Re:RIM implodes: announces layoffs, 500,000 PlayBooks shipped
by bentlegen on Thursday June 16, 2011 @05:47PM
(#2663420)
When the iPhone was announced, RIM was trading at just under $50/share. It's now trading at ~$35, its lowest point since. To realize that gain, you would have had to hold your short position in RIM for over 4 years.
Alternatively, if you believed in the iPhone, why not just invest in Apple? Their stock has risen 300% over that same period.
Alternatively, if you believed in the iPhone, why not just invest in Apple? Their stock has risen 300% over that same period.