As I predicted, we are now starting to see media coverage of RIM turn to 'What's Next?" and as a result the stock is ticking upwards. Today it's up 5.11 per cent at the time of writing this entry.
Examples of the media now turning towards the value aspects of RIM, as I predicted they would once they feasted on the 'Death of RIM' story, include:
Will RIM's patent portfolio be its saving grace?
Is there hope for RIM?
Microsoft should buy RIM as soon as possible
Research In Motion: Upside Exists Among Massive Pessimism
Anyway, it's not an avalanche, but the press are slowly starting to trend towards what there is left to talk about... which is what's next.
From a PR perspective I'd expect this trend to continue unfolding over the course of the next month. It will probably ramp up after RIM's AGM next week and carry forward a few weeks.
After that, the press will basically ignore RIM until Q2 reporting. That is unless RIM starts to leak BB10 features (which I continue to say is essential if they want to prevent folks from buying Androids and iPhones between now and the first calendar quarter of 2013).
Anyway, my view, and fair warning I could easily be wrong regarding the share price (no one can ever know for sure), is that this momentum trade based on the press coverage of RIM might hold for a few more weeks but not much longer.
But hey, I'm up a little over four per cent since buying so I'll stick around a little longer to see if my thesis continues to play out.
Examples of the media now turning towards the value aspects of RIM, as I predicted they would once they feasted on the 'Death of RIM' story, include:
Will RIM's patent portfolio be its saving grace?
Is there hope for RIM?
Microsoft should buy RIM as soon as possible
Research In Motion: Upside Exists Among Massive Pessimism
Anyway, it's not an avalanche, but the press are slowly starting to trend towards what there is left to talk about... which is what's next.
From a PR perspective I'd expect this trend to continue unfolding over the course of the next month. It will probably ramp up after RIM's AGM next week and carry forward a few weeks.
After that, the press will basically ignore RIM until Q2 reporting. That is unless RIM starts to leak BB10 features (which I continue to say is essential if they want to prevent folks from buying Androids and iPhones between now and the first calendar quarter of 2013).
Anyway, my view, and fair warning I could easily be wrong regarding the share price (no one can ever know for sure), is that this momentum trade based on the press coverage of RIM might hold for a few more weeks but not much longer.
But hey, I'm up a little over four per cent since buying so I'll stick around a little longer to see if my thesis continues to play out.
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