
BlackBerry has recently announced launches in France, Malaysia, Singapore, Italy, Germany, and India. All of these have either just launched or will launch in the next couple of days. Basically well before the quarter ends… Recent analyst comments regarding shipment figures have been overly bearish, but with $2 Billion-plus short BBRY, those analysts clearly have an agenda to help pull their clients out of this mess. Forbes is their preferred voice, but expect more stories as this group is very adept at manipulating headlines to generate fear. If you believe the above thesis, then this market manipulation represents an opportunity to buy. Your mantra in this trade should be "there is nothing to fear but fear itself." Truth from a great SA Article - http://seekingalpha.co...
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Some Good News For Fearful RIMM Owners (A Remedy) 7 comments
Some Good News For Fearful RIMM Owners (A Remedy).
London Calling On The BB10February 1, 2013 | about: RIMM - Michael Collins - Former Hedge Fund Analyst in London. Disclosure: I am long RIMM.
What does this mean to you?
Well, if a Blackberry with barely any ad support in the UK and no keyboard (?) is flying off the shelf, you need to understand that the un-crossable bridge for Blackberry, selling new phones in the first world, has just been crossed, and it managed this with a keyboard less phone. With the stock down from $18 to $13.25, this is a steal.
Disclosure: I am long RIMM.
Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.
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As the week progresses we might get some idea of how UK is doing sales wise and there will also be some excitement from the phone being available in Canada from Feb 4th.
BB is here to stay! Haters can hate!
http://seekingalpha.co...
This was largely because BlackBerry ($BBRY), reached out to a large number of software applications developers in India last year to create a basket of applications tailored to global and local needs.
http://on.wsj.com/14UiiFi
Recent analyst comments regarding shipment figures have been overly bearish, but with $2 Billion-plus short BBRY, those analysts clearly have an agenda to help pull their clients out of this mess. Forbes is their preferred voice, but expect more stories as this group is very adept at manipulating headlines to generate fear. If you believe the above thesis, then this market manipulation represents an opportunity to buy. Your mantra in this trade should be "there is nothing to fear but fear itself."
Truth from a great SA Article - http://seekingalpha.co...
http://bit.ly/13opdY5
http://bit.ly/Y8OBwt
http://seekingalpha.co...
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$FXC,$FXA,$WRB,$AFG,$SWC,$EXC,$TEVA,$EMC,$DLB,$ADI,$WPRT,$E, $FSYS,$PER,$DVN,$OKE,$WPX,$ETP,$NLY Bought today.
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Multiple Positions Reduced/Removed to keep profit & create CASH @ High of the Market (in the Morning)
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Bought some $BBRY from an awesome SA article-http://seekingalpha.com/a/v03h
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