Discussion in 'Stocks' started by iceman1, Nov 27, 2006.

RIMM is an accident waiting to happen!

  1. a' coup sur - OUI!

    4 vote(s)
  2. pas question! NON!

    3 vote(s)
  3. backing truck up if it breaks 130

    3 vote(s)
  4. looking to short soon

    21 vote(s)
  1. Ouch!! You still holding on to that animal??
    #51     Dec 20, 2006
  2. No. I got spanked, and instead of covering, let my option expire.

    I admit it.
    #52     Dec 20, 2006
  3. Sorry to hear that.

    Don't really follow GS, so don't know what has caused the recent run-up. But given RIMM's p/e compared to Nokia and Palm, I just don't see how this stock can continue to rise based on any fundamental criteria.

    Hand held devices are seeing more competition and what happened last quarter was an isolated instance. Sure they have a good product, but is it that much better than the others and does it warrant this type of valuation? Similar speculation was running rampant with PLAY right before APPL cut their relationship and the stock took a nose dive. Just like PLAY, RIMM needs a more diverse product line to justify all the hype.
    #53     Dec 20, 2006
  4. S2007S


    anyone want to guess where RIMM trades AH?

    back to 140+ or back down to 125???

    I think RIMM trades lower after its earnings update.
    #54     Dec 20, 2006
  5. Mvic


    That's why selling the ATM Put Calls is a good play here with OTM buys, actually a 14% move is priced in now. A lot of hot air will come out of them after earnings.
    #55     Dec 20, 2006
  6. Based on its current valuation, everyone expects this quarter's earnings and forward guidance to be spectacular, so at best you are looking at a non-event if they meet expectations. Only way you would see it sky rocket a-la last quarter would be to have blow out earnings AND a strong forecast for their new Pearl.

    They may have one up on PALM in the short run because of all the delays related to their Treo product, but any void that PALM's delay has caused in the market for these devices has been replaced by the likes of Samsung and Nokia.
    #56     Dec 20, 2006
  7. according to sec.gov Tremblant Capital has 500 million in RIMM

    RESEARCH IN MOTION LTD COM 760975102 354,428 3,452,785 SH Sole None 3,452,785 0 0
    RESEARCH IN MOTION LTD COM 760975102 139,768 1,361,600 CALL Sole None 1,361,600 0 0
    #57     Dec 20, 2006