Real Question is....not where the bottom is, that's easy. Somewhere between $1.65 and the breakup value of the company that has little debt, cash in the bank and a wide ranging patent portfolio.
Clueless knows this too, but his Hate-on against all things Wi-Lan prevents him from ever having a positive thought about the future of the company. In his own words, he's a bitter short.
The real question is just how high the stock can climb to now? I mean, when the Tech bubble hit us, we peaked at around $90 a share for a float of only about 21 Million shares, so that translates into an equivalent price of about $44 a share with today's float to get the same market cap.
Granted, that was the bubble, but look at RIM! If the company can win a few major contracts and make a license deal with Cisco, I can see $25 happening real fast.
Since all investing is about reward/risk ratio, if you have any tolerance for risk at all, you need to buy some WIN shares now.
Ain't that so Yrless!