Some Good News For Fearful RIMM Owners (A Remedy)

Feb. 01, 2013 11:54 AM ETBB9 Comments
SKS1586 profile picture
SKS1586's Blog
35 Followers
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Contributor Since 2012

Long Term (VALUE) Investor but use Trading to increase profit to recoup loses, created in past. Obedient follower of Ben Graham & Warren Buffett 's wisdom explained better by LEGENDARY Joel Greenblatt in his book (The Little Book that Beats the Market). Joel Greenblatt provides the stocks (using Ben Graham & Warren Buffett 's wisdom) by a Formula, known as Magic Formula Investing (MFI) Screen - http://www.magicformulainvesting.com/. Seeking Alpha has an awesome resource MagicDiligence.com (a website dedicated to researching and recommending only the best stocks in Joel Greenblatt's Magic Formula Investing (MFI) screen). Disclosure: I have no financial relationship with MagicDiligence.com

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.

Disclosure: I am long RIMM.

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.