Blackberry (NASDAQ:BBRY)

TMFmd19 (93.39) Submitted: 11/4/2012 9:59:34 PM : Start Price: $8.80 BBRY Score: -46.17

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/