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
- Do You Believe In Chinese Miracles? GDP, Industrial Production Beat; Retail Sales Miss | ZeroHedge
- Frontrunning: October 21 | ZeroHedge
- Let This Be a Lesson to You | iBankCoin.com
- Fly Buy: $ANET | iBankCoin.com
- All Of The Oil Losses Shall Be Regained | iBankCoin.com
- China CCTV News Previews The 4th Plenary Session Of The Communist Party In Infographic | ZeroHedge
- The Life of a Rail Man Isn’t For Everyone | iBankCoin.com
The most relevant financial news and articles from the Internets
- Ben Bernanke Gave A Private Speech To High-Powered Investors In Tokyo, Here's What He... | Business Insider
- Financial Planners Want More Regulation In The Financial Planning Industry | Business Insider
- The Ridiculous Reason The Kansas City Royals Have A Huge Advantage In The... | Business Insider
- 10 Things You Need To Know Before The Opening Bell | Business Insider
- Here's Why Your iPhone Photos Sometimes Appear Upside... | Business Insider
- China Is Slowing | Business Insider
- Syria Kurds weather IS assault and await reinforcements | Business Insider