Rewarded for failure: RIM share price up as BlackBerry service crashes(computerworlduk.com)

1 pointsby gorglaxvor 15 Jahren1 comments

Rewarded for failure: RIM share price up as BlackBerry service crashes

http://www.computerworlduk.com/news/mobile-wireless/3310085/blackberry-share-price-up-as-service-crashes/

1 comments

arnoldwhvor 15 Jahren

I don't think the author gets how markets work. Investors are much more focused much more on macro factors (e.g. the state of the EU) than micro ones (e.g. Blackberry's servers being down in the middle east).

The S&P was up 3.4%, and with RIM's beta of ~1.3..a rough benchmark, extremely imperfect "guess" for how much RIM should be up is 4.4%. This could mean that if the overall market was just flat, RIM's stock might have taken a loss. I think this was more a case of a rising tide lifting RIM's boat.

....or maybe it means MSFT will finally buy them out.