The Official Blackberry 10 Thread

[black caesar]

Wtf?? Why is their stock dropping? Shit is at 15.29 right now

Because RIM CEO just stated that RIM is now Blackberry. It can still rise up.

A stock isn't going to drop because the name changed.-/b] It's these wall street niggas manipulating shit with the long/short game.

Wrong champ. When a Merger occurs, companies that are merging lose money. Here's a report from marketwatch:

The sector also got an early lift from RIM (RIMM) , U.S.-listed shares of which rallied ahead of the much-anticipated rollout of BlackBerry 10 at a launch event in New York.

But RIM shares reversed course late morning, falling 4% to $15.02 as the company also announced that it was changing its name to BlackBerry.

 

[rage]

Wtf?? Why is their stock dropping? Shit is at 15.29 right now

Because RIM CEO just stated that RIM is now Blackberry. It can still rise up.

A stock isn't going to drop because the name changed.-/b] It's these wall street niggas manipulating shit with the long/short game.

Wrong champ. When a Merger occurs, companies that are merging lose money. Here's a report from marketwatch:

The sector also got an early lift from RIM (RIMM) , U.S.-listed shares of which rallied ahead of the much-anticipated rollout of BlackBerry 10 at a launch event in New York.

But RIM shares reversed course late morning, falling 4% to $15.02 as the company also announced that it was changing its name to BlackBerry.

Ok...so...uh....which company did RIMM merge with again? Of course this is assuming you know what merger means.

 

[black caesar]

Wtf?? Why is their stock dropping? Shit is at 15.29 right now

Because RIM CEO just stated that RIM is now Blackberry. It can still rise up.

A stock isn't going to drop because the name changed.-/b] It's these wall street niggas manipulating shit with the long/short game.

Wrong champ. When a Merger occurs, companies that are merging lose money. Here's a report from marketwatch:

The sector also got an early lift from RIM (RIMM) , U.S.-listed shares of which rallied ahead of the much-anticipated rollout of BlackBerry 10 at a launch event in New York.

But RIM shares reversed course late morning, falling 4% to $15.02 as the company also announced that it was changing its name to BlackBerry.

Ok...so...uh....which company did RIMM merge with again? Of course this is assuming you know what merger means.

They didn't merge in this case, but the CEO himself said that they had stock in Blackberry. In fact on Monday, the RIM ticker will become BBRY

 

[Ounceman]

Got damn. A 3 yr contract!? Holy shit. They really must have faith in the phone lasting that long

 

[rage]

Wtf?? Why is their stock dropping? Shit is at 15.29 right now

Because RIM CEO just stated that RIM is now Blackberry. It can still rise up.

A stock isn't going to drop because the name changed.-/b] It's these wall street niggas manipulating shit with the long/short game.

Wrong champ. When a Merger occurs, companies that are merging lose money. Here's a report from marketwatch:

The sector also got an early lift from RIM (RIMM) , U.S.-listed shares of which rallied ahead of the much-anticipated rollout of BlackBerry 10 at a launch event in New York.

But RIM shares reversed course late morning, falling 4% to $15.02 as the company also announced that it was changing its name to BlackBerry.

Ok...so...uh....which company did RIMM merge with again? Of course this is assuming you know what merger means.

They didn't merge in this case, but the CEO himself said that they had stock in Blackberry. In fact on Monday, the RIM ticker will become BBRY

So then if it wasn't a merger, then why bring it up? And how the fuck can RIMM have stock in Blackberry? Blackberry is a product not a company.

 

[black caesar]

Wtf?? Why is their stock dropping? Shit is at 15.29 right now

Because RIM CEO just stated that RIM is now Blackberry. It can still rise up.

A stock isn't going to drop because the name changed.-/b] It's these wall street niggas manipulating shit with the long/short game.

Wrong champ. When a Merger occurs, companies that are merging lose money. Here's a report from marketwatch:

The sector also got an early lift from RIM (RIMM) , U.S.-listed shares of which rallied ahead of the much-anticipated rollout of BlackBerry 10 at a launch event in New York.

But RIM shares reversed course late morning, falling 4% to $15.02 as the company also announced that it was changing its name to BlackBerry.

Ok...so...uh....which company did RIMM merge with again? Of course this is assuming you know what merger means.

They didn't merge in this case, but the CEO himself said that they had stock in Blackberry. In fact on Monday, the RIM ticker will become BBRY

So then if it wasn't a merger, then why bring it up? And how the fuck can RIMM have stock in Blackberry? Blackberry is a product not a company.

You stated that stock doesn't drop when names change which is false. I had stated when most mergers occur (which wasn't one in here) stocks can lose value in addition to name changes. The CEO himself had stated that they had stock in Blackberry. (Watch the stream again) It can only be assumed that he meant that the company created some new shares to reflect the company name, which would explain the new ticker.

There's your explanation. At the end of the day, it's a new product. Either you're going to cop it or you won't. Simple as that. Either cop it or stick to what you have.

 

[Michael_Malice]

RIM is now called Blackberry. That's it. No merger or no stocks bought or anything like that. Just a new name.

And WTF at only Verizon having the White Z10? I'm beyond pissed.

 

[Michael_Malice]

Got damn. A 3 yr contract!? Holy shit. They really must have faith in the phone lasting that long

That's only in Canada. In the US it will be a 2 year contract whenever the carriers get off their ass and launch it.

 

[qtipp73]

Got damn. A 3 yr contract!? Holy shit. They really must have faith in the phone lasting that long

That's only in Canada. In the US it will be a 2 year contract whenever the carriers get off their ass and launch it.

they are waiting of the gov't to put the finishing touches on the spy tracking portion of the OS. why the fuck else would it take carriers that long to "test it out" ?

 

[rage]

Wtf?? Why is their stock dropping? Shit is at 15.29 right now

Because RIM CEO just stated that RIM is now Blackberry. It can still rise up.

A stock isn't going to drop because the name changed.-/b] It's these wall street niggas manipulating shit with the long/short game.

Wrong champ. When a Merger occurs, companies that are merging lose money. Here's a report from marketwatch:

The sector also got an early lift from RIM (RIMM) , U.S.-listed shares of which rallied ahead of the much-anticipated rollout of BlackBerry 10 at a launch event in New York.

But RIM shares reversed course late morning, falling 4% to $15.02 as the company also announced that it was changing its name to BlackBerry.

Ok...so...uh....which company did RIMM merge with again? Of course this is assuming you know what merger means.

They didn't merge in this case, but the CEO himself said that they had stock in Blackberry. In fact on Monday, the RIM ticker will become BBRY

So then if it wasn't a merger, then why bring it up? And how the fuck can RIMM have stock in Blackberry? Blackberry is a product not a company.

You stated that stock doesn't drop when names change which is false. I had stated when most mergers occur (which wasn't one in here) stocks can lose value in addition to name changes. The CEO himself had stated that they had stock in Blackberry. (Watch the stream again) It can only be assumed that he meant that the company created some new shares to reflect the company name, which would explain the new ticker.

There's your explanation. At the end of the day, it's a new product. Either you're going to cop it or you won't. Simple as that. Either cop it or stick to what you have.

Homie, here is the deal. Changing a company's name is nothing like a merger. Stocks don't go down because of a name change. I mean what's the logic in that? Do the profit/losses change because of a name change? And the CEO said they have stock OF Blackberrys that means they have product, in STOCK.

The reason the stock dropped is because Wall Street niggas are playing with YOUR money, with all the speculating and "forecasts". They jacked up the price of the stock based on hype, now when the actual product is released actual reality is setting in. So they are selling off....watch the stock go up again when sales forecasts are announced and they will drop again when the actuall figures are released.

 

[rage]

The March release is a pretty big misstep. They need to get product into customers hands ASAP!

 

[rage]

Wtf?? Why is their stock dropping? Shit is at 15.29 right now

I think cats were selling off on anticipation it may not take off like that. Looks like after the name announcement it went back up.

@icecoldstew @Sion @valdez21 I know you're watching the keynote fam

The CEO said that RIM is now Blackberry.

This shocked me LOLOL, it's about time tho. It's a good move.

Nah it's at 14.70...down 6% from opening....

These wall street dudes are ruthless lol

 

[rage]

Not available until Mid March in the US. WTF?!????!? Not happy.

I'm sure you can prolly get it out here & unlock out there. It's better for them to take over their home turf & other overseas markets before jumping back into the U.S., the phone is incredible. I think the anticipation and the idea that "everybody has it" is probably the type of strategy they going for. The U.S. is a huge market, and overnight can make a significant profit for them if they play this right. Gotta keep in mind a lot of people bought iPhones & Samsung phones last December, it wouldn't be wise to just throw something at them to get them to switch right away cuz most of those consumers will want to wait to see before they jump the gun. It's a good move. Had they dropped immediately in the States, the sales numbers might have come up short and people might use that as ammo SMH. Just be patient LOLOL, you'll get one.

For $149 on a 2 year contract I'd say that's a pretty dayum good deal.

Wtf?? Why is their stock dropping? Shit is at 15.29 right now

Because RIM CEO just stated that RIM is now Blackberry. It can still rise up.

A stock isn't going to drop because the name changed.-/b] It's these wall street niggas manipulating shit with the long/short game.

Wrong champ. When a Merger occurs, companies that are merging lose money. Here's a report from marketwatch:

The sector also got an early lift from RIM (RIMM) , U.S.-listed shares of which rallied ahead of the much-anticipated rollout of BlackBerry 10 at a launch event in New York.

But RIM shares reversed course late morning, falling 4% to $15.02 as the company also announced that it was changing its name to BlackBerry.

Ok...so...uh....which company did RIMM merge with again? Of course this is assuming you know what merger means.

They didn't merge in this case, but the CEO himself said that they had stock in Blackberry. In fact on Monday, the RIM ticker will become BBRY

So then if it wasn't a merger, then why bring it up? And how the fuck can RIMM have stock in Blackberry? Blackberry is a product not a company.

You stated that stock doesn't drop when names change which is false. I had stated when most mergers occur (which wasn't one in here) stocks can lose value in addition to name changes. The CEO himself had stated that they had stock in Blackberry. (Watch the stream again) It can only be assumed that he meant that the company created some new shares to reflect the company name, which would explain the new ticker.

There's your explanation. At the end of the day, it's a new product. Either you're going to cop it or you won't. Simple as that. Either cop it or stick to what you have.

Homie, here is the deal. Changing a company's name is nothing like a merger. Stocks don't go down because of a name change. I mean what's the logic in that? Do the profit/losses change because of a name change? And the CEO said they have stock OF Blackberrys that means they have product, in STOCK.

The reason the stock dropped is because Wall Street niggas are playing with YOUR money, with all the speculating and "forecasts". They jacked up the price of the stock based on hype, now when the actual product is released actual reality is setting in. So they are selling off....watch the stock go up again when sales forecasts are announced and they will drop again when the actuall figures are released.

The March release is a pretty big misstep. They need to get product into customers hands ASAP!

@rage stop trying to bust balls fam n/h

btw how's Apple doing bruh ? How much is that down by again ?? So the question then becomes were you a sheep following the forecasts & the outrageously expectations they had for Apple ? Or were you smart enough to get off the horse and find better opportunities elsewhere ? When it's all said and done, it's not always about how much you make - but how much you DON'T lose.

Long term RIM will be fine, had you dumped Apple and copped RIM when I told you to you'd have tripled your money and at least lock in a portion of the profit from Apple before it fell 40%.

Your making my point for me. Stocks be it RIMM or Apple are all controlled by Wall Street niggas who play a long and short game. Apple has NEVER ever not made a profit in a quarter, for that matter Apple has set records for profit year after year. RIMM's stock rose because analysts were hyping it up so they could raise the stock prices (the converse effect for Apple by lowering its stock price)...now that RIMM has actually shown its hand they are dropping it. Why? has RIMMs profits or losses increased or decreased in the 24 hours leading up to the conference? No, so then why is the stock dropping?? Is there a reasonable answer as to why the stock dropped so much in a few hours???

These dudes do it ALL the time...raise a stock (or lower it) based on speculation "buy buy buy"...and then when it hits its "peak" sell sell sell.

Short-term market participants have been using the tech titan's shares in what are known as pair trades - betting that one stock will go higher while hedging that bet by short-selling a stock expected to go lower.

"Apple is being used as a proxy in a lot of other things," said J.J. Kinahan, chief derivatives strategist at TD Ameritrade. "At least every other week you're either a buyer or seller of it, a lot of it depending on what the rest your stock (portfolio) is.
http://www.cnbc.com/id/100412801

 

[Michael_Malice]

@Sion. I feel you. I just want this phone so damn bad. I'm sure I will get over it in the morning. I'm really mad about the white one though. I can't leave AT&T.

 

[rage]

@Sion. I feel you. I just want this phone so damn bad. I'm sure I will get over it in the morning. I'm really mad about the white one though. I can't leave AT&T.

See what I mean...you have a willing customer here, ready to pay money for your product and he has to wait? Berry doesnt have the luxury to do this. What if HTC or Samsung or LG put out some banging ass phone in the next week Berry might lose a customer. And they just can't afford that luxury.

The one thing in BB10's favour is that WP8 is HORRENDOUS....I had high hopes for that OS but its brutal. Typical MS half-steppin, and in comparison BB10 is FAR FAR superior. 3rd spot is right there for the taking.

 

[rage]

@rage

LOOOOOOOOOOOOLOLOLOLOL @ this nonsense in that article & your post

You don't understand the stock market - that's ok I think you're just upset Apple didn't work out for you. Luckily for you, you're still young and you probably didn't lose too much money so you can always rebuild.

The success of a stock will always be determined by the business NOT wallstreet. Short term (a few days or weeks) yeah large monies moving may impact the price but longer term it never holds up unless the business does. A stock is not a piece of paper - it's ownership in a business (but to the common man's advantage you can sell in and out when you feel like it, you can never be "stuck" in the business). As an investor you are to look at a company objectively and observe price & financial statements to determine if you stand to make a profit. 3 reasons why ppl lose money is b/c they buy things they dont understand, they overpay or they invest short term. Wall Street is filled with morons and a lot of stupid people but it's YOUR job to ascertain common sense and not follow the morons (but take advantage of them). Just because you lost money in Apple don't mean it's cuz "wall street did it" - that was your fault for failing to realize you were overpaying, you had no margin of safety (you were going on forecasts and nothing fundamentally there to protect you other than Apple's fame when you should have been looking at earnings potential & if it justified the price) and didn't understand the numbers.

I've said a billion times, there was nothing wrong with RIM to begin with, they had a power outage & people ran and said they were "done for" b/c of it also b/c they couldn't outsell Apple (SMMFH @ the ignorance that pervades Wall Street) when in the same year - they managed to increase subscribership 33% to 80 million people, revenue was still there, there were still huge internationally and they had a rich balance sheet w/ a strong cash balance, valuable patents and good mgmt behind them. But what did the sheep on Wall Street do ? They ignored ALLLL of that said "nope it's over". Somehow they claimed RIM was a "steal" at $140 but not at $5.95. RIM's true price is $26 but people got over anxious, scared and sold out. If you overpay for a business how do you stand to profit from that ? Look at Facebook I asked Rell Mayne in my thread - why would you pay $66 billion to buy something that's worth $4 billion and makes only $300M ? Do I care that RIM fell today ? Nope, because I'm "in the money" - BEFORE Wall Street even realized it. It doesn't matter what wall street says or does in the next week or 2 I KNOW I won with RIM and I will make my money 5-fold on it over the long term. Even if it went bust I'd still laugh to the bank. Sometimes it happens faster most of the times it takes a while.

Now granted, that's not to say the financial community has no clout, it does and in the short term sometimes you can see HUGE price fluctuations that present buying opportunities and when they come you should do something about it. It's not common tho you see shit like this especially with high quality companies. Wall Street is not in control of your fortune YOU ARE. Is it always easy to spot what will happen and what information to use ? No, but is it easy to spot a problem or opportunity and profit from it ? Not at all. This is why I tell people AALLL the time, when you buy stocks that are reasonably priced, turn off CNBC, ignore the economy & trust the technique - you will do fine. Wall Street does NOT control your finances, you do. Stop trying to make short term predictions, stop listening to analyst recommendations, buy what you understand and think ahead for the future.

AAPL bought on March 9th at 88.80.....I'm good.

And that whole damned thesis you typed out wasnt necessary, we get it your in the finance industry. I was talking about the SHORT term...hence all the talk about SHORTING and speculations and forecasts. My point was these Wall Street niggas move the prices of stock around with their "speculations" to make money using the short/long game.

 

[The Lonious Monk]

@Sion. I feel you. I just want this phone so damn bad. I'm sure I will get over it in the morning. I'm really mad about the white one though. I can't leave AT&T.

See what I mean...you have a willing customer here, ready to pay money for your product and he has to wait? Berry doesnt have the luxury to do this. What if HTC or Samsung or LG put out some banging ass phone in the next week Berry might lose a customer. And they just can't afford that luxury.

The one thing in BB10's favour is that WP8 is HORRENDOUS....I had high hopes for that OS but its brutal. Typical MS half-steppin, and in comparison BB10 is FAR FAR superior. 3rd spot is right there for the taking.

Based on specs and early impressions, HTC, Samsung, and LG already have superior phones out.

I can't really understand why anyone would be highly pressed to get this phone outside of a strong loyalty to the company. The specs are subpar at this point, the OS lacks the stability and dependability of iOS and the customization and personalization features of Android, it sorely lacks apps at this point, many of the apps that are available don't work correctly, etc... Unless they are putting this out there with a $100 price tag to match most of the other mid range phones, it doesn't really seem to be worth it.

 

[rage]

@Sion. I feel you. I just want this phone so damn bad. I'm sure I will get over it in the morning. I'm really mad about the white one though. I can't leave AT&T.

See what I mean...you have a willing customer here, ready to pay money for your product and he has to wait? Berry doesnt have the luxury to do this. What if HTC or Samsung or LG put out some banging ass phone in the next week Berry might lose a customer. And they just can't afford that luxury.

The one thing in BB10's favour is that WP8 is HORRENDOUS....I had high hopes for that OS but its brutal. Typical MS half-steppin, and in comparison BB10 is FAR FAR superior. 3rd spot is right there for the taking.

Based on specs and early impressions, HTC, Samsung, and LG already have superior phones out.

I can't really understand why anyone would be highly pressed to get this phone outside of a strong loyalty to the company. The specs are subpar at this point, the OS lacks the stability and dependability of iOS and the customization and personalization features of Android, it sorely lacks apps at this point, many of the apps that are available don't work correctly, etc... Unless they are putting this out there with a $100 price tag to match most of the other mid range phones, it doesn't really seem to be worth it.

I dont think BB10 is going to make a dent in the top 2 OS's marketshare. They will get a whole bunch (if not all) of the diehards and they'll pick off a lot of WP8 customers as well. You right about the hardware though...a few of the reviews I've read about it have been pretty subdued.

 

[Michael_Malice]

I've been reading the reviews such as Engadget and meh. I don't care. I'm sure there are plenty of people out there like me that are tired of the stale iOS and absolutely hate Android. This is something fresh and new that looks like it will fill my needs. RIM BlackBerry will be just fine I think. They will take what they have in BB10 and continue to improve on it.

On another note. I don't know who the fuck dropped the ball on this US release but I think it is a big mistake. All 4 US carriers didn't just say lets just wait until March to drop this. Something else is going on. Are they still testing this thing? I don't know but it pisses me off. I want this in my hands when the rest of the World has it. Will the buzz be died off in the US by March and consumers don't care anymore? Who knows. And fuck Verizon for this White Z10 bullshit.

 

[Michael_Malice]

And another thing.

Why in the hell spend all that money on a Superbowl ad and the phone is not even available in the states for maybe another 2 months? Horrible marketing IMO.

Consumer watching the SuperBowl commercial: Hey! That's a cool phone. I want to purchase one. I'm going to call and see about pricing.

AT&T/Verizon/Sprint Rep: I'm sorry sir, we don't know exactly when we will carry that BlackBerry Phone that you saw in the commercial yet. You can sign up on our site for updates of when it's available though.

Consumer: Okay nevermind. My contract is up and my phone has had it. I'll just grab that iPhone or Samsung device. Thank you.