PharmBoy

Research In Motion: A Smart Call, Long Term

RIMM is a screaming buy here. When a premium product at the store goes on sale, do you turn your noses up at the marked-down price? On the contrary. Most rational people would back up the shopping cart. If your investing horizon is limited to the short-term, RIMM is quite possibly not the best smartphone candidate out there (hats off to AAPL on that one), but if you think that this arena has huge potential and are willing to look out several years, one will be able to look back and see what an opportunity it was to establish a partial position in this stock. Buy yourself some deep, long-dated ITM puts in case the thesis doesn't pan out. But to think that RIMM won't be higher by at least two dozen points 12-24 months out from now, that would be flat out boinkers.