RIM in trouble?

04.15.11: In case you hadn't seen the video.


04.14.11: In the Toronto Star April 14th





RIM has not been doing well lately. Losing ground to Apple and other smartphones and unable to resolve the server access concern of India.
I was considering investing in RIM a couple of weeks ago (buy low, sell at 20% gain) but will wait a while longer as the bottom hasn't happened yet - in my opinion.
The stock is at $51.38 as of 10:44 today (down $1.41 this am) and continuing to move closer to it 53 week low of $44.94).


As a true Canadian success story, I am hoping RIM comes out with another barn-burner product, as the Blackberry (in present form) is in denouement now.


Lazaridis' reaction to questions on BBC last night about middle east server access hasn't helped the company. And what about the UAE non-disclosure??


I am amazed at how a chairman/CEO (never have one person hold both jobs), who will probably make many millions this non-profit year, can represent a company in this manner!


Probably best to wait a while to invest in RIM ...