Research In Motion: How Much Time is Left?

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HFA Staff
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    With Research In Motion Limited (NASDAQ:RIMM) (TSE:RIM) proving correct the dire predictions of even the most bearish of analysts regarding its quarterly results, analysts are now speculating how long the company will survive, and whether its stock price will eventually touch zero, or thereabouts. Nomura Holdings, Inc. (TYO:8604) (NYSE:NMR) expects the company to disappear by 2020 – in a note to clients it said, “If RIM continues to be run as it is, we believe that the company will eventually fail.” Brokerages fell over themselves to slash price targets for the stock – a few even halved it – as they…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.