RE: Jim Cramer " RIM better long" From Yahoo board and some good comments.
https://finance.yahoo.com/mbview/threadview/?&bn=412aaa3b-b658-3dae-a5d5-d60f6e0d6a41&tid=1348944288170-59c67b15-e276-4bc3-8b21-dbf5ff98aa94&tls=la%2Cd%2C1
What Cramer said
"Research In Motion, on the other hand, may not have the BlackBerry 10 in hand, butit sure has the cash on hand, and I am convinced after last night's quarterly report that this stock has become a better LONG than a SHORT. Now that the bleeding has stopped, Research In Motion might catch a bid for just its intellectual property, including a great keyboard and its 80-million-strong subscriber list alone. I would not normally recommend any stock on a takeover basis, but I think many bidders are hoping Research In Motion goes the way of Kodak or Nortel and could be bought on the cheap. This quarter put that scenario to rest; therefore, it put the SHORT story to rest, too."
Well all those assumptions of RIM burning cash and losing market shares were proven false
by RIM 's Q2 financial reports.
Now the Hedge Fund TV Station CNBC has turned in favour of RIM, so look how they will
pump RIM to $700 in the next 5 years.