RIM Thanks for all the good posts today and so many
that I couln't go through them thoroughly.
About Analysts and other "Experts", we have to remember they are being paid
to mislead us.
You are not paying them, so don't expect them to tell you the truth.
We were told a while back that the Federal Agency, ICE was considering to ditch the BBphones,
now they are going to use them after testing. Ever wonder why a Big Immigration Agency wants
to tell the world about their phone - problems? . Now we hear about Ireland and Watup 's plans.
Who cares ?
We have to remember also that RIM the Company is still foundamentally strong,
but its stock on the stock exchange was beaten down by the Big Players with their Analysts
and Media to create a buying opportunity for their portfolios.
For example RIM will be no more in the Nasdaq 100, but that will not affect the Company's foundamentals.
However it might affect some Mutual Funds (very tiny amount) that use the Nasdaq 100 in some of their funds.
Remember RIM will still be trading on the Nasdaq and if some Funds want to stupidly switch out, its their
loss.
Most of RIM shares are own by Institutional Investors and lots of Mutual Funds own RIM shares
in different funds other than Nasdaq (check out Ownership).
RIM was kicked out from the Nasdaq because their market capital valuation became smaller
after being beaten down, but they are going back up and will be repositioned back soon.
Q3 does not really matter, but the if they do not meet Analysts' expectations (garbage),
the Big Boys can beat up the stock again.
I strongly beleive RIM will beat on all fronts and RIM will ensure you have a nice Xmas.
Good luck !