Thursday, September 25, 2008

Like We didnt see this coming... RIMM disappoints, Wall St panics

Well, the proof is out there that RIMM is losing market share to iPhone, but they are now investing on expanding with the flip-pearl. i am not sure how this will turn out, it seems that the trend is toward ʻsliderʻ phones instead with huge screens. but still, at least they were smart enough to create a pearl for a specific segment. So, they are doing something about losing ground to Apple

Wall Street is in panic mode... RIMM missed by a penny!!! and at the time of this post, is down almost 20% in aftermarket trading. A nice contrarian move may be in place here. cheap calls are now to be found. and any good news coming in a few days can make those calls go green, tho not necessarily in the money. so, a slight gap up is likely after an initial sell-off in the morning. My guesstimate is about no longer than 1/2 hour into tomorrows session that RIMM will build a floor and buyers come back in (barring any bad news).

But hey my theory is easy to make with no since i am not ʻactivelyʻ trading... but i am still observing... like what i said in my last post. Pay off your debts. Dont owe anyone anything. And no matter what you might miss in the market, at least you know you are winning by eliminating the bills. In the grand scheme of things you end up with more $$$, since you are losing less.

So, beware... things will continue choppy until the next Prez gets elected. no one knows what to do... the govt is just as confused as anyone else. not good... so, again... pay off your debts.

The rumored laptops look sweet. and the touchpads look much like the touchscreen on the iPhone/iPod Touch. No other Laptop has these abiity. very interesting... they are also rumored to have a nice starting price as well. cheaper than in the past to address the slowing economy. they are basically killing the competition in the U.S.

And they open another Apple store in Hawaii. Waikiki. I have no time to join in the festivities. I like my PowerBook, but I aint no stand in line fanatic. For those of you who do... maybe you can win a free iPhone/iPod/Mac... so maybe it is worth it. but its not for me.

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