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Research In Motion (RIMM +2.1%) outperforms as Bloomberg reports the company is leaning towards...

Research In Motion (RIMM +2.1%) outperforms as Bloomberg reports the company is leaning towards picking JPMorgan as its strategic adviser, and could make a final decision in days. RIM's unwillingness to consider a sale as part of its strategic review, along with doubts about its ability to license BlackBerry 10 to leading OEMs, has limited investor enthusiasm.
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Comments (4)
  • peacemaker2012
    , contributor
    Comments (22) | Send Message
     
    uneducated investors is the problem - if they could but understand where the value is in RIMM they would invest in it. Even Thorsen has not completely figured it out or why would he be looking at the financial markets through others eyes - RIMMs eyes is what needs to be understood
    19 Apr 2012, 03:41 PM Reply Like
  • porsche997
    , contributor
    Comments (41) | Send Message
     
    RIMM will double within 90 days.
    19 Apr 2012, 08:01 PM Reply Like
  • Money Pit
    , contributor
    Comments (47) | Send Message
     
    This is great news for RIM. No buyer. Stay Canadian. Come back on your own. Rule the mobile market ... again! Love it! RIM is a great Canadian company. Let's hope they never have to sell out to an American company. Let's stay great!
    19 Apr 2012, 10:33 PM Reply Like
  • wolfen
    , contributor
    Comments (7) | Send Message
     
    I agree, the value is there on so many levels, book value, earnings (even though decellerating), a new soon to be released platform and lastly, managements final realization that they can no longer rest on their laurels and they are beginning to act upon it. This is the inflection point.
    19 Apr 2012, 10:42 PM Reply Like
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