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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 h
by bentlegen 15y ago
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.
- dannylipsitz 15y ago+1