An irreverent look at Wall Street
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.
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...
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.
Buy the leap RIMM $25 puts...thats what its really worth
Getting killed by Android and iPhone.
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