Thursday, September 16, 2010

RIM is a Dead Stock

Interesting, I stumbled upon this video that is harping the same things I am telling you about Research in Motion (RIMM).
1. It is losing market share!
2. RIM doesn't listen to what consumers want
3. Competition is way ahead of RIM and is too powerful at this point.

I recommend buying longer term put options because of the lack of competitive edge, as well as the 3 reasons above.

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