Luxxxe Affaire

Rim

bananasplit

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Was thinking of dumpin a heafty amount of $$$$$ in RIM, well thought of it when it was $10, it's $14 now but whatevs. Short trades are
jacking it up a bit. Reading reviews it outperforms galaxy/I4 in many category. There fee structure is a little weak for BB10 so they'll need to sell
phones to get a jump in share price. But all in all it looks like a well built phone, but do you think the rageing masses will like it?

looks like it'll be a $50/share by 2014 imo, ripe for a takeover, any imput on why or why not you would buy it? Educated opinions please, thx.
 

connor666

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Apr 17, 2008
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You had my hopes up. I thought this thread with the thumbs up was talking about getting the ole asshole eaten out.

But instead you're talking about a company stinkier than a fat chick's taint after a cheese eating contest.
 

vancity_cowboy

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Jan 27, 2008
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You had my hopes up. I thought this thread with the thumbs up was talking about getting the ole asshole eaten out.

But instead you're talking about a company stinkier than a fat chick's taint after a cheese eating contest.
dang, you've got a way with words connor... lol
 
I recently bought shares of RIM prior to the recent jump and plan to hold onto it to see what it can do. Around the $25 mark I think id sell it in a heartbeat though.

As far as the company itself goes, I think they have a place in the smart phone world, just not as big as they are thinking.

I dumped massive $$$ into Uranium One back when it was worth >$2/share and made a handsome fortune on it from the foreseeable buy out from the russians. Dont think a buyout will happen for RIM anytime soon though
 

vancity_cowboy

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Jan 27, 2008
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Was thinking of dumpin a heafty amount of $$$$$ in RIM, well thought of it when it was $10, it's $14 now but whatevs. Short trades are
jacking it up a bit. Reading reviews it outperforms galaxy/I4 in many category. There fee structure is a little weak for BB10 so they'll need to sell
phones to get a jump in share price. But all in all it looks like a well built phone, but do you think the rageing masses will like it?

looks like it'll be a $50/share by 2014 imo, ripe for a takeover, any imput on why or why not you would buy it? Educated opinions please, thx.
every so often a canadian company's shares do way better than they should. this is usually because the shares are held by the huge pension funds - teachers and nurses and government employees. when that becomes the case the company can technically be bankrupt, but the fund managers can manipulate the market for those companies' stocks in such a way that they can actually go up when in a normal market they would be delisted

a good example of this was Nortel (anybody remember them?). Nortel went from nothing to many dollars, then split and went to many dollars again. but the whole time nobody could really figure out what the fuck it was that nortel actually made. this was because they made nothing that had any economic use. but the big pension funds manipulated its share price and made a winner out of it - for almost 20 fucking years! finally the tech crash finished it

well RIM is one of those canadian stocks that the big pension funds are totally into, and they will keep manipulating it up as long as they can. but some day economic reality is going to set in and it will come crashing down

in the meantime, you can make good money on it. but you better be watching it 24 hours per day, because when it crashes it will be SPECTACTULAR (!!!!!). just like Nortel was

in the words of Dirty Harry, 'do you feel lucky, kid?'
 

badbadboy

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Nov 2, 2006
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Was thinking of dumpin a heafty amount of $$$$$ in RIM, well thought of it when it was $10, it's $14 now but whatevs. Short trades are
jacking it up a bit. Reading reviews it outperforms galaxy/I4 in many category. There fee structure is a little weak for BB10 so they'll need to sell
phones to get a jump in share price. But all in all it looks like a well built phone, but do you think the rageing masses will like it?

looks like it'll be a $50/share by 2014 imo, ripe for a takeover, any imput on why or why not you would buy it? Educated opinions please, thx.
Considering they are late to market with a competing OS to Android, iPhone and Nokia has hooked up with Microsoft OS; I'd say this ship has already sailed.

Too bad, I would like to see BB do well but $50/ share is pretty aggressive IMHO. I am not sure who would want them really? The others have already surpassed them technology wise and their only trump card is still the BB IM system that is secure. Although the Saudi's made them put servers in Saudi. Otherwise they still are a tool that many companies still depend upon.

Interesting Forbes view on mobile phone sales going forward in 2013

http://www.forbes.com/sites/benedictevans/2013/01/12/apples-market-share-might-be-too-high-not-too-low/
 

bananasplit

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WATERLOO, ONTARIO--(Marketwire - Jan. 16, 2013) - Research In Motion (RIM) (NASDAQ:RIMM)(TSX:RIM) today announced that its Secure Element Manager (SEM) solution for NFC (Near Field Communication) mobile payments has been approved by Visa. RIM's SEM is the backend solution for carriers that can securely manage credentials on SIM (subscriber identity module) cards installed in all types of NFC-capable mobile devices.

"The approval from Visa of RIM's SEM solution is an important step in that it will enable carriers to support Visa issuing banks and financial institutions," said Frank Maduri, Senior Director, NFC Services and TSM Product Management at RIM. "We now offer carriers a robust solution with around-the-clock global support that works on any NFC-capable device, and meets the stringent technology and usability guidelines for Visa."

"RIM's success in gaining Visa's formal approval as secure element manager is a crucial step in expanding RIM's role as a key security partner for mobile payment solutions around the globe," said Andy Castonguay, Principal Analyst, at Informa Telecoms & Media. "RIM's secure network operations center provides a unique combination of global geographic reach, and has established trusted relationships with hundreds of carriers around the world with an unparalleled reputation for security, which sets RIM apart as an SEM partner in the growing mobile payments space."

Today's announcement from RIM builds on the recent deployment of mobile payments in Canada by EnStream, a joint venture of Bell, Rogers and TELUS, which uses RIM's SEM solution.
 

vancity_cowboy

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WATERLOO, ONTARIO--(Marketwire - Jan. 16, 2013) - Research In Motion (RIM) (NASDAQ:RIMM)(TSX:RIM) today announced that its Secure Element Manager (SEM) solution for NFC (Near Field Communication) mobile payments has been approved by Visa. RIM's SEM is the backend solution for carriers that can securely manage credentials on SIM (subscriber identity module) cards installed in all types of NFC-capable mobile devices.

"The approval from Visa of RIM's SEM solution is an important step in that it will enable carriers to support Visa issuing banks and financial institutions," said Frank Maduri, Senior Director, NFC Services and TSM Product Management at RIM. "We now offer carriers a robust solution with around-the-clock global support that works on any NFC-capable device, and meets the stringent technology and usability guidelines for Visa."

"RIM's success in gaining Visa's formal approval as secure element manager is a crucial step in expanding RIM's role as a key security partner for mobile payment solutions around the globe," said Andy Castonguay, Principal Analyst, at Informa Telecoms & Media. "RIM's secure network operations center provides a unique combination of global geographic reach, and has established trusted relationships with hundreds of carriers around the world with an unparalleled reputation for security, which sets RIM apart as an SEM partner in the growing mobile payments space."

Today's announcement from RIM builds on the recent deployment of mobile payments in Canada by EnStream, a joint venture of Bell, Rogers and TELUS, which uses RIM's SEM solution.
fair enough, but that still makes them a one-trick pony, but at least they've got a trick

on the other hand, now that they've broken the ice, how long will it be before competitors design their own slightly different secure networks and get approval for mobile payments?

for example, microsoft has proven itself to be a rapacious technology pirate in the past, and is rich enough to sit back and say, 'oh yeah? so sue me...'
 

badbadboy

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Nov 2, 2006
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Just checked out their BB 10 OS on youtube and it looks very user friendly and functional. Not sure if its enough to bail them out of the hole they dug themselves but their browser is a hell of a lot better than the OS 6 on iPhone 5 and equal or better on the Android. I am fuzzy on those Android details since I did not have the latest and greatest Android before getting an iPhone 5.

 

wilde

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Jun 4, 2003
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Market saturation is nigh...
 
Mar 10, 2011
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SECURITY
and RIM gives you that , that alone will carry them along way.
I,m actually amazed someone else has not come up with a good secure encripted phone.
 

Big Dog Striker

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It would be nice to see someone kill the short like what Microsoft did to Barnes & Noble and Disney to Netflix. Disney was the white knight to Netflix. :nod:

RIM still looks attractive to takeovers. Both Amazon and Microsoft had a big crush on it a few years ago. RIM still has cash on its balance sheet ( it was a billion ) a few years ago but consistently dwindles. Might be half by now. Apple's cash is 200x.

Personally, I hope a white knight gulps RIM. :)
 

Sonny

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Sep 12, 2004
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Months ago I told friends that Apple is close to a serious cliff.

Market share is shrinking.

Forget MACs and notebooks... no money in them.

Tablet, schmaalllet! So many to choose, and better than Apple.
Getting cheaper makes squeezing a decent margin a challenging.

Apple is an IPhone company, and the Androids, and even the Windows, phones are eating, eating, eating.

Only the apps are holding them up right now, and software developers are so, so fickle. They'll hedge and put their apps on anything that moves.

Most of you may not remember when the personal computer market was IBM. Where's IBM today?
Doing what they do best... the big stuff.... serving the big players. At least they were not a one trick pony, or they would be dead.
 

bananasplit

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got an upgrade today, from (hold) to (buy), estimate now is $19.50/share,
I think it's going to be a good long ride, just the way we like it!!!!
 
L

Larry Storch

My brain is so warped from being in this industry that I can't read the thread title without automatically assuming it's about someone sticking their tongue up someone else's ass.

Sorry :p
I with you.
We should compare notes sometime. :p
 
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