Wall Street Manna

An irreverent look at Wall Street

Friday, September 17, 2010




At September 17, 2010 at 1:46 PM , Anonymous Anonymous said...

WTF is wrong with this stock?

It's the cheapest stock I can find and they their value continues to erode.

Time to fire the IR/PR team, they've done a super shitty job.

At September 17, 2010 at 2:14 PM , Blogger Palmoni said...

Exactly--DB upgraded the price target on the stock to 65 but still didn't put a buy on it even though it is just 7.64X their estimates...

At September 17, 2010 at 3:37 PM , Anonymous Anonymous said...

It's cheap, but I'm sure increased competition in the space is definitely going to erode margins in the future and that's probably being reflected with the low multiple. Apple and Google will own the smart phone space.

The business cycles in these industries are short and viscous.

At September 19, 2010 at 6:35 PM , Anonymous Anonymous said...

Buy the leap RIMM $25 puts...thats what its really worth

At September 20, 2010 at 8:28 AM , Anonymous Anonymous said...

Getting killed by Android and iPhone.

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