I have no idea how the blackberry playbook will do. The name does not sound professional at all. Note that the blackberry is aimed at business professionals…
The device has FLASH support, but most business users don’t need it. Is blackberry trying to target the mass market?
It fails miserably when compared with the samsung galaxy or the iPAD. That’s just my small opinion. Worth a thought though.
I find RIMM long play the riskiest bet any fund would take. While the upside might be about 50%, the downside is PALM’s miserable $1 price. Perhaps a buy out when it reaches that price.
RIMM is a dangerous play for all those bag holders. The company may disappear after 2 to 5 years if blackberry fails to impress us.
Note that Investment banks have recently launched pilot programs to use the iPHONE instead of Blackberry. This is because of the easier app interface that the IBs want to take advantage of. I think Blackberry is doom.. So take care with those investments.
A good play here would be to purchase some $40 PUT options Jan 2012 expiry. That’s to bet that blackberry would disappear from the face of the earth. (That’s as risky as buying RIMM, but it’s worth the risk if u own the stock. Protect your downside at all cost. This stock is crazy dangerous).
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Dragon, can we approach the 11,500 mark? I out @ LVS (short) at 35.83 from 37.30. It's is time to short this again? Please give me an idea, a clear idea. What do you think about BAC @12.80?
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