a few points to consider As I had mentioned in an earlier post PALM bounced back 8 fold off its low and was taken out. The BB10 looks way more promising than PALM PRE was.
Also the smartphone industry now is way more lucrative and growing bigger every year. The market cap of the titans is massive, in the case of apple 8 times what it was 6 years ago. The market caps of Samsung, Apple, Google and Microsoft are well over 1.5 trillion. If Rim BB10 lives up to its promise it can sell about 50 to 60 million of these phones, well beyond the paltry 18 m in the forecast. i am forecasting over one quarter of exisitng BB subscribers will get the new BB10. Then look for Prem Watsa to use his considerable acumen to lever RIM huge to the business elites in India. Even my own personal freinds in Waterloo who abandoned RIM last year are sick of Apple and will try the bb10. Even a few I know who were apple diehards saw the sneak peek of the BB 10 and say they will go fori t because of its coolness and uber security features. Imagine RIM grabbing market share and being the smartphone of choice among career criminals alone , all over the world!!!!!
Yes it has had a big pop off the low, but many people will sell at a double and forget where this stock was 18 months ago or three years ago. This operating system has the POTENTIAL to take RIM back to number one world wide ,yes that right. So sell at a double if u must, I think BB 10 will take a serious run at both Apple and Android and RIM has the potential to be at between 40 and 50 dollars in 2013.
The other buzz is that the operating system has the stuff to be licensed exclusively in medical devices, advanced robotics, and aeronautic and defense applications. EVERY one of these sectors is at 52 week highs, imagine the royalties from licensing to big pharma, big defense and big manufacturing.
Everyone is thinking small and looking at the bounce off the insane low and not looking at how a few points of market cap stolen from the big guys can lead toa multi bagger. Then add the licensing of the operating system and ucan see that this can return RIM to greatness in a single shot. I am long long long and will not be wrong wrong wrong.