GREY:BIXZF - Post by User
Post by
juanito1on Jan 14, 2013 11:25am
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Post# 20834636
When Change Happens
When Change Happens Here are a few observations when the tide turns on Companys. Back in the fall, everybody and their brothers had given up on Canadas old faithful..RIM. BB10 was six months away and rumours of it being a flop like the Playbook was built into the share price. Tax loss selling was being done and as Tony the Tiger says....exit stage rrrrrright.
The guys on CNBC and Cramer and others just gave RIM no chance...and the news that the iphone was crushing RIM in NA was all over. Then it happened...they reported their earnings with a net 2Million subscribers globally...what a surprise....everyone was so caught up in NA...they forgot RIM was global. Six month later on the verge of BB10 being released...the stock has doubled.
Moral....at the height of when people sell for the wrong reasons (tax loss) or (losing patience) or (not doing DD) or (not realizing the change that is taking place in a company). This is the exact time to own the stock. You need to look over those valleys to see the hills. BXI is nothing different than RIM. The same emotions, the same pit fall, the same promises, and soon to be the same result in their comeback...
Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?s=RGX&t=LIST&m=32018688&l=0&pd=1&r=0#2tcJpHw4g0MHw6Lb.99