compuease;346022 wroteNot emotional or defensive at all.. No room for that when you are investing... I'm also not going to say "I told you so" after I double my money... If I sold now I would have made 50% in a very short time.. where else can you do that?
ok asshole...? ;)
I do have to agree....nothing wrong with defending an idea or investment and thus far you have been more than right.
The main thing I hate about RIM is it (as well as most tech products) has become soooo media driven. And not just the stock, but the product. 'If' there is some sort of glitch, shortcoming, or 'insert whatever past RIM screw up during launch' comes to mind the media will tear it apart. Or if it doesn't sell 'x' number of units in the first week the media will go on the usual attack and destroy mission. And regardless of whether it is a business tool or not, it is still on some level consumer oriented...as it is the individual who uses it...function or not...wants to use the in style product. That is where in my opinion RIM differs from your comparison to IBM...which fits completely into the tool realm and the best product wins just about every time.
The current 'hype' is what has driven the stock price. The media has decided to temporarily no longer make RIM it's whipping boy as they've finally figured out APPL isn't the second coming of Christ and that you can only put out mini's and stupid tweeks while withholding upgrades so long before the public and zombies catch on.
I think right now RIM falls into the old the saying...buy on rumour...sell on news. While I obviously wouldn't short it....I seriously think barring a huge market rally where everything goes through the roof, RIM will be lower a month after 'the day before' the BB10 launch.