Research in Motion to be Thinner (RIMM)
Billy Halleck had an easier time surviving in the movie "Thinner" than Research in Motion (RIMM) will have becoming (as their CEO said) a "lean, mean, hunting machine." Sure they will.
Research in Motion's new CEO Thorsten Heins gave his inspirational speech to the world proclaiming that upcoming BlackBerry devices would transform his dying company into a "lean, mean, hunting machine."
Mastery doesn't buy the 4th down Hail Mary play by RIM management, who does? Anyone? Bueller?
Research In Motion (RIMM) is trading at $7.42 and its shares are 3.77% from its 52-week low. Bottom feeders love that RIM shares haven't been this low since 2003 but who really cares? No outside buyers do, they have all passed at a chance to buy the company. Trying to catch a bounce in RIM shares is a risky bet. The Blackberry will soon be a distant memory like the Palm Pilot.
Bottom line: RIM will starve to death becoming a "lean... machine", so will investors.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Futures Soar 40 Points In Hours On Hopes Of Futher Economic Weakness | ZeroHedge
- Watch Out for the Adam’s Apple in Thailand and You’ll Be Fine | iBankCoin.com
- IEX Records Its Highest Volume Day Yet | ZeroHedge
- Five Stocks Going to Work Today | iBankCoin.com
- Reports Are Not Yet Confirming Slowdown Was All Weather Related | Financial Sense
- Moldova's Transnistria Region "Approves" Appeal To Russia For Independence | ZeroHedge
- So, It Seems Like That Andreesen Dude Might Actually Know What He's Talking About, But I'll Still Spill His Secrets | ZeroHedge
The most relevant financial news and articles from the Internets
- After-... | StreetInsider.com
- How Google Totally Botched The Release Of The Most Exciting Consumer Tech Product Since The... | Business Insider
- 25 Ways to Make LinkedIn Work for You | BusinessWeek
- Samsung Decided To Start Attacking Apple After Steve Jobs Died (AAPL, GOOG) | Business Insider
- Cost-Per-Click On Google Ads Falls 9% Year-Over-... | Business Insider
- 22 Astounding Facts About Alibaba, The Giant Chinese E-Commerce Company Yahoo Depends Upon | Business Insider
- The 10 Worst Jobs Of 2014 | Business Insider