The Rise Of BlackBerry?
Has anyone noticed that RIMM (Research In Motion) is up over 100% since September? I have. And I wish I could have predicted it! Double your money in just 4 months??? Damn, I wish I could have seen this coming! But what does this mean? Is BlackBerry again on the rise? Maybe. There are plenty of investors who have been hurt by RIMM but if you are looking for a tech company to put money in for the first time, this would be the stock to buy. The barrier to entry is low enough and they have a brand new product/platform launching this year. And lets not forget that BlackBerry hasn’t been completely left behind in the world. Sales in Europe are still decent and in emerging markets like South America, Africa, and Pacific Asia is where BlackBerry will see lots of growth. Even if this is just smoke and mirrors, there is money to be made in RIMM.