+ Watch BBRY
on My Watchlist
The company behind the BlackBerry, Research In Motion provides a range of wireless hardware, software, and services.
RIMM once ruled the smartphone world. Over time their advantages began to erode as system outages for their BlackBerry devices combined with losing the coolness factor to Apple (NASDAQ: AAPL). Now they’ve lost their grip on their core corporate customer base and more competition keeps moving in. Shares have been rebounding a bit of late as news emerges that their BlackBerry 10 is now being tested following lengthy delays. Still, shares are down more than 90% over the past five years as they’ve fallen behind Apple’s iPhone. The real question is will the world stop to watch a BB10 release event as they did for the iPhone 5? I think not, and investors would be wise to just make their way to the exit.http://beta.fool.com/latimerburned/2012/11/03/3-scary-cult-stocks-you-should-flee/15724/
All the tmf ppl give it a thumbs down. TMFGroupthink?
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