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dirtyjeffer
Anons on ignore, but not due to fear.
Premium
join:2002-02-21
London, ON
reply to Robrr

Re: RIM Earnings Out, Stock Surges

said by Robrr:

Your the guy who is all about "the market" so what do you have to say about the fact that as Apple share prices continue to slide while RIM share prices continue to rise to the point where it is almost a mirror image.

»www.bloomberg.com/news/2012-12-2···nes.html

ummm, last i checked, Apple was worth about $550 and Rim is $15.
--
People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

- George Orwell

Robrr

join:2008-04-19
Guelph, ON

said by dirtyjeffer:

said by Robrr:

Your the guy who is all about "the market" so what do you have to say about the fact that as Apple share prices continue to slide while RIM share prices continue to rise to the point where it is almost a mirror image.

»www.bloomberg.com/news/2012-12-2···nes.html

ummm, last i checked, Apple was worth about $550 and Rim is $15.

Whats your point?

RIM is up with for good reason. Apple is down and no one can explain why.


dirtyjeffer
Anons on ignore, but not due to fear.
Premium
join:2002-02-21
London, ON

meh...stocks are rarely about true value and more about "playing the market"...as well, it is often more about "perceived value".


Warez_Zealot

join:2006-04-19
Vancouver

said by dirtyjeffer:

meh...stocks are rarely about true value and more about "playing the market"...as well, it is often more about "perceived value".

Yep, especially with those lame trading algorithms. I ended up buying around 1k worth at $13.77... See what happens. I once read that current share value of most companies are about 40% inflated of their actual worth, which I highly agree with for most companies today.
--
"You're not supposed to be so blind with patriotism that you can't face reality. Wrong is wrong, no matter who says it."-Malcolm X



BonezX
Basement Dweller
Premium
join:2004-04-13
Canada
kudos:1
reply to Robrr

said by Robrr:

Whats your point?

RIM is up with for good reason. Apple is down and no one can explain why.

i can, lack of actual product advancement.

the Ipad mini is going to tank their stock for the next little while, as well as snuffing their client base with the release of a NEW ipad while the other one hasn't been on the market that long.

simple enough formula, you release slightly better hardware every year at the same "premium" price, your going to keep dropping people off the wagon, especially when your competitors are releasing hardware at multiple price points covering a broader market.

i still wonder how the hell apple is viewed as the "creators" equipment when it has such a short lifespan vs traditional hardware.

also, some of it might be backlash over the whole patent thing.

komal

join:2003-02-16
reply to dirtyjeffer

said by dirtyjeffer:

said by Robrr:

Your the guy who is all about "the market" so what do you have to say about the fact that as Apple share prices continue to slide while RIM share prices continue to rise to the point where it is almost a mirror image.

»www.bloomberg.com/news/2012-12-2···nes.html

ummm, last i checked, Apple was worth about $550 and Rim is $15.

I hope you're joking when you say that, because stock price doesn't indicate value of a company, market cap does.

If thats how you compare companies, you're going to lose a lot of money...


dirtyjeffer
Anons on ignore, but not due to fear.
Premium
join:2002-02-21
London, ON

said by komal:

I hope you're joking when you say that, because stock price doesn't indicate value of a company, market cap does.

If thats how you compare companies, you're going to lose a lot of money...

i realize that...so lets use market cap...RIM's market cap is just over $5 Billion...Apple's is just under $500 Billion.
--
People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf.

- George Orwell