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Via: theglobeandmail.com "The rebound in the share price of Research In Motion Ltd. on Wednesday ... Smartphone News forum

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    hayden's Avatar
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    RIM shares rebound, buy on a blackout?

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    Via: theglobeandmail.com
    "The rebound in the share price of Research In Motion Ltd. on Wednesday must have some investors wondering if there is a BlackBerry blackout effect that can be made into a profitable trade."

    "As anyone with a BlackBerry knows by now, the wireless devices couldn’t deliver or receive emails on Monday afternoon – frustrating users and panicking shareholders. Predictably, or so it seemed, RIM’s share price fell 3.2 per cent on Tuesday, the first day of trading following the blackout; they are currently rebounding by 2.3 per cent in late morning trading. Call us simplistic, but should investors buy on a blackout?"

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    ikasen's Avatar
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    Re: RIM shares rebound, buy on a blackout?

    Call us simplistic, but should investors buy on a blackout?


    Ok, you're simplistic! Investors shouldn't buy or sell based on something like a blackout.
    Good try.

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    Re: RIM shares rebound, buy on a blackout?

    I agree with the article it's possibly a good time to buy after a blackout in the case of RIM, not in general though.

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    Re: RIM shares rebound, buy on a blackout?

    In the past if your BB service went out it meant:

    a) terrorists finally hit Canada

    or

    b) the second coming was closing in and those four horsemen in the street were not policemen playing dress up.


    It will take investors a while to adjust to these outages being a part of life (how sad is that to say?).

  5. #5
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    Re: RIM shares rebound, buy on a blackout?

    nice
    -------
    theyll be up soon
    Last edited by mattman_4444; 02-14-2008 at 05:24 PM. Reason: Automerged.

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    Re: RIM shares rebound, buy on a blackout?

    I bought some stock on tuesday's openning.

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