From reading all this, I think I must remind you guys of this saying: "Bulls and bears make money, pigs get slaughter".
I was a pig, once...or twice... I'm now just a Sssnail.
Signs of a dieing company:
"The only things that has significantly increased is subscriber base numbers, up to about 75 million, and hardware and tablet sales." - RIMM
Funny what happens when people ignore things like facts. Reduced market share means that as a percentage of new phones sold, RIM is selling less RELATIVE to others. That doesn't mean their sales are dropping. Facts ... stupid facts.
Humor me here, Why in the hell would you pick a company that's struggling when you could easily invest in some other company in the sector with a virtually guaranteed return of 25+% for the next 2-5 years? I'm not even talking about Apple, look at Google, Motorola Mobility, the chipset manufacturers, etc...
I disagree with virtually everything you do, but damn, you may as well light cigars with your $
My return this year:
Snip
It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price.
Anyone watching Yelp? Just found out my company got a big allocation for the IPO today. Up 63% and we get a chunk in our 401k, happy dance!
Congrats! And sorry buddy I was trying to short YELP today, it just seems ridiculously overvalued ($1.43 Billion MCap, 17X trailing revenues).
I've picked lots of companies that were considered to be struggling(by Mr. Market's standard at least) and I've made lots of money from them.Humor me here, Why in the hell would you pick a company that's struggling when you could easily invest in some other company in the sector with a virtually guaranteed return of 25+% for the next 2-5 years? I'm not even talking about Apple, look at Google, Motorola Mobility, the chipset manufacturers, etc...
I disagree with virtually everything you do, but damn, you may as well light cigars with your $
My return this year:
I'm thinking about diversifying a little bit. I don't have anything in the financial sector in my portfolio. Any thoughts on BAC?
I'm thinking about diversifying a little bit. I don't have anything in the financial sector in my portfolio. Any thoughts on BAC?
I'm thinking about diversifying a little bit. I don't have anything in the financial sector in my portfolio. Any thoughts on BAC?
I'm sure there is some way to spin this ....
Future Shop tweeted that the PlayBook as the bestselling tablet this week. Future Shop is kinda the Canadian Best Buy.
I'm sure there is some way to spin this ....
Future Shop tweeted that the PlayBook as the bestselling tablet this week. Future Shop is kinda the Canadian Best Buy.
Simple math, Apple's P/E ratio is 15%, which puts it on instutional buyer's hotlist right now.
More simple math, ...
Consider it spun
There are 146 FutureShop stores, and they're only in Canada, Canada is pretty proud of RIM, and tend to be very supportive of the company, so when RIM essentially pays you to take one of their products, of course they'll sell well.
http://www.futureshop.ca/en-CA/prod...spx?path=e5c014cd204b5a6951e5a162deb0e9b2en02
http://www.intomobile.com/2011/04/20/blackberry-playbook-components-cost-205/
BB is losing $ on the 16GB Playbook on component costs alone, that's not taking into account manufacturing, shipping, software development, etc...
They already took a massive write off on the PlayBook, what 500 million, looks like they're going to take another write off on it...
I bought mine for $189, just on component costs and shipping, they lost about $40 on it.
The only positives are they're getting devices out there, and gaining experience in the QNX OS.
Compare that to Apple making ~31% profit on each iPad sold, add in the accessory sales, app store profits and the "halo" or "gateway effect" from getting an Apple product in consumer's hands and drawing them into the Apple ecosystem.
I went from 0 Apple products to owning a ton of Apple stuff in about 2.5 years and I hated Apple as a company and their products.
Allright, you are hyping product demand growth through expanding markets. This is certainly logical. It just seems to me like it has been played out.
Apple is trading at 5.5 times Book Value. Obviously that does not mean anything but it shows me the premium pricing. I do not like paying premium prices and tend to lose interest in a company at anything greater than 2.5 times Book Value.
Apple does not pay dividends. What use is there to own the stock? Merely for pyramid-like growth as the masses mindlessly follow the enthusiastic and fashionable trend to purchase anything Apple. I have always closed my mind to such fashionable trends.
You are lucky to be riding this to the top. You made a good play. I plan to sit tight with what I have.