A Case for Shorting Research In Motion

• Report this Comment On September 28, 2009, at 11:16 AM, tiobueno wrote:

  And Statsgeek player too shorted RIMM...

• Report this Comment On September 28, 2009, at 11:37 AM, plange01 wrote:

  its a little late to be short rimm.now is the time to buy! of the 2 aapl is a far better choice to short

• Report this Comment On September 28, 2009, at 1:16 PM, InfoThatHelp wrote:

  When I was working at Research In Motion I got treated like dirt even though I developed and delivered and majority of Rim's solutions in our development team. The reason was a common one, the very few people who were capable and delivered had to go so that the vast majority of deadwood could stay employed. I was one of the people who were capable and delivered.

  Good programmers made Microsoft rich and in turn Microsoft made these good programmers rich. Rim's riches come from rolling out models after models of junky quality during times when Rim was the only game in town, Rim is a hardware company. Look at how Rim tries to combat the iPhone, Rim rolls out the Storm, Bold, Pearl, Flip, Curve, Tour, trying to slow down the iPhone, Rim even gives away these hardware in the Buy 1 Get 1 Free blackberry deals to lure business, but it is clear to us now that Rim's hardware just simply cannot compete with Apple, and Rim is a hardware oriented company. 100000 developers deliver more than 75000 apps and counting versus less than 2000 apps for Rim. This is reminiscent to the days when the developers delivered thousands of apps for the Microsoft DOS and Windows as only a handful of apps were delivered for the CPM operating system.

  Newer and more powerful apps for the iPhone OS will quickly obsolete the blackberrys, and make Rim disappear from the smartphone market, in fact, very quickly, probably no later than year 2013.

• Report this Comment On September 28, 2009, at 4:24 PM, swlaaggie wrote:

  Yea, I read all of these negative comments last time RIMM dropped from 80+ to the low 60's. RIMMS world was coming to an end. Everything from their OS was not keeping up to a lack of quality.

  Given that RIMM is primarily a business phone, would you really expect a ton of energy put into game apps? Also, YOY subscribers were still up. ASPs were lower than expected primarily driven by a quirk in the product roll out cycle.

  Nope. I agree with the person above who said you missed the opportunity to short RIMM. I expect RIMM to drop to the low 60's again and then recover to 80+ again by their next report. We'll see.

• Report this Comment On September 28, 2009, at 4:53 PM, hhpn wrote:

  you gotta realize that every single Analyst on the Walls knows that damn RIMM usually estimates their profit much lower than they could (so they can easily meet and beat next quater huh, stupid RIMM, isn't it) they (analyst) never question on RIMM under estimated but this quarter. why? it is easy to understand cause RIMM has gone up to quick and too far purposely, so this is time for them to knock that RIMM down to make profit and to look for chance to acquire RIMM back with a much lower price. i personally cant guess how low it can go given the current condition of market and economy, if GDP and consummer report come out good tues and wed, i think Rimm will make its way back to be on the headline for good.

• Report this Comment On September 28, 2009, at 5:31 PM, stonebusted wrote:

  I agree that Rimm's Blackberry is more slanted to the business consumer. With that in mind, where I don't see Rimm overtaking Apple I believe ther is still plenty of upside for both or all three if you count Palm.

  The Bears are siezing every opportunity to sell, the music stopped for a moment and Rimm didn't have a chair.

  Looks good at this level. I'm buying a pretty good chunk while its cheap. I hate the term but I think its buy, buy,buy!!!!

• Report this Comment On September 28, 2009, at 11:12 PM, InfoThatHelp wrote:

  Look closer now and you will see ten times more business applets popping up for iPhone only. I foresee a hundred, a thousand times more iPhone-only business applets developed inhouse or by 3rd party developers mushrooming in 2010 written entirely for enterprise SOA services. These applets will establish iPhone as the sole business view layer accessing the controllers in all the enterprise servers. This scenario is playing out exactly the way IBM PC and Microsoft DOS and Windows beated out CPM in the 1980s.

  After the iPhone becomes the standard for JSP views, new powerful business applications built on the MVC framework running on Macs and iPhones will challenge and dominate the enterprise software markets offering the most modern and useful resources and APIs. Apple will become the platform o choice for IT too then.

  Rim has nether the vision nor the capability of Apple. The sweeping aside of blackberrys from being a primtive enterprise mobile device is merely a very small step for Apple's strategy of becoming the dominant international business and personal solutions and platform. I believe in Apple succeeding, and Rim's pending demise for being in Apple's way.

• Report this Comment On September 28, 2009, at 11:20 PM, topsecret09 wrote:

  Do not like RIMM at all . Any close below $65.50 would be very troublesome looking at my charts. Very likely to do just that. TS

• Report this Comment On September 28, 2009, at 11:25 PM, topsecret09 wrote:

  The biggest overreaction today was In XEROX. This Is a good fit for them. I would rather buy 700 shares of XEROX than 100 shares of RIMM

• Report this Comment On September 28, 2009, at 11:49 PM, ab8130 wrote:

  The good strategy is to own both Apple and RIMM. There's room enough for both and they do cater to different consumer markets. This play of one against the other doesn't make any sense.

• Report this Comment On October 01, 2009, at 1:54 AM, InfoThatHelp wrote:

  Don't throw anymore money into the fire pit on Rim. Try to recover as much cash as you can, put the money in the bank or a much better place, and don't even look back at Rim.

• Report this Comment On February 05, 2010, at 9:17 AM, alabama4606 wrote:

  jamespeer was right, the stock did recover fully from that sell off by Q4, great insight!

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