Friday, 16 September 2011

Research in Motion

Hey guys!
Was reading the financial press today and found out that Research in Motion, the maker of Blackberry (NASDAQ:RIMM, TSE:RIM) is down 20% overnight on horrendous quarterly report figures.

See the article here!
http://www.bnet.com/blog/technology-business/rim-earnings-sales-margins-income-8212-you-name-it-it-fell/12874

This is just an inkling, as I honestly don't have that much experience in trading stocks or technology stocks or even blackberries, but... I think this is oversold and will bounce back up tomorrow at market open! We shall see...
Posted by Jessica Thompson

29 comments:

  1. A.September 16, 2011

    Let's see then :)

    ReplyDelete
  2. OutcastSeptember 16, 2011

    Surprised to see they've done this badly. I own a Blackberry and love it. Suppose they maybe haven't been balancing their books correctly though so who knows to be honest. Thanks for sharing anyways buddy.

    ReplyDelete
  3. Dave KingSeptember 16, 2011

    Ouch! How did that happen, I wonder?

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  4. fatbloodyfingerSeptember 16, 2011

    Yikes. Though, it probably will adjust itself.

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  5. SlydeSeptember 16, 2011

    i read a report last week that basically said that blackberry was done. Their nail is in the coffin and its only a matter of time before they slowly wind down production.

    i'd say thats still a longish way out, but i think they HAVE lost the mobile phone war...

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  6. Max PowerSeptember 16, 2011

    RIMM is done, Apple is cleaning their clocks like they did Motorola, Nokia and so on...

    ReplyDelete
  7. ChiChi81September 16, 2011

    That's a shocker, but then again, from the buying preferences of people, not a lot opt for a BB anymore, and I guess that, in reference to stock market prices, is a major factor why their stock prices plummeted.

    Thanks for stopping by and for following my blog. Followed you as well.

    Cheers,

    Wi
    A Single Girl's Musings

    ReplyDelete
  8. fabio_2007September 16, 2011

    I hope they will recover soon.

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  9. GizmoSeptember 16, 2011

    And why did they drop so much? You should put that in post :P

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  10. Film Geek BastardSeptember 16, 2011

    Damn. The markets are so unstable these days.

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  11. JohnSeptember 16, 2011

    goodbye blacberry

    ReplyDelete
  12. AnonymousSeptember 16, 2011

    Many people will kill themselves. :D

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  13. animestanSeptember 16, 2011

    RIM has been down pretty much for the past few quarters now.

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  14. Heaven.September 16, 2011

    Crazy.

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  15. DylanthulhuSeptember 16, 2011

    I wish this would happen to Apple.

    ReplyDelete
  16. AnonymousSeptember 16, 2011

    Poor poor Blackberry

    ReplyDelete
  17. Enigmatic VaporSeptember 16, 2011

    Interesting read!

    ReplyDelete
  18. AlphaSeptember 16, 2011

    I think they'll be back.

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  19. MochileiroSeptember 16, 2011

    I wanted to play with stocks, but the market is not doing well.

    ReplyDelete
  20. tracirzSeptember 16, 2011

    wow stocks are interesting

    ReplyDelete
  21. heddinSeptember 16, 2011

    Eh, herd mentality, it'll probably keep going down, though I hope it doesn't!

    ReplyDelete
  22. Missed PeriodsSeptember 16, 2011

    I know nothing about stocks. It's like a foreign language to me.

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  23. Jazz bazookaSeptember 17, 2011

    well... 20 is a lot in my book.

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  24. Movies on my MindSeptember 17, 2011

    Capitalism sucks!

    ReplyDelete
  25. Pinecone StewSeptember 17, 2011

    Have a SUPER weekend !

    ReplyDelete
  26. Elliot MacLeod-MichaelSeptember 17, 2011

    I'd be surprised if it stays down myself.

    ReplyDelete
  27. GATARIZZLESeptember 17, 2011

    That is just ridiculous, hope it doesn't lower even more.

    Check me out btw, blog about games :p
    http://thegamefortress.blogspot.com/

    ReplyDelete
  28. E agora para algo con pateta mente diferencialSeptember 18, 2011

    okidokey blog de campus Jess thump son

    Alpha Beta Elliot MacLeod-Michael hifen people said...

    I'd be surprised if it stays down myself.
    September 17, 2011

    ReplyDelete
  29. LemurSeptember 19, 2011

    interestin'

    ReplyDelete

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