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  1. #41  
    I may buy some when it gets lower like say $1 or less.
    Misc electronic organizers > Cassiopeia > palm pilot III > Palm Pilot VII/Zire 21 > Treo 90 > Treo 650 > PPC6700 > Treo 755p > PPC6800 > Palm Pro > Palm Pre
  2. cgk
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    #42  
    Quote Originally Posted by ray1b View Post
    You suppose to buy stock when it's cheep. That's how you become rich.
    Yes but you also buy it when you expect it to rise in value in the future...
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    #43  
    All my stocks are taking a beating today

    I sold last week for around what I bought it for . I prefer to wait for rock bottom and buy again then.

    Although the Quarterly looked like hell, I see a lot of long term potential no matter how you cut it. They are now International on the Pre/Pixi, another device anticipated, ATT picking them up. Increased marketing with better ads.... I have seen this happen before with Palm....they were a penny stock around 10 years ago it got so bad.

    Watch the tailspin, and keep an eye on a stable rock bottom take what you would spend going to a Casino and drop it on the Stock, hopefully make some money....
  4. #44  
    Quote Originally Posted by alex.dobeck View Post
    They're just downgrading it because they want to buy the stock, what's with all this sell low buy high stuff.
    Quote Originally Posted by alex.dobeck View Post
    You really don't know, the company's not doing very well right now, but there is always the chance it could pick up again.

    When your dealing with something so fickle as to be greatly influenced by mass panic and greed you have plenty of people who will use both to their advantage, namely those interested in buying when it's low and selling when it's high.
    Think back on late 2008 the stock went to $1.XX and went back up to close to $20.
    Misc electronic organizers > Cassiopeia > palm pilot III > Palm Pilot VII/Zire 21 > Treo 90 > Treo 650 > PPC6700 > Treo 755p > PPC6800 > Palm Pro > Palm Pre
  5. #45  
    Quote Originally Posted by CGK View Post
    The smart money got out of palm months ago.
    You really don't know, the company's not doing very well right now, but there is always the chance it could pick up again.

    When your dealing with something so fickle as to be greatly influenced by mass panic and greed you have plenty of people who will use both to their advantage, namely those interested in buying when it's low and selling when it's high.
  6. cgk
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    #46  
    Quote Originally Posted by alex.dobeck View Post
    You really don't know, the company's not doing very well right now, but there is always the chance it could pick up again.

    When your dealing with something so fickle as to be greatly influenced by mass panic and greed you have plenty of people who will use both to their advantage, namely those interested in buying when it's low and selling when it's high.

    sure but you have to look at the data and (as an investor) try and be realistic about what the future might bring. Could Palm turn it around? Maybe, do I think it's very likely to happen under the current management? No.

    The key and fundamental problem with palm is that it simply is unable to sell through enough phones. It's stuffed unless that key problem is fixed.
  7. cgk
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    #47  
    Quote Originally Posted by liquidxit2 View Post
    Think back on late 2008 the stock went to $1.XX and went back up to close to $20.
    Under a very specific set of circumstances that are unlikely to repeat - the rise was based on the potential for WebOS and the new range. That potential has not been realised.
  8. #48  
    .. Gonna Call $4. Wish I had waited a little longer before I jumped in.
  9. #49  
    Should go lower. Wait til next week when Sprint announces its first android 4G phone.
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    #50  
    Why is this thread here? Shouldn't it be in the Palm forum just a few scrolls down?

    Or is this today troll fodder? I liked the 1.4 troll fodder better.
    I'm a man, but I can change, if I have to, I guess.
    Device history: *free feature Phone*x3 -> LG Rumor -> Palm Pre -> HTC Arrive (3days) -> Samsung Nexus S 4G (28 days) -> Samsung Galaxy S II Sprint Epic 4G Touch -> Palm Pre -> Pre 3
  11. #51  
    Seriously, isnt this a place for people who want palm to make it? With a stock that low why would you sell. If anything we should all by some at this low price and help palm instead of jumping ship and adding to problem.
  12. #52  
    Quote Originally Posted by Honis View Post
    Why is this thread here? Shouldn't it be in the Palm forum just a few scrolls down?

    Or is this today troll fodder? I liked the 1.4 troll fodder better.
    Quote Originally Posted by graffix31 View Post
    Seriously, isnt this a place for people who want palm to make it? With a stock that low why would you sell. If anything we should all by some at this low price and help palm instead of jumping ship and adding to problem.
    Its not a matter of palm making it or not. We are discussing the stock of the company and possible investments. Not once have I ever said they are going under or that I wished they wouldn't make it. But their stock is REALLY low and there is a chance for an slight investment.
    Misc electronic organizers > Cassiopeia > palm pilot III > Palm Pilot VII/Zire 21 > Treo 90 > Treo 650 > PPC6700 > Treo 755p > PPC6800 > Palm Pro > Palm Pre
  13. #53  
    We also dont know what Palm is going to do at CTIA. They have a booth dont they? Also Rubinsteins comment about upcoming devices helps to see whats going on here. Be patient. Honestly the only reason Palm's Stock is in the hole is due to these analysts. If one of them came out and said buy buy buy, it would happen. How frustrating that companies rise and fall due to a few peoples opinions.
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    #54  
    Quote Originally Posted by graffix31 View Post
    Seriously, isnt this a place for people who want palm to make it? With a stock that low why would you sell. If anything we should all by some at this low price and help palm instead of jumping ship and adding to problem.
    Because the stock isn't going anywhere unfortunately. They will burn out their cash in six months (look at the negative cash flow last six months) and you will be left with nothing instead of a small amount on your earlier investment.

    Some of you ridiculed me earlier when I told you that Palm had a two month window or they were "toast" by 2011 and probably sooner. I told you that they were burning cash like mad but some of you insisted some type of positive trend was happening... bollocks.

    I came here with high hopes. I really love Web OS and wanted to see the progress and buy one. After hanging out here and seeing Palm twiddle its thumbs, acting arrogantly and in denial as ever, I decided to go another route realizing the unfortunate situation. I'm a big sympathizer with Palm, owning numerous models and Treos since they put out their Palm IIIx, a great PDA. But Ed Colligan and the rest got their bonuses and milked the people for as many marginal upgrades as they could until it all ran out, including the hype.

    What killed me was that the Palm Pre needed to be great. It could have been great and should have been great. But Palm didn't learn, put out a device with mediocre build quality (as compared to the Treos, for sure) and took so ridiculously long to come out with the developer's toolkit.

    What's left? Is anyone going to buy a 480 x 320 Palm with a screen a bit too small when you've got the Nexus One with far better resolution and speed, the Motorola Droid (ditto on the resolution) - both of which have far more apps... and then you have the iPhone... lest we forget the Blackberry's new upcoming models and a huge push for Windows Mobile 7.

    I loved Palm as a company. Unfortunately the executives milked us and the company for too long. I fear that this may be the start of someone looking for a buyout and I don't think you're seeing double digit premiums, especially not the way this company is burning cash. Some of you, go ahead and rip into me.

    IMHO... you're better off venting your anger toward Palm and waking up the executives that frilly press releases about brighter days isn't going to do anything. Back is flat against the wall now. Talking about upcoming releases? Sorry guys... with only 6 months of cash, they better release something NOW and better make money. They are out of it by September - October. Colligan exited a while ago knowing exactly what was coming down the pipeline and he could avoid taking the fall... I wish you all my best and I'm sorry to see this... with a heavy heart.
  15. #55  
    people may love palm or at least the phone and have helped already by boying their product... but you dont go throwing good money away by buying their stock thinking that will help lol.

    a $1000 investment if you were one to buy in Jan at 13.56 a share?
    worth $307. how did those people help palm by throwing away a two-thirds of their money?

    Quote Originally Posted by graffix31 View Post
    Seriously, isnt this a place for people who want palm to make it? With a stock that low why would you sell. If anything we should all by some at this low price and help palm instead of jumping ship and adding to problem.
  16. #56  
    Quote Originally Posted by donm527 View Post
    people may love palm or at least the phone and have helped already by boying their product... but you dont go throwing good money away by buying their stock thinking that will help lol.

    a $1000 investment if you were one to buy in Jan at 13.56 a share?
    worth $307. how did those people help palm by throwing away a two-thirds of their money?
    Actually you do do that. Maybe not in this case. But there is a saying you have to spend money to make money. People put money in cars, houses, or even creating a business, to eventually make more than they spent. There was a time when Apple stock suck, but look at it today.
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    #57  
    Quote Originally Posted by casiouser View Post
    Actually you do do that. Maybe not in this case. But there is a saying you have to spend money to make money. People put money in cars, houses, or even creating a business, to eventually make more than they spent. There was a time when Apple stock suck, but look at it today.
    Apple had a much larger user base and an operating system. They had many millions of computers sold and had Adobe to help with dominating the graphics and multimedia areas (including music making.) Palm has nothing, unfortunately, just a nice mousetrap with no partners or solid bread and butter market.
  18. #58  
    I don't think there's going to be any significant bounce back. Sure some of the analyst nonsense is dump and buy, but all in all, Palm has little to no value @ this point.

    They've got hundreds of thousands of unsold inventory in the channel, with little to no remedy of moving it. They are sitting on roughly 6 months of cash, but I'm not sure its enough to do what's necessary to right the ship.

    Either someone acquires them soon or I think we are nearing the end of the road.

    Next week is going to be even worse.
  19. #59  
    watched all the video clips from the business sites and i am severely depressed now.

    i think Jon has no choice bu to launch a new product. i dont think a new cellphone will save them. a new tablet is what they need.
  20. #60  
    Does buying stock today for a company who's IPO was years ago actually help them out any? Aren't you just paying your money to the guy who owned the shares before you did, not the company itself?
    Yeah, uhh... it's Kevin. (KevinT was already taken.)

    PalmPilot Professional, Palm V, Kyocera 7135, Treo 600, Treo 650, Treo 700p, Palm Prē & Prē 2, HP TouchPad & Veer
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